Data as of February 2026. Source: Realtor.com.
The CHEBOYGAN, MI real estate market (49721) currently shows 43 active listings, with 15 pending sales. Homes are averaging 89 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 89 days on market compared to 63 days last year.
The median listing price has fallen 9.3% year-over-year, from $315,000 to $285,725.
Whether you are buying or selling in CHEBOYGAN, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 14,034 · Density: 20.3/mi² · Median household income: $58,163
Typical home value: $159,404 · Homeownership: 83.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49721 | Cheboygan, MI 49721 | 0.0 mi | 49 | $26,776,491 | $279,900 | $546,459 |
| 49775 | Pointe Aux Pins, MI 49775 | 13.7 mi | 6 | $2,001,798 | $234,450 | $333,633 |
| 49705 | Afton, MI 49705 | 15.4 mi | 5 | $4,405,000 | $450,000 | $881,000 |
| 49706 | Alanson, MI 49706 | 18.0 mi | 23 | $13,202,092 | $359,000 | $574,004 |
| 49765 | Onaway, MI 49765 | 19.2 mi | 11 | $5,322,790 | $261,500 | $483,890 |
| 49718 | Carp Lake, MI 49718 | 19.8 mi | 1 | $380,000 | $380,000 | $380,000 |
| 49757 | Mackinac Island, MI 49757 | 21.5 mi | 5 | $5,604,000 | $995,000 | $1,120,800 |
| 49770 | Petoskey, MI 49770 | 26.2 mi | 139 | $294,219,215 | $2,399,000 | $2,116,685 |
| 49795 | Vanderbilt, MI 49795 | 29.1 mi | 10 | $8,704,380 | $577,400 | $870,438 |
| 49779 | Rogers City, MI 49779 | 30.9 mi | 7 | $2,413,775 | $322,000 | $344,825 |
| 49713 | Boyne Falls, MI 49713 | 31.2 mi | 19 | $12,632,549 | $615,000 | $664,871 |
| 49745 | Hessel, MI 49745 | 33.2 mi | 12 | $6,870,000 | $387,500 | $572,500 |
| 49725 | De Tour Village, MI 49725 | 36.7 mi | 9 | $6,834,825 | $354,500 | $759,425 |
As of February 2026, there are 43 active listings in CHEBOYGAN, MI (zip code 49721), compared to 40 the prior year.
The median listing price in CHEBOYGAN, MI 49721 is $285,725 as of February 2026, a 9.3% decrease from $315,000 the prior year.
Homes in CHEBOYGAN, MI 49721 spend an average of 89 days on the market before going under contract, compared to 63 days the prior year.
Based on current inventory and days-on-market data as of February 2026, CHEBOYGAN, MI 49721 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 89 days on market compared to 63 days last year.
With SELL123.com's maximum 3% commission, sellers in CHEBOYGAN, MI 49721 save an estimated $5,715 compared to a typical 5% commission on the median listing price of $285,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.