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Petoskey, MI

City market trends and history

Public Record
Median Sale Price
$462.5K
12-Month Sales
21
-44.3%
1-Year Appreciation
-44.3%
Properties Tracked
2,209
Median Sale Price History
Top Neighborhoods
NameMedian
Village of Wachtel $268.4K

Top Neighborhoods by Activity

Neighborhood Sales 12mo Median
Village of Wachtel 22 $268.4K

Top ZIP Codes

ZIP Sales 12mo Median
49720 2 $267.5K
49770 2 $280K

Recent Sales

Date Address Price
May 4, 2026 Beech St $365K
Feb 23, 2026 Hotchkiss Cir $195K
Nov 11, 2025 Thunder Trl $775K
Nov 7, 2025 Thunder Trl $775K
Oct 10, 2025 Graham Rd $600K
Sep 29, 2025 Lookout St $872.6K
Sep 10, 2025 Pickerel Lake Rd $635K
Aug 29, 2025 Crooked Tree Dr $165K
Aug 19, 2025 E Mitchell St $470K
Aug 7, 2025 E Mitchell Rd $250K
Jul 9, 2025 Lakeside Dr N Apt 35 $610K
Jun 17, 2025 Keaton Rd $630K
Jun 3, 2025 Resort Pike Rd $52K
May 28, 2025 Main St # 34 $516.3K
Apr 21, 2025 Arlington Ave Apt 12 $265K
Mar 20, 2025 Brubaker Rd $521.3K
Feb 24, 2025 E Mitchell Rd $640K
Feb 21, 2025 2317 N HWY $154.5K
Feb 12, 2025 E Mitchell Rd $640K
Feb 10, 2025 Walloon Meadows Cir $460K

4-Quarter Forecast

Linear projection from past trend
Quarterly trend
+4.1%
Implied 1-yr
+16.5%
2026 Q3
$464.4K
2026 Q4
$479.5K
Median Price — History + Forecast

Property type mix

Share by property type

Year-built distribution

Properties by build era

Map

Recent top sales — most expensive

AddressSale dateSale price
Main St Unit 25 Apr 30, 2024 $1,725,000
E Mitchell St Mar 29, 2023 $1,600,000
Wildwinds Dr Dec 7, 2022 $1,425,000
Rose St Dec 6, 2022 $950,000
Woodland Ave Nov 20, 2023 $835,000
Bay View Hts Aug 15, 2022 $825,000
Bay View Hts Aug 15, 2022 $825,000
Woodland Ave Oct 18, 2022 $779,000
Resort Pike Rd Unit 2 Nov 4, 2022 $775,000
Graham Rd Jun 1, 2022 $730,000

How Petoskey compares

MetricPetoskeyMichigan avgUS avg
Median price$462.5K$327.2K$535.4K
1-year change-44.3%-3.4%-5.4%
Sales (12mo)219,643
Median sqft

Other cities in Michigan

How Petoskey ranks in Michigan

1-year appreciation
#416 of 1015
Median price
#244 of 1015

Frequently asked about Petoskey

What is the median sale price in Petoskey, MI?
The median sale price in Petoskey over the last 12 months is $462.5K, based on 21 transactions.
How fast are home prices appreciating in Petoskey?
Petoskey home prices have changed -44.3% year-over-year on a median basis.
How many sales happen each year in Petoskey?
Roughly 21 home sales were recorded in Petoskey over the trailing 12 months.
What types of properties are most common in Petoskey?
single_family is the most common property type tracked in Petoskey.
When were most homes in Petoskey built?
Most homes in Petoskey were built in the 2000-2009 era.