The Unshakable Investor

Unshakable ZIP Data 49765 | Onaway, MI Housing Market

Onaway · Cheboygan County · Michigan · Data updated June 19, 2026

The median sale price in ZIP 49765, Onaway, Michigan is $192,443 at $98 per square foot. 4 single-family homes sold in the latest period, down 17.6 percent from a year earlier. Homes sit a median of 162 days on market with 7.2 months of supply. Sellers are getting 94.9 percent of list price and 0.0 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$203,907
Average price per sq ft$104
Median sale price$192,443
Median sale price per sq ft$98
Median home size1,956 sq ft
Median new listing price$328,690+99.3%
National size rank14,404

Sales activity

MetricValueYear over year
Homes sold4-17.6%
Median days on market162 days
Months of supply7.2 months
New listings6-49.2%
Active listings13-40.1%
Pending sales2-74.7%

Pricing power

MetricValueYear over year
Average sale-to-list ratio94.9%-1.4 pts
Share sold above list0.0%-20.0 pts

These figures describe the single-family market for Onaway, Michigan ZIP 49765. They are market context, not a substitute for sold comps or a formal appraisal.