What is the median home value in Chocolay Charter Township, MI?

The median value of owner-occupied homes in Chocolay Charter Township, MI is $246,800 (±$18,836), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Chocolay Charter Township, the median home value went from $183,900 in 2015–2019 to $246,800 in 2020–2024 (+34.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$246,800 (±$18,836)
Owner-occupied homes
2,239 (±177)
Most common range
$200,000 to $299,999

Home values in Chocolay Charter Township

Owner-occupied homes by value, 2020–2024
ValueChocolay Charter TownshipMarquette CountyMichiganUnited States
Less than $50,00010.8% (±7.0 points)8.2%7.6%5.3%
$50,000 to $99,9993.9% (±2.5 points)10.7%9.2%6.1%
$100,000 to $149,9993.9% (±3.6 points)11.0%10.6%6.8%
$150,000 to $199,99914.5% (±4.6 points)14.7%14.1%9.0%
$200,000 to $299,99933.5% (±7.3 points)26.2%23.4%17.8%
$300,000 to $499,99924.8% (±5.6 points)21.2%24.1%26.9%
$500,000 to $999,9997.5% (±3.4 points)6.9%9.2%20.9%
$1,000,000 or more1.0% (±0.8 points)1.2%1.6%7.1%

The most common range is $200,000 to $299,999, 33.5% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Chocolay Charter Township against Marquette County, its state and the nation

Estimate (90% margin of error)
Chocolay Charter TownshipMarquette CountyMichiganUnited States
Median home value$246,800 (±$18,836)$216,500 (±$5,359)$231,600 (±$642)$332,700
Owner-occupied homes2,239 (±177)19,679 (±427)2,984,190 (±12,886)84,210,142

In Chocolay Charter Township, the median home value is higher than in Marquette County ($216,500).

It is not measurably different from Michigan ($231,600).

It is lower than the national figure ($332,700).

In Marquette County, Chocolay Charter Township ranks 6 of 22 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 409 of 1,518.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Chocolay Charter Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$183,900 (±$12,029)$246,800 (±$18,836)+34.2%No measurable change after inflation
Median owner cost with a mortgage$1,220 (±$55)$1,416 (±$116)+16.1%No measurable change after inflation
Median real estate taxes$1,717 (±$160)$2,096 (±$276)+22.1%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Chocolay Charter Township

Nearest places with a published estimate, compared with Chocolay Charter Township
PlaceDistanceMedian home valueCompared with this place
Chocolay Charter Township—$246,800 (±$18,836)—
West Branch Township (Marquette County)6.2 mi$259,500 (±$30,651)Not measurably different
Marquette9.0 mi$274,700 (±$15,640)Higher
Sands Township9.3 mi$259,200 (±$32,953)Not measurably different
Skandia Township9.7 mi$205,400 (±$34,218)Lower
K. I. Sawyer11 mi$87,300 (±$13,937)Lower
Trowbridge Park11 mi$239,600 (±$27,857)Not measurably different
Onota Township14 mi$330,500 (±$45,870)Higher
Rock River Township15 mi$213,800 (±$23,027)Lower

Nearby places with a measurably lower figure: Skandia Township, MI ($205,400), K. I. Sawyer, MI ($87,300), Rock River Township, MI ($213,800).

Nearby places with a measurably higher figure: Marquette, MI ($274,700), Onota Township, MI ($330,500).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Marquette County, place by place

RankPlaceMedian home value
1Negaunee Township$302,400 (±$32,793)
2Marquette Charter Township$286,700 (±$46,901)
3Marquette$274,700 (±$15,640)
4West Branch Township (Marquette County)$259,500 (±$30,651)
5Sands Township$259,200 (±$32,953)
6Chocolay Charter Township$246,800 (±$18,836)
7Michigamme Township$227,300 (±$78,344)
8Ishpeming Township$206,400 (±$18,042)
9Skandia Township$205,400 (±$34,218)
10Ely Township$196,300 (±$19,220)
11Wells Township (Marquette County)$177,500 (±$68,340)
12Negaunee$170,100 (±$14,623)

Showing 12 of 22 places in Marquette County, ranked from highest to lowest.

The figures for Chocolay Charter Township include the places inside it that have pages of their own: Harvey.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Chocolay Charter Township

What is the average home value in Chocolay Charter Township, MI?

The Census Bureau publishes the median: $246,800 (±$18,836) for owner-occupied homes in Chocolay Charter Township (2020–2024 American Community Survey).

Have home values in Chocolay Charter Township gone up?

In Chocolay Charter Township, the median home value went from $183,900 in 2015–2019 to $246,800 in 2020–2024 (+34.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Chocolay Charter Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Chocolay charter township, Marquette County, Michigan (county subdivision:15660, in state:26 county:103).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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