Unshakable ZIP Data 49770 | Petoskey, MI Housing Market
Petoskey · Emmet County · Michigan · Data updated June 19, 2026
The median sale price in ZIP 49770, Petoskey, Michigan is $487,855 at $303 per square foot. 8 single-family homes sold in the latest period, up 105.9 percent from a year earlier. Homes sit a median of 74 days on market with 16.3 months of supply. Sellers are getting 100.3 percent of list price and 37.5 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $456,492 | |
| Average price per sq ft | $283 | |
| Median sale price | $487,855 | |
| Median sale price per sq ft | $303 | |
| Median home size | 1,612 sq ft | |
| Median new listing price | $593,923 | +22.5% |
| National size rank | 6,950 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 8 | +105.9% |
| Median days on market | 74 days | |
| Months of supply | 16.3 months | |
| New listings | 12 | -6.3% |
| Active listings | 52 | +171.9% |
| Pending sales | 11 | +123.0% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 100.3% | +2.7 pts |
| Share sold above list | 37.5% | -37.5 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$347,845
3-bedroom
$458,799
4-bedroom
$641,728
5-bedroom
$1,223,845
These figures describe the single-family market for Petoskey, Michigan ZIP 49770. They are market context, not a substitute for sold comps or a formal appraisal.