Menominee Real Estate
No active listings · 1 sold in the past 12mo
1
Sold (past 12mo)
66
Avg Days on Market
-5.4%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Market Dashboard
No active listings in Menominee right now.
View 1 recently sold homes →Recently Sold(1)
| Address | Sold Price | Date Sold |
|---|---|---|
| W606 Robert Street, Menominee, MI 49858 | $38,500 | Sep 18, 2025 |
Frequently Asked Questions about Menominee
How many homes are for sale in Menominee?
Menominee currently has 0 homes listed for sale.
Which school districts cover Menominee?
Multiple school districts may serve Menominee. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
How are property taxes calculated in Menominee?
Property taxes in Menominee are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What does demographic data show about housing demand in Menominee?
Based on Census Bureau ACS data, Menominee shows a -5.4% Household Formation Gap. Despite household size decreasing from 2.02 to 2.14, the 0.2% population decline has reduced the overall number of households needing housing. This is a secondary demographic indicator, distinct from primary market measures.