Population: 1,899 · Density: 13.6/mi² · Median household income: $81,875
Typical home value: $214,348 · Homeownership: 96.2%
Data as of January 2026. Source: Realtor.com.
The PRESQUE ISLE, MI real estate market (49777) currently shows 13 active listings, with 3 pending sales. Homes are averaging 129 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 129 days on market compared to 88 days last year.
The median listing price has risen 76.1% year-over-year, from $366,225 to $645,000.
Whether you are buying or selling in PRESQUE ISLE, 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 $ |
|---|---|---|---|---|---|---|
| 49777 | Presque Isle, MI 49777 | 0.0 mi | 13 | $10,140,182 | $645,000 | $780,014 |
| 49707 | Alpena, MI 49707 | 13.1 mi | 49 | $31,921,344 | $229,950 | $651,456 |
| 49779 | Rogers City, MI 49779 | 19.8 mi | 7 | $2,413,775 | $322,000 | $344,825 |
| 49753 | Lachine, MI 49753 | 23.0 mi | 4 | $1,499,800 | $374,950 | $374,950 |
| 49746 | Hillman, MI 49746 | 26.9 mi | 16 | $3,593,408 | $224,000 | $224,588 |
| 49747 | Hubbard Lake, MI 49747 | 30.7 mi | 6 | $2,728,500 | $492,500 | $454,750 |
| 49765 | Onaway, MI 49765 | 36.9 mi | 11 | $5,322,790 | $261,500 | $483,890 |
| 48742 | Lincoln, MI 48742 | 39.0 mi | 10 | $2,091,380 | $227,500 | $209,138 |
| 48619 | Comins, MI 48619 | 40.9 mi | 8 | $1,669,864 | $210,000 | $208,733 |
| 48740 | Harrisville, MI 48740 | 43.4 mi | 11 | $3,681,249 | $243,500 | $334,659 |
| 49705 | Afton, MI 49705 | 46.9 mi | 5 | $4,405,000 | $450,000 | $881,000 |
| 48745 | Mikado, MI 48745 | 49.3 mi | 2 | $609,000 | $304,500 | $304,500 |
| 49726 | Drummond Island, MI 49726 | 50.3 mi | 15 | $7,031,685 | $327,500 | $468,779 |
As of January 2026, there are 13 active listings in PRESQUE ISLE, MI (zip code 49777), compared to 9 the prior year.
The median listing price in PRESQUE ISLE, MI 49777 is $645,000 as of January 2026, a 76.1% increase from $366,225 the prior year.
Homes in PRESQUE ISLE, MI 49777 spend an average of 129 days on the market before going under contract, compared to 88 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PRESQUE ISLE, MI 49777 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 129 days on market compared to 88 days last year.
With SELL123.com's maximum 3% commission, sellers in PRESQUE ISLE, MI 49777 save an estimated $12,900 compared to a typical 5% commission on the median listing price of $645,000. 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.