Data as of September 2026. Source: Realtor.com.
The ONAWAY, MI real estate market (49765) currently shows 20 active listings, with 6 pending sales. Homes are averaging 106 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 106 days on market compared to 53 days last year.
The median listing price has fallen 31.2% year-over-year, from $312,500 to $214,950.
Population: 4,505 · Density: 7.3/mi² · Median household income: $52,308
Typical home value: $104,249 · Homeownership: 83.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49765 | Onaway, MI 49765 | 0.0 mi | 9 | $5,545,368 | $322,000 | $616,152 |
| 49705 | Afton, MI 49705 | 10.1 mi | 4 | $3,788,000 | $415,000 | $947,000 |
| 49749 | Indian River, MI 49749 | 16.8 mi | 21 | $28,554,351 | $424,925 | $1,359,731 |
| 49779 | Rogers City, MI 49779 | 19.0 mi | 9 | $3,271,275 | $310,500 | $363,475 |
| 49791 | Topinabee, MI 49791 | 19.7 mi | 1 | $299,000 | $299,000 | $299,000 |
| 49709 | Atlanta, MI 49709 | 21.3 mi | 34 | $12,793,248 | $259,450 | $376,272 |
| 49751 | Johannesburg, MI 49751 | 24.7 mi | 5 | $2,825,000 | $262,450 | $565,000 |
| 49716 | Brutus, MI 49716 | 27.0 mi | 2 | $8,295,000 | $4,147,500 | $4,147,500 |
| 49713 | Boyne Falls, MI 49713 | 30.3 mi | 21 | $14,506,758 | $658,750 | $690,798 |
| 49735 | Gaylord, MI 49735 | 31.1 mi | 66 | $25,051,950 | $340,825 | $379,575 |
| 49753 | Lachine, MI 49753 | 32.0 mi | 2 | $747,400 | $373,700 | $373,700 |
| 49755 | Levering, MI 49755 | 34.0 mi | 2 | $929,084 | $383,725 | $464,542 |
| 49756 | Lewiston, MI 49756 | 35.9 mi | 30 | $10,332,870 | $194,925 | $344,429 |
As of September 2026, there are 20 active listings in ONAWAY, MI (zip code 49765), compared to 21 the prior year.
The median listing price in ONAWAY, MI 49765 is $214,950 as of September 2026, a 31.2% decrease from $312,500 the prior year.
Homes in ONAWAY, MI 49765 spend an average of 106 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ONAWAY, MI 49765 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 106 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in ONAWAY, MI 49765 save an estimated $4,299 compared to a typical 5% commission on the median listing price of $214,950. 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.