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County Overview

Cheboygan County, MI

Aggregate real estate market report across county ZIPs
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The Cheboygan County, MI real estate market currently shows 194 active listings, with 52 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 43 more homes available — giving buyers more choice.

Homes are selling faster, averaging 60 days on market compared to 63 days last year.

The median listing price has fallen 6% year-over-year, from $414,500 to $389,450.

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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
194
⇧ 28.5% vs 151 last year
Pending
52
27% pending ratio
Median Price
$389,450
⇩ 6% vs $414,500 last year
Average Price
$701,866
⇧ 17.6% vs $596,598 last year
Days on Market
60
⇩ 4.8% vs 63 days last year

Price Per Square Foot

Median $/sqft
$238
⇧ 9.2% vs $218/sqft last year
Median Home Size
1,698 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇧ 57.5% 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 %