Data as of September 2026. Source: Realtor.com.
The CHEBOYGAN, MI real estate market (49721) currently shows 94 active listings, with 25 pending sales. Homes are averaging 59 days on the market before going under contract.
Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 59 days on market compared to 57 days last year.
The median listing price has fallen 3.3% year-over-year, from $354,825 to $343,200.
Population: 14,034 · Density: 20.3/mi² · Median household income: $58,163
Typical home value: $159,404 · Homeownership: 83.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49721 | Cheboygan, MI 49721 | 0.0 mi | 43 | $22,000,606 | $285,725 | $511,642 |
| 49749 | Indian River, MI 49749 | 12.3 mi | 21 | $28,554,351 | $424,925 | $1,359,731 |
| 49716 | Brutus, MI 49716 | 14.9 mi | 2 | $8,295,000 | $4,147,500 | $4,147,500 |
| 49755 | Levering, MI 49755 | 17.4 mi | 2 | $929,084 | $383,725 | $464,542 |
| 49701 | Mackinaw City, MI 49701 | 18.6 mi | 7 | $5,512,003 | $380,000 | $787,429 |
| 49769 | Pellston, MI 49769 | 19.3 mi | 1 | $847,250 | $847,250 | $847,250 |
| 49759 | Millersburg, MI 49759 | 20.8 mi | 14 | $4,655,168 | $297,500 | $332,512 |
| 49799 | Wolverine, MI 49799 | 22.0 mi | 5 | $3,128,750 | $625,750 | $625,750 |
| 49740 | Harbor Springs, MI 49740 | 26.4 mi | 52 | $77,358,580 | $869,087 | $1,487,665 |
| 49781 | Saint Ignace, MI 49781 | 30.5 mi | 8 | $3,036,640 | $375,000 | $379,580 |
| 49719 | Cedarville, MI 49719 | 31.1 mi | 5 | $3,625,000 | $850,000 | $725,000 |
| 49796 | Walloon Lake, MI 49796 | 31.5 mi | 4 | $8,324,800 | $1,904,950 | $2,081,200 |
| 49743 | Hawks, MI 49743 | 34.4 mi | 1 | $147,900 | $147,900 | $147,900 |
As of September 2026, there are 94 active listings in CHEBOYGAN, MI (zip code 49721), compared to 79 the prior year.
The median listing price in CHEBOYGAN, MI 49721 is $343,200 as of September 2026, a 3.3% decrease from $354,825 the prior year.
Homes in CHEBOYGAN, MI 49721 spend an average of 59 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of September 2026, CHEBOYGAN, MI 49721 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 59 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in CHEBOYGAN, MI 49721 save an estimated $6,864 compared to a typical 5% commission on the median listing price of $343,200. 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.