Population: 14,034 · Density: 20.3/mi² · Median household income: $58,163
Typical home value: $159,404 · Homeownership: 83.3%
Data as of January 2026. Source: Realtor.com.
The CHEBOYGAN, MI real estate market (49721) currently shows 49 active listings, with 15 pending sales. Homes are averaging 80 days on the market before going under contract.
Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 80 days on market compared to 65 days last year.
The median listing price has risen 8.1% year-over-year, from $259,000 to $279,900.
Whether you are buying or selling in CHEBOYGAN, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49721 | Cheboygan, MI 49721 | 0.0 mi | 49 | $26,776,491 | $279,900 | $546,459 |
| 49775 | Pointe Aux Pins, MI 49775 | 13.7 mi | 6 | $2,001,798 | $234,450 | $333,633 |
| 49705 | Afton, MI 49705 | 15.4 mi | 5 | $4,405,000 | $450,000 | $881,000 |
| 49706 | Alanson, MI 49706 | 18.0 mi | 23 | $13,202,092 | $359,000 | $574,004 |
| 49765 | Onaway, MI 49765 | 19.2 mi | 11 | $5,322,790 | $261,500 | $483,890 |
| 49718 | Carp Lake, MI 49718 | 19.8 mi | 1 | $380,000 | $380,000 | $380,000 |
| 49757 | Mackinac Island, MI 49757 | 21.5 mi | 5 | $5,604,000 | $995,000 | $1,120,800 |
| 49770 | Petoskey, MI 49770 | 26.2 mi | 139 | $294,219,215 | $2,399,000 | $2,116,685 |
| 49795 | Vanderbilt, MI 49795 | 29.1 mi | 10 | $8,704,380 | $577,400 | $870,438 |
| 49779 | Rogers City, MI 49779 | 30.9 mi | 7 | $2,413,775 | $322,000 | $344,825 |
| 49713 | Boyne Falls, MI 49713 | 31.2 mi | 19 | $12,632,549 | $615,000 | $664,871 |
| 49745 | Hessel, MI 49745 | 33.2 mi | 12 | $6,870,000 | $387,500 | $572,500 |
| 49725 | De Tour Village, MI 49725 | 36.7 mi | 9 | $6,834,825 | $354,500 | $759,425 |
As of January 2026, there are 49 active listings in CHEBOYGAN, MI (zip code 49721), compared to 35 the prior year.
The median listing price in CHEBOYGAN, MI 49721 is $279,900 as of January 2026, a 8.1% increase from $259,000 the prior year.
Homes in CHEBOYGAN, MI 49721 spend an average of 80 days on the market before going under contract, compared to 65 days the prior year.
Based on current inventory and days-on-market data as of January 2026, CHEBOYGAN, MI 49721 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 80 days on market compared to 65 days last year.
With SELL123.com's maximum 3% commission, sellers in CHEBOYGAN, MI 49721 save an estimated $5,598 compared to a typical 5% commission on the median listing price of $279,900. 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.