Land Market Insights and Pricing in Gogebic County, Michigan

Gogebic County, Michigan, offers a diverse landscape for land buyers, featuring a striking blend of forested terrain and abundant water resources. The county's northern border along Lake Superior provides coveted waterfront property opportunities, while Lake Gogebic, the largest in the Upper Peninsula, offers additional lakefront options. With 25% of its area covered by water, Gogebic boasts exceptional recreational potential. The Ottawa National Forest dominates the eastern portion, appealing to those seeking wooded acreage or conservation-minded investments. Major highways like US-2 and M-28 ensure good accessibility throughout the region. While the median home price of $99,700 is notably low, potential buyers should be aware of the higher-than-average property tax rate of 1.49%. The county's natural beauty and affordability make it an attractive option for those looking to invest in Michigan land, despite economic challenges reflected in a 6.9% unemployment rate.