5040 County Road 581 Rd, Ishpeming, MI 49849
OFF MARKET

$272,400

Trulia Estimate
  • Studio

5040 County Road 581 Rd, Ishpeming, MI 49849

Est. Refi. Payment $1,769/mo*
Refinance Your Home

Home Value

Trulia Estimate
$272K
Since last month
Decreased$11K (-4%)
Since last year
Increased$152K (+126.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +46% in the last 10 years
MonthEstimated value
2026
September 2026$272K
August 2026$284K
July 2026$281K
June 2026$275K
May 2026$265K
April 2026$275K
March 2026$253K
February 2026$245K
January 2026$241K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.69
Single-Family Home
$192,835
07/28/26
3
1
1,179
0.95
Single-Family Home
$290,000
06/15/26
3
2
1,432
0.95
Single-Family Home
$340,000
08/21/26
3
3
2,301
0.96
Single-Family Home
$407,500
09/04/26
3
2.5
2,641
1.00
Single-Family Home
$150,000
08/14/26
3
1
820
1.01
Single-Family Home
$261,000
03/20/26
2
2
1,288
1.05
Single-Family Home
$350,000
09/04/26
3
2
2,000
1.06
Single-Family Home
$345,000
07/24/26
3
1.5
1,330
1.11
Single-Family Home
$91,000
09/09/26
3
1
1,180
1.13
Single-Family Home
$221,000
06/10/26
4
1.5
1,449

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.69
$192,835
3
1
1,179
Recently Sold
0.73
$201,100
3
1
1,216
Off Market
0.90
$69,000
2
1
655
For Sale
0.95
$290,000
3
2
1,432
Recently Sold
0.95
$340,000
3
3
2,301
Recently Sold
0.96
$407,500
3
2.5
2,641
Recently Sold
1.00
$357,900
3
3
2,282
Off Market
1.00
$150,000
3
1
820
Recently Sold
1.01
$349,900
5
2
2,304
For Sale
1.05
$350,000
3
2
2,000
Recently Sold
1.06
$345,000
3
1.5
1,330
Recently Sold
1.07
$276,600
3
1.5
2,230
Off Market

Local Information

  • Map ViewExplore the area around 5040 County Road 581 Rd.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

5040 County Road 581 Rd is in Ishpeming, MI and in ZIP code 49849.
5040 County Road 581 Rd, Ishpeming, MI 49849 is a studio property. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $272,400, with a rent estimate of $1,736/month.

Price and Tax history

DateEventPrice
Mar 26, 2024
Source: Upper Peninsula AOR #50116188
PendingToActive
$119,000
Mar 14, 2024
Source: Upper Peninsula AOR #50116188
Contingent
$119,000
Dec 26, 2023
Source: Upper Peninsula AOR #50116188
PriceChange
$119,000
Price decreased by 8%
Jul 21, 2023
Source: Upper Peninsula AOR #50116188
Listed For Sale
$129,900

Market trends in Ishpeming

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$227K
$2.33K
MoM
Sale-to-List Price
Price per sq ft
$158
$10
MoM
Available listings
70
7
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Ishpeming

At least 30 Trulia users voted on each feature.
  • 92 % Say it's dog friendly

  • 85 % Say kids play outside

  • 84 % Say car is needed

  • 78 % Say yards are well-kept

  • 74 % Say parking is easy

  • 74 % Say there's holiday spirit

  • 74 % Say people would walk alone at night

  • 66 % Say there's wildlife

  • 62 % Say it's quiet

  • 61 % Say they plan to stay for at least 5 years

  • 58 % Say neighbors are friendly

  • 57 % Say it's walkable to restaurants

  • 56 % Say there are sidewalks

  • 56 % Say it's walkable to grocery stores

  • 32 % Say streets are well-lit

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jennifer M.
    "We’ve lived in the area over 20 years. Great place for families and kids to get to school. Great quiet streets "
  • Nanatam1960
    "amazing neighborhood...safe...secure...friendly...clean. ..neighbors are friendly...homes are well kept...schools are great... nice "
  • Nanatam1960
    "it is a very hilly community and you can get winded. The other thing would be if the folks didn't pick up dog waste it could get very messy. When walking your dogs in our neighborhood you sense that people care and enjoy their community. Very safe and secure neighborhoods. There is a leash law in our city and it gives us a sense of security and safety. Strong emphasis on licensing dogs in our city too. "
  • Nanatam1960
    "community concerts, block parties, garage sales, Christmas parades, 4th of July parades, ethnic festivals"
  • Nanatam1960
    "it is a great place to walk dogs. Very safe, clean and dog friendly. Definitely a dream neighborhood and a gr at place for families with kids, elderly folks and empty nesters. "
  • Kendra A.
    "Italian Fest is great, there’s also a Christmas tree lighting ceremony downtown in the winter. There’s always some community event to go to in Ishpeming"
  • Jldurnion
    "I've lived here for 13 years and we've never had any problems in our neighborhood. need more lighting on the streets though "

LGBTQ Local Legal Protections

Frequently asked questions about 5040 County Road 581 Rd

  • What is 5040 County Road 581 Rd estimated to be worth?
    Trulia's estimated value for 5040 County Road 581 Rd in Ishpeming, MI is $272,400.
  • Is Ishpeming a buyer's or seller's market?
    Ishpeming is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Ishpeming?
    The median sale price in Ishpeming is $227K. That is up $2.33K from the prior month.
  • What do residents say about Ishpeming?
    Residents describe Ishpeming, MI as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Ishpeming, MI.

Off Market Homes Near 5040 County Road 581 Rd

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Homes for sale near 5040 County Road 581 Rd

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