49911
Bessemer, Michigan.
Bessemer, Gogebic County, MI · population 2,729
to buy the typical home at today's mortgage rate — +$386 (+165%) since Jan 2020.
- 1 year
- Up $4,680 +4%
- $113,405$118,084 since Sep 2025
- 5 years
- Up $26,257 +29%
- $91,827$118,084 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 49911$620
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in zip 49911 rose 4.1% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Bessemer, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 49911
Mid-tier homes, smoothed and seasonally adjusted.
- 49911$118,084
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 4.1 | 49938 | Ironwood | 7,460 | — | $112,673 |
| 8.1 | 49968 | Wakefield | 2,203 | — | $109,929 |
| 13.0 | 54534 | Hurley | 2,393 | — | $144,573 |
| 13.7 | 54550 | Montreal | 768 | — | $123,516 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.