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ZIP 49721 in Cheboygan, MI: housing market trends

The median home sale price in ZIP 49721 in Cheboygan, MI was $258,424 for the three-month period ending September 2026. Sale prices were 3.4% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$258,424
three-month period ending September 2026
Median sale price per sq ft
$138.28
three-month period ending September 2026
Active listings
152
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 152 active listings for the three-month period ending September 2026. Active listings were 16.9% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 56 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 49721 in Cheboygan, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$258,424$138.2863
Single-familySeptember 2026$258,435$138.2863
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 49721 in Cheboygan, MI
MarketMedian sale priceReporting period / source
Cheboygan, MI$177,3663 months ending September 2026 · Redfin
Indian River, MI$412,3043 months ending September 2026 · Redfin
Bois Blanc Island, MIUnavailableMonth ending unavailable date · Zillow
Pellston, MI$293,1103 months ending September 2026 · Redfin
Levering, MI$159,9003 months ending June 2026 · Redfin
Brutus, MI$322,8463 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 49721 in Cheboygan, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$258,424$138.28152
August 2026$250,000$149.89147
July 2026$250,000$148.23131
June 2026$209,000$125.82111
May 2026$236,620$125.8291
April 2026$236,620$124.6981
March 2026$236,240$131.2183
February 2026$192,450$126.6489
January 2026$185,000$124.8199
December 2025$229,500$156.34107
November 2025$248,500$159.72127
October 2025$257,500$163.47132
September 2025$250,000$155.72130
August 2025$235,000$155.72118
July 2025$208,500$140.50109
June 2025$218,000$140.4697
May 2025$206,000$134.1479
April 2025$207,000$140.9366
March 2025$187,500$140.1871
February 2025$187,000$121.3080
January 2025$220,000$143.0498
December 2024$220,000$143.04104
November 2024$235,000$156.09122
October 2024$304,500$160.78129

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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