How much do homes in Cheboygan, MI cost?

Median List Price

$99,000

Based on all homes listed in the last 12 months.

Difference Since July 2020

+$17,000(+20.7%)

Key Takeaway

The list price of homes in Cheboygan has increased by 20.7% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSJul 2020Jul 2021%
1 $89.4K-N/A
2 $72.5K$88.4K+22.0%
3 $83K$105K+26.5%
4 $97.4K$119.4K+22.6%
5+ $134.9K$137.4K+1.9%

Median List Price Compared To Nearby Cities

Benton Township
+26.8%
Cheboygan
+20.7%
Inverness Township
+9.8%
Beaugrand Township
+2.8%

How many homes are available in Cheboygan, MI?

Number of Homes For Sale

Jun 2021Jul 2021%
2125+19.0%

Homes For Sale By Bedroom Count

# BEDSJun 2021Jul 2021%
1 000.0%
2 36+100.0%
3 1315+15.4%
4 32-33.3%
5+ 220.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Jul 2020Jul 2021%
246 Days74 Days-69.8%

About Cheboygan, MI

There are 25 homes are for sale in Cheboygan, MI real estate market. Between June 2021 and July 2021, Cheboygan, MI real estate market has seen increase in the number of listings by 19%. In July 2021, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $99,000. Listing prices have changed in this real estate market between June 2021 and July 2021: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 22% more expensive, 3 bedrooms properties prices increased by 26.5%, prices of 4 bedrooms properties went up by 22.6%, prices of 5 bedrooms properties increased by 1.9%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 100%, volume of 3 bedrooms homes went up by 15.4%, number of 4 bedrooms homes decreased by 33.3%, the quantity of 5 bedrooms homes have not changed. In July 2021 more than 1 listings in Cheboygan, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below.

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