Petoskey Housing Information - Census

IndexPetoskeyMichiganNational
Median home price$169,500$127,800$184,700
Median rent asked$590$799$949
Avg. people per household1.82.52.6
Owner occupied households57.8%70.8%63.6%
Renter occupied households42.2%29.2%36.4%

Petoskey Housing Information - Zillow

IndexPetoskeyMichiganNational
Zillow home value indexn/a$132,300$196,500
Year over year appreciation raten/a7.91%6.79%
5 year average appreciation raten/a8.20%5.28%
10 year average appreciation raten/a-0.30%0.01%

Did you know?

  • The median home price in Petoskey is 8% lower than the national average.
  • The median rent asked in Petoskey is 38% lower than the national average.
  • The average number of people per household in Petoskey is 31% lower than the national average.
  • The number of owner occupied households in Petoskey is 9% lower than the national average.
  • The number of renter occupied households in Petoskey is 16% higher than the national average.

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Compare Petoskey, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Bay Shore, MI873$0100%
Ponshewaing, MI39$0100%
Oden, MI388$66,50064%
Boyne Falls, MI359$78,30058%
Pellston, MI832$82,20055%
Petoskey, MI5,731$169,5008%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Moosic, PA5,731$146,50021%
Edna, TX5,731$80,20057%
Fort Wright, KY5,732$189,0002%
Hampshire, IL5,732$209,60013%
Comstock Northwest, MI5,728$135,90026%
Petoskey, MI5,731$169,5008%
Source: The Petoskey, MI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.