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MACKINAW CITY, MI 49701

Real Estate Market Report  ·  Emmet County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇧ 300% vs 2 last year
Pending
1
13% pending ratio
Median Price
$380,000
⇧ 22% vs $311,400 last year
Average Price
$609,429
⇧ 95.7% vs $311,400 last year
Days on Market
124
⇧ 195.2% vs 42 days last year

Market Context

Population: 739  ·  Density: 16.4/mi²  ·  Median household income: $46,111

Typical home value: $215,047  ·  Homeownership: 72.2%

Market Analysis

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

The MACKINAW CITY, MI real estate market (49701) currently shows 8 active listings, with 1 pending sales. Homes are averaging 124 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 124 days on market compared to 42 days last year.

The median listing price has risen 22% year-over-year, from $311,400 to $380,000.

Whether you are buying or selling in MACKINAW CITY, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 2 last year
  • Days on market: 124 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $380,000 (+22% YoY)
  • Average: $609,429 (+95.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 37.4 miles — 152 listings ($88,862,089 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49701Mackinaw City, MI 497010.0 mi8$4,875,432$380,000$609,429
49755Levering, MI 497558.4 mi1$850,000$850,000$850,000
49775Pointe Aux Pins, MI 4977513.5 mi6$2,001,798$234,450$333,633
49781Saint Ignace, MI 4978114.0 mi8$3,099,800$375,000$387,475
49721Cheboygan, MI 4972118.6 mi49$26,776,491$279,900$546,459
49706Alanson, MI 4970621.5 mi23$13,202,092$359,000$574,004
49745Hessel, MI 4974523.3 mi12$6,870,000$387,500$572,500
49719Cedarville, MI 4971927.9 mi5$3,625,000$850,000$725,000
49705Afton, MI 4970531.1 mi5$4,405,000$450,000$881,000
49774Pickford, MI 4977434.3 mi9$1,979,028$203,620$219,892
49796Walloon Lake, MI 4979634.5 mi3$7,804,899$3,150,000$2,601,633
49762Naubinway, MI 4976235.5 mi4$740,000$184,000$185,000
49713Boyne Falls, MI 4971337.4 mi19$12,632,549$615,000$664,871

Frequently Asked Questions

How many homes are for sale in MACKINAW CITY, MI 49701?

As of January 2026, there are 8 active listings in MACKINAW CITY, MI (zip code 49701), compared to 2 the prior year.

What is the median home price in MACKINAW CITY, MI 49701?

The median listing price in MACKINAW CITY, MI 49701 is $380,000 as of January 2026, a 22% increase from $311,400 the prior year.

How long do homes stay on the market in MACKINAW CITY, MI?

Homes in MACKINAW CITY, MI 49701 spend an average of 124 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in MACKINAW CITY, MI 49701?

Based on current inventory and days-on-market data as of January 2026, MACKINAW CITY, MI 49701 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 124 days on market compared to 42 days last year.

How much can I save on real estate commission in MACKINAW CITY, MI?

With SELL123.com's maximum 3% commission, sellers in MACKINAW CITY, MI 49701 save an estimated $7,600 compared to a typical 5% commission on the median listing price of $380,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.