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County Overview

Cheboygan County, MI

Aggregate real estate market report across county ZIPs
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The Cheboygan County, MI real estate market currently shows 76 active listings, with 15 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 87 days on market compared to 80 days last year.

The median listing price has fallen 16% year-over-year, from $404,725 to $339,975.

Whether you are buying or selling in Cheboygan County, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 21,881  ·  Density: 21.1/mi²  ·  Median household income: $58,900

Typical home value: $163,319  ·  Homeownership: 84.6%

Included Areas

Afton: 49705

Burt Lake: 49717

Cheboygan: 49721

Indian River: 49749

Mullett Lake: 49761

Topinabee: 49791

Tower: 49792

Wolverine: 49799

Area Map

Market Overview

Active Listings
76
⇧ 1.3% vs 75 last year
Pending
15
20% pending ratio
Median Price
$339,975
⇩ 16% vs $404,725 last year
Average Price
$791,503
⇧ 26.1% vs $627,693 last year
Days on Market
87
⇧ 8.8% vs 80 days last year

Price Per Square Foot

Median $/sqft
$210
⇩ 12.1% vs $239/sqft last year
Median Home Size
1,810 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
100%
Listings with no price change
Price Reduced
0%
⇩ 67.6% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %