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Advertise here →Cheboygan, MI · Houses & Market Data
Cheboygan, Michigan houses and real estate market data.
Houses in Cheboygan, MI (Cheboygan County) — Census median home value $118,700, county listing prices up about 7.2% over the past year. Market data for Cheboygan houses and the broader area.
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Cheboygan, MI is in Cheboygan County, Michigan — this guide covers houses in Cheboygan and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,801, with a median household income of $41,338. Census data puts the median value of houses in Cheboygan at $118,700.
Info from government sites and builders may have provided source info.
Market overview
Cheboygan housing market
Cheboygan is in Cheboygan County, Michigan. Manifest Census and county price-trend data provide baseline context for houses in Cheboygan and the surrounding county market.
Median home value (Census ACS)
$118,700
Population (Census ACS)
4,801
Median household income
$41,338
County price trend (2025)
7.18% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Cheboygan market snapshot
Population
4,801
County
Cheboygan County
Median Household Income
$41,338
Median Home Value (city)
$118,700
Median Gross Rent
$733/mo
Price Trend (YoY)
+7.2%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Cheboygan different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Cheboygan's median home value — across all owner-occupied homes, not just recent sales — at $118,700.
County Price Trend
Cheboygan County's FHFA house price index shows a 7.18% annual change in 2025.
Population & Income
Cheboygan has an estimated population of 4,801 and a median household income of $41,338, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Cheboygan's Census-reported median home value works out to about 2.9x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Cheboygan
County guide: Cheboygan County — cities, market context, and local resources for the county that includes Cheboygan.
USAHouses.com also helps visitors looking in nearby Cheboygan County and other Michigan communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Indian River, Mackinaw City, Tower, Wolverine.
Indian River market data
Nearby city · ~16.4 mi
Mackinaw City market data
Nearby city · ~17.0 mi
Tower market data
Nearby city · ~21.8 mi
Wolverine market data
Nearby city · ~26.3 mi
More Michigan cities with market guides: Grand Rapids, Warren, Sterling Heights, Ann Arbor, Lansing, Dearborn, Livonia, Troy.
Grand Rapids market data
Same-state city guide
Warren market data
Same-state city guide
Sterling Heights market data
Same-state city guide
Ann Arbor market data
Same-state city guide
Lansing market data
Same-state city guide
Dearborn market data
Same-state city guide
Livonia market data
Same-state city guide
Troy market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Carp Lake (~14.1 mi), Levering (~15.2 mi), Pellston (~16.4 mi), Brutus (~18.2 mi), Alanson (~20.7 mi), Ponshewaing (~22.3 mi), Onaway (~22.8 mi), Oden (~22.9 mi), Conway (~25.3 mi), Cross Village (~27.2 mi), Bay View (~28.5 mi), Millersburg (~29.0 mi), Harbor Springs (~29.0 mi), Petoskey (~32.5 mi), Walloon Lake (~34.3 mi), Rogers City (~35.7 mi).
New construction: New homes near Cheboygan (Detroit) · Michigan new construction.
Census & home facts
Cheboygan data from published sources
Population (ACS 2023)
4,801
Median home value (ACS 2023)
$118,700
Median household income (ACS 2023)
$41,338
Median gross rent (ACS 2023)
$733
County FHFA annual change (2025)
7.18%
Census place type
city
County
Cheboygan County
Land area (Census Gazetteer 2024)
6.86 sq mi
Census GEOID
2615000
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
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Closest verified new-home communities near Cheboygan
Availability and pricing are controlled by the builder and may change; confirm with the builder.
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Common questions
Cheboygan FAQ
What are houses worth in Cheboygan, MI?
The Census Bureau's American Community Survey puts the median value of houses in Cheboygan at $118,700.
How much do houses cost in Cheboygan, MI?
For owner-occupied houses in Cheboygan, Census ACS data shows a median value of $118,700. Active listing prices in Cheboygan County may differ — see the market snapshot above.
What types of houses are in Cheboygan, MI?
Cheboygan houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Cheboygan County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Cheboygan, MI?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Cheboygan's population at approximately 4,801.
What's the median rent in Cheboygan, MI?
The Census ACS estimates median gross rent in Cheboygan at approximately $733 per month.
What is the median household income in Cheboygan, MI?
Census ACS data puts the median household income in Cheboygan at approximately $41,338.
Is the Cheboygan housing market growing?
Cheboygan County's FHFA house price index shows a 7.18% annual change in 2025.
Is Cheboygan, MI affordable relative to income?
Census ACS data puts Cheboygan's median home value at about 2.9 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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