How much do homes in Emmet County, MI cost?

Median List Price

$331,310

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$47,939(+16.9%)

Key Takeaway

The list price of homes in Emmet 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 $147K$167.5K+13.9%
2 $179.9K$225.1K+25.1%
3 $255K$319.4K+25.3%
4 $417K$452K+8.4%
5+ $747K$850K+13.8%

Median List Price Compared To Nearby Counties

Emmet County
+16.9%
Cheboygan County
+16.9%
Charlevoix County
+15.3%

How many homes are available in Emmet County, MI?

Number of Homes For Sale

Jul 2021Aug 2021%
337344+2.1%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 36360.0%
2 6867-1.5%
3 117110-6.0%
4 7884+7.7%
5+ 3847+23.7%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
204 Days109 Days-46.8%

About Emmet County, MI

Emmet County, MI has 344 homes on the market. The inventory of homes for sale in Emmet County, MI between July 2021 and August 2021 increased by 2.1%. In August 2021 median list price was $331,310 and the average listing age was 109 days. This housing market listing prices have changed between July 2021 and August 2021: the cost of 1 bedroom properties went up by 13.9%, the cost of 2 bedrooms properties went up by 25.1%, prices of 3 bedrooms properties went up by 25.3%, prices of 4 bedrooms properties went up by 8.4%, the cost of 5 bedrooms properties went up by 13.8%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went down by 1.5%, 3 bedrooms homes inventory decreased by 6%, 4 bedrooms homes inventory increased by 7.7%, volume of 5 bedrooms homes went up by 23.7%. Emmet County, MI housing market in August 2021 saw over 27 listings sold above listed price, more than 24 sold at listed price and over 30 sold below.

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