Population: 4,505 · Density: 7.3/mi² · Median household income: $52,308
Typical home value: $104,249 · Homeownership: 83.8%
Data as of January 2026. Source: Realtor.com.
The ONAWAY, MI real estate market (49765) currently shows 11 active listings, with 1 pending sales. Homes are averaging 92 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 92 days on market compared to 78 days last year.
The median listing price has fallen 37.6% year-over-year, from $419,000 to $261,500.
Whether you are buying or selling in ONAWAY, 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 $ |
|---|---|---|---|---|---|---|
| 49765 | Onaway, MI 49765 | 0.0 mi | 11 | $5,322,790 | $261,500 | $483,890 |
| 49705 | Afton, MI 49705 | 10.1 mi | 5 | $4,405,000 | $450,000 | $881,000 |
| 49749 | Indian River, MI 49749 | 16.8 mi | 22 | $24,786,014 | $520,450 | $1,126,637 |
| 49779 | Rogers City, MI 49779 | 19.0 mi | 7 | $2,413,775 | $322,000 | $344,825 |
| 49795 | Vanderbilt, MI 49795 | 19.9 mi | 10 | $8,704,380 | $577,400 | $870,438 |
| 49746 | Hillman, MI 49746 | 23.7 mi | 16 | $3,593,408 | $224,000 | $224,588 |
| 49706 | Alanson, MI 49706 | 26.6 mi | 23 | $13,202,092 | $359,000 | $574,004 |
| 49776 | Posen, MI 49776 | 28.1 mi | 7 | $2,850,120 | $440,000 | $407,160 |
| 49770 | Petoskey, MI 49770 | 30.9 mi | 139 | $294,219,215 | $2,399,000 | $2,116,685 |
| 49775 | Pointe Aux Pins, MI 49775 | 31.8 mi | 6 | $2,001,798 | $234,450 | $333,633 |
| 49769 | Pellston, MI 49769 | 33.4 mi | 1 | $253,725 | $253,725 | $253,725 |
| 49796 | Walloon Lake, MI 49796 | 34.0 mi | 3 | $7,804,899 | $3,150,000 | $2,601,633 |
| 49730 | Elmira, MI 49730 | 36.4 mi | 8 | $2,676,200 | $294,900 | $334,525 |
As of January 2026, there are 11 active listings in ONAWAY, MI (zip code 49765), compared to 5 the prior year.
The median listing price in ONAWAY, MI 49765 is $261,500 as of January 2026, a 37.6% decrease from $419,000 the prior year.
Homes in ONAWAY, MI 49765 spend an average of 92 days on the market before going under contract, compared to 78 days the prior year.
Based on current inventory and days-on-market data as of January 2026, ONAWAY, MI 49765 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 92 days on market compared to 78 days last year.
With SELL123.com's maximum 3% commission, sellers in ONAWAY, MI 49765 save an estimated $5,230 compared to a typical 5% commission on the median listing price of $261,500. 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.