The Unshakable Investor

Unshakable ZIP Data 49793 | Trout Lake, MI Housing Market

Trout Lake · Chippewa County · Sault Ste. Marie, MI metro · Michigan · Data updated June 19, 2026

The median sale price in ZIP 49793, Trout Lake, Michigan is $240,928 at $219 per square foot. 1 single-family homes sold in the latest period, down 48.5 percent from a year earlier. Homes sit a median of 33 days on market with 12.8 months of supply. Sellers are getting 100.8 percent of list price and 100.0 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$196,922
Average price per sq ft$179
Median sale price$240,928
Median sale price per sq ft$219
Median home size1,100 sq ft
Median new listing price$297,358+107.6%
National size rank28,318

Sales activity

MetricValueYear over year
Homes sold1-48.5%
Median days on market33 days
Months of supply12.8 months
New listings3-23.9%
Active listings5+1.3%
Pending sales2+102.7%

Pricing power

MetricValueYear over year
Average sale-to-list ratio100.8%+6.4 pts
Share sold above list100.0%+100.0 pts

These figures describe the single-family market for Trout Lake, Michigan ZIP 49793. They are market context, not a substitute for sold comps or a formal appraisal.