A+
20%
Med. Home Val. NAT. AVG.
23%
Rent NAT. AVG.
14%
Owner Occ. NAT. AVG.

Petoskey Housing Information

IndexPetoskeyMichiganNational
Median home price$221,900$127,800$184,700
Median rent asked$728$799$949
Avg. people per household2.12.52.6
Owner occupied households54.9%70.8%63.6%
Renter occupied households45.1%29.2%36.4%
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Housing Quick Facts

  • The median home price in Petoskey is 20% higher than the national average.
  • The median rent asked in Petoskey is 23% lower than the national average.
  • The average number of people per household in Petoskey is 21% lower than the national average.
  • The number of owner occupied households in Petoskey is 14% lower than the national average.
  • The number of renter occupied households in Petoskey is 24% higher than the national average.

Most Affordable Places to Live in and Around Petoskey

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Compare Petoskey, MI Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Bay View, MI177$0100%
      Ponshewaing, MI31$0100%
      Oden, MI463$76,30059%
      Pellston, MI755$86,30053%
      Alanson, MI962$105,20043%
      Petoskey, MI5,701$221,90020%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Denair, CA5,702$340,90085%
      El Cerrito CDP, CA5,699$369,500100%
      Nazareth, PA5,705$186,6001%
      Mount Zion, IL5,707$142,30023%
      Dowagiac, MI5,695$74,70060%
      Petoskey, MI5,701$221,90020%
      Source: The Petoskey, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).