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Petoskey, MI Real Estate & Property Data

Petoskey Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Petoskey, MI 49770. ATTOM’s Petoskey real estate data is updated daily, and current market trends show that in Petoskey, MI a total of 420 residential properties have sold over the past year. With a median home price of $657,500 in Petoskey. Get detailed property data for Petoskey, MI instantly. ATTOM is your one-stop-shop for the Petoskey property reports and real estate data you need in Petoskey, MI.

Petoskey Real Estate Market Trends

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

Total Residential Properties 8,556

Total Commercial Properties 1,376

Avg. Home Age (Single Family Home) 44 Years

Avg. Square Feet (Single Family Home) 1,686

Total 2025 Residential Sales (year-to-date) 48

% of Homes Seriously Underwater (Q2 2025) 0.97%

Total 2024 Residential Sales 399

% of Equity Rich Homes (Q2 2025) 35.68%

Effective 2024 Property Tax 0.61%

Total Foreclosure Filings (year-to-date) N/A

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Petoskey, MI 49770 Real Estate Overview

There were 420 residential properties sold in the past year in Petoskey, MI 49770. The median home value in Petoskey, MI 49770 is $442,440. There are a total of 8,556 residential properties in the 49770.

Median Sales Price i

$657,500

(Feb 2025)

+97.6%

year-over-year

y-o-y

February '25 Feb '25 $657,500
January '25 Jan '25 $522,500
December '24 Dec '24 $274,500
November '24 Nov '24 $490,000
October '24 Oct '24 $412,000
September '24 Sep '24 $609,365
August '24 Aug '24 $362,500
July '24 Jul '24 $397,000
June '24 Jun '24 $365,000
May '24 May '24 $475,000
April '24 Apr '24 $324,000
March '24 Mar '24 $246,000

Median Down Payment i

$113,267

(Feb 2025)

+85.4%

year-over-year

y-o-y

February '25 Feb '25 $113,267
January '25 Jan '25 $143,750
December '24 Dec '24 $44,800
November '24 Nov '24 $74,000
October '24 Oct '24 $84,481
September '24 Sep '24 $10,462
August '24 Aug '24 $52,795
July '24 Jul '24 $85,800
June '24 Jun '24 $115,000
May '24 May '24 $52,162
April '24 Apr '24 $50,457
March '24 Mar '24 $118,390

Number of Homes Sold i

18

(Feb 2025)

-25%

year-over-year

y-o-y

February '25 Feb '25 18
January '25 Jan '25 30
December '24 Dec '24 18
November '24 Nov '24 33
October '24 Oct '24 40
September '24 Sep '24 42
August '24 Aug '24 40
July '24 Jul '24 42
June '24 Jun '24 39
May '24 May '24 39
April '24 Apr '24 33
March '24 Mar '24 22

Number of Purchase Loans i

5

(Feb 2025)

-66.7%

year-over-year

y-o-y

February '25 Feb '25 5
January '25 Jan '25 10
December '24 Dec '24 6
November '24 Nov '24 14
October '24 Oct '24 12
September '24 Sep '24 10
August '24 Aug '24 19
July '24 Jul '24 21
June '24 Jun '24 19
May '24 May '24 13
April '24 Apr '24 10
March '24 Mar '24 9

Number of REFI Loans i

21

(Feb 2025)

+10.5%

year-over-year

y-o-y

February '25 Feb '25 21
January '25 Jan '25 18
December '24 Dec '24 33
November '24 Nov '24 25
October '24 Oct '24 34
September '24 Sep '24 26
August '24 Aug '24 35
July '24 Jul '24 25
June '24 Jun '24 21
May '24 May '24 30
April '24 Apr '24 20
March '24 Mar '24 36

Petoskey, MI 49770 Real Estate Market Overview

Last 30 days

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Petoskey, MI 49770 Foreclosure Activity

Total Foreclosure Filings i

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

Foreclosure Starts i

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

Completed Foreclosures (REOs) i

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
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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