The Fizbit

Fizbo Market Record — March 27, 2026 Among the 6 active listings in Menominee, MI, 3012 16th Street prices at $179,900, placing it at the 33rd price percentile for the city. The Menominee city median runs $237,450, so this listing comes in at approximately 76% of the local median — a below-median position that is reinforced by the market heat classification of "hot" for this segment. The state median for tracked Michigan listings runs $307,000, placing this property at the 40th percentile statewide. The combination of below-median city pricing and a hot market designation indicates this is the segment where demand-to-supply pressure is most acute in Menominee's active inventory. At 2,000 square feet with 3 bedrooms and 3 bathrooms, this 1970-built home delivers above-city-average bathroom count. The city average price per square foot is $153, and this listing calculates to $89.95 per square foot — placing it at the 0th price-per-sqft percentile. That is the lowest per-square-foot cost in the active Menominee inventory, which directly addresses the value proposition: this property delivers more square footage per dollar than any comparable listing currently on the market in the city. For a buyer who is cross-shopping Menominee options on a cost-efficiency basis, the $89.95 per square foot figure is the lead statistic. The home was built in 1970, placing it at the 50th year-built percentile for Menominee — exactly at the median construction vintage for active city inventory. The 3-bathroom configuration is the most notable room-count data point: at 1.5 times the city bathroom average, this property has more bathroom capacity than is typical for Menominee listings at this price tier, which typically carry 1.5 to 2 baths. An open kitchen/living area layout on the main floor plus a second living area in the lower level creates a split-level configuration that provides functional flexibility for households that need independent use of both floors. The attached garage adds covered parking that is not universally present in Menominee's active inventory at this price point. The 0.39-acre lot — approximately 16,988 square feet — provides a usable yard with meaningful outdoor space relative to city norms for in-town properties. A note of relevance for buyers: the listing discloses non-homestead tax status with reassessment planned for 2026, which may change the carrying cost picture. Buyers doing due diligence should model potential tax increases when evaluating their monthly cost position. The hot market designation for this segment reflects the broader pattern visible in the Menominee comp set: the city median of $237,450 versus the type median of $159,900 suggests that the house-category median is substantially below the blended city median, indicating competitive demand specifically for single-family homes in this price tier. At $179,900, 3012 16th Street prices between the type median and the city median, which is the range where the agent can present the listing as correctly positioned for quick absorption in a demonstrated hot segment.