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Cheboygan, MI Real Estate & Property Data

Cheboygan Real Estate Market Trends

Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Cheboygan, MI 49721. ATTOM’s Cheboygan real estate data is updated daily, and current market trends show that in Cheboygan, MI a total of 340 residential properties have sold over the past year. With a median home price of $204,000 in Cheboygan. Get detailed property data for Cheboygan, MI instantly. ATTOM is your one-stop-shop for the Cheboygan property reports and real estate data you need in Cheboygan, MI.

Cheboygan Real Estate Market Trends

Get property data for any address in Cheboygan, MI or the country:

Total Residential Properties 9,392

Total Commercial Properties 680

Avg. Home Age (Single Family Home) N/A

Avg. Square Feet (Single Family Home) N/A

Total 2025 Residential Sales (year-to-date) 123

% of Homes Seriously Underwater (Q3 2025) 1.04%

Total 2024 Residential Sales 332

% of Equity Rich Homes (Q3 2025) 23.89%

Effective 2024 Property Tax 0.71%

Total Foreclosure Filings (year-to-date) 4

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Cheboygan, MI 49721 Real Estate Overview

There were 340 residential properties sold in the past year in Cheboygan, MI 49721. The median home value in Cheboygan, MI 49721 is $225,447. There are a total of 9,392 residential properties in the 49721.

Median Sales Price i

$204,000

(Jun 2025)

+14.6%

year-over-year

y-o-y

June '25 Jun '25 $204,000
May '25 May '25 $194,617
April '25 Apr '25 $195,625
March '25 Mar '25 $205,000
February '25 Feb '25 $160,000
January '25 Jan '25 $223,328
December '24 Dec '24 $203,400
November '24 Nov '24 $185,000
October '24 Oct '24 $179,500
September '24 Sep '24 $228,125
August '24 Aug '24 $212,500
July '24 Jul '24 $201,000

Median Down Payment i

$19,000

(Jun 2025)

-28.3%

year-over-year

y-o-y

June '25 Jun '25 $19,000
May '25 May '25 $12,200
April '25 Apr '25 $110,000
March '25 Mar '25 $3,351
February '25 Feb '25 $31,500
January '25 Jan '25 $38,750
December '24 Dec '24 $28,500
November '24 Nov '24 $8,372
October '24 Oct '24 $11,335
September '24 Sep '24 $29,600
August '24 Aug '24 $69,850
July '24 Jul '24 $15,800

Number of Homes Sold i

26

(Jun 2025)

-7.1%

year-over-year

y-o-y

June '25 Jun '25 26
May '25 May '25 27
April '25 Apr '25 20
March '25 Mar '25 20
February '25 Feb '25 10
January '25 Jan '25 20
December '24 Dec '24 35
November '24 Nov '24 26
October '24 Oct '24 35
September '24 Sep '24 34
August '24 Aug '24 22
July '24 Jul '24 37

Number of Purchase Loans i

10

(Jun 2025)

-9.1%

year-over-year

y-o-y

June '25 Jun '25 10
May '25 May '25 14
April '25 Apr '25 7
March '25 Mar '25 11
February '25 Feb '25 5
January '25 Jan '25 13
December '24 Dec '24 17
November '24 Nov '24 16
October '24 Oct '24 16
September '24 Sep '24 18
August '24 Aug '24 10
July '24 Jul '24 21

Number of REFI Loans i

39

(Jun 2025)

+105.3%

year-over-year

y-o-y

June '25 Jun '25 39
May '25 May '25 16
April '25 Apr '25 19
March '25 Mar '25 13
February '25 Feb '25 22
January '25 Jan '25 10
December '24 Dec '24 28
November '24 Nov '24 29
October '24 Oct '24 23
September '24 Sep '24 14
August '24 Aug '24 19
July '24 Jul '24 28

Cheboygan, MI 49721 Real Estate Market Overview

Last 30 days

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Cheboygan, MI 49721 Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 1
March '25 Mar '25 N/A
February '25 Feb '25 2
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 1
August '24 Aug '24 1
July '24 Jul '24 2

Foreclosure Starts i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 1
March '25 Mar '25 N/A
February '25 Feb '25 2
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 1
August '24 Aug '24 1
July '24 Jul '24 2

Completed Foreclosures (REOs) i

1

(Jun 2025)

June '25 Jun '25 1
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

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