How much do homes in Cheboygan County, MI cost?

Median List Price

$198,827

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$28,751(+16.9%)

Key Takeaway

The list price of homes in Cheboygan County has increased by 16.9% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $99.9K$129.9K+30.0%
2 $154.9K$150.5K-2.8%
3 $169.9K$198.9K+17.1%
4 $249.9K$289K+15.6%
5+ $249K$419K+68.3%

Median List Price Compared To Nearby Counties

Presque Isle County
+17.6%
Cheboygan County
+16.9%
Emmet County
+16.9%
Charlevoix County
+15.3%
Otsego County
+15.2%

How many homes are available in Cheboygan County, MI?

Number of Homes For Sale

Jul 2021Aug 2021%
195201+3.1%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 56+20.0%
2 4138-7.3%
3 97100+3.1%
4 3738+2.7%
5+ 1519+26.7%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
191 Days87 Days-54.1%

Breakdown of Home Sale Times

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Key Takeaway

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About Cheboygan County, MI

Homes for sale in Cheboygan County, MI have reached 201. The inventory of homes for sale in Cheboygan County, MI between July 2021 and August 2021 increased by 3.1%. The median list price of listings available in August 2021 was $198,827, while the average time on the real estate market was 87 days. Between July 2021 and August 2021, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 30%, the cost of 2 bedrooms properties went down by 2.8%, 3 bedrooms properties became 17.1% more expensive, the cost of 4 bedrooms properties went up by 15.6%, prices of 5 bedrooms properties went up by 68.3%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went up by 20%, 2 bedrooms homes inventory decreased by 7.3%, 3 bedrooms homes became 3.1% more available, 4 bedrooms homes inventory increased by 2.7%, 5 bedrooms homes became 26.7% more available. Over 25 listings were sold over their listed price in August 2021 in Cheboygan County, MI. In the same period over 17 listings were sold below the listed price and 9 listings were sold for the listed price.

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