Ida, MI

Ida is a small town in the Upper Peninsula of Michigan with a population of just over 2,000 people. It is located about an hour north of the city of Marquette and about an hour south of the city of Sault Ste. Marie. Ida is known for its logging and lumber industry, but it has also become a popular tourist destination because of its natural beauty and proximity to some great outdoor activities, such as fishing, hunting, skiing, snowmobiling, and hiking.

The real estate market in Ida is very competitive due to its limited population size and limited housing stock. The average price for residential property in Ida was $128,000 in 2017. The most expensive neighborhoods in Ida are located on the eastern side of town near the University of Michigan campus. The least expensive neighborhoods are located on the western side of town near Lake Superior.

There are a number of factors that influence real estate prices in Ida: location (near major transportation hubs or recreational areas), size (in relation to other properties available), age (older homes tend to be more expensive than newer homes), condition (poorly maintained homes will typically cost more than well-maintained homes), and amenities (including schools and recreational facilities).