Petoskey, MI · Houses & Market Data

Petoskey, Michigan houses and real estate market data.

Houses in Petoskey, MI (Emmet County) — Census median home value $319,300, county listing prices up about 3.9% over the past year. Market data for Petoskey houses and the broader area.

I'm buying in Petoskey → I'm selling / what's my home worth? →
554 Keys Blvd Clearlake Oaks CA Lake Home For Sale Canal View
FEATURED LISTING: WATERFRONT LAKE HOME FOR SALE
Clearlake Oaks Canal-Front Oasis
$425,000 • 3 Beds • 2 Baths • 1,204 Sq Ft
554 Keys, Clearlake Oaks, CA 95423
Luxury Living Lake Lifestyle – Deep Water Access to Clear Lake: PAID-OFF SOLAR • 10-Ft Concrete Seawall • Double Boat Lifts & Private Dock • Hot Tub • Mini-Split HVAC • Close to SF Bay / Wine Country • Cleanest Air in America (Lake County CA) • Spacious Patio and Deck • Open Floor Plan • RV/Boat Parking • Want the Boats? • Make Offer ASAP This Lake Home For Sale in California won't last!
*Listed by Scott Brown, eXp Realty of California, Inc. DRE #01956840. Inquiries delivered directly to listing agent. Search.USAHouses.com*
Contact Agent Direct:
Scott Brown - eXp Realty
Scott@USAHouses.com
Call/Text (707) 474-8855
Click Anywhere on Ad for More Info / Listing Page

Petoskey, MI is in Emmet County, Michigan — this guide covers houses in Petoskey and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 5,851, with a median household income of $71,783. Census data puts the median value of houses in Petoskey at $319,300.

Info from government sites and builders may have provided source info.

Market overview

Petoskey housing market

Petoskey is in Emmet County, Michigan. Manifest Census and county price-trend data provide baseline context for houses in Petoskey and the surrounding county market.

Median home value (Census ACS)

$319,300

Population (Census ACS)

5,851

Median household income

$71,783

County price trend (2025)

3.86% 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

Petoskey market snapshot

Population

5,851

County

Emmet County

Median Household Income

$71,783

Median Home Value (city)

$319,300

Median Gross Rent

$872/mo

Price Trend (YoY)

+3.9%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

Local resources

Get help buying or selling in Petoskey

Open

Local agent spot

This featured-agent spot is open for a licensed local real estate professional in Michigan.

Advertise here →

What can I afford?

Estimate a comfortable price range in under a minute, then connect with a lender for real numbers.

Rough estimate only (28% of income toward housing, ~6.5% illustrative rate, 30-year term) — not a loan offer or pre-qualification. Connect with a lender for real numbers →

Open

Advertise to local buyers

Lenders, inspectors, movers, and other local pros — this spot is open.

Advertise here →

Why Petoskey

What makes Petoskey different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Petoskey's median home value — across all owner-occupied homes, not just recent sales — at $319,300.

County Price Trend

Emmet County's FHFA house price index shows a 3.86% annual change in 2025.

Population & Income

Petoskey has an estimated population of 5,851 and a median household income of $71,783, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Petoskey's Census-reported median home value works out to about 4.4x the area's median household income, and median gross rent runs roughly 15% 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 Petoskey

County guide: Emmet County — cities, market context, and local resources for the county that includes Petoskey.

USAHouses.com also helps visitors looking in nearby Emmet 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 Bay View, Harbor Springs, Conway, Oden, Ponshewaing, Alanson, Brutus, Pellston, Cross Village, Levering, Carp Lake.

More Michigan cities with market guides: Grand Rapids, Warren, Sterling Heights, Ann Arbor, Lansing, Dearborn, Livonia, Troy.

Adjacent-county Census places with USAHouses.com pages: Bay Shore (~4.9 mi), Horton Bay (~6.6 mi), Walloon Lake (~7.3 mi), Boyne City (~10.5 mi), Advance (~10.7 mi), Ironton (~11.6 mi), Charlevoix (~12.4 mi), Boyne Falls (~14.4 mi), East Jordan (~15.8 mi), Indian River (~19.4 mi), Norwood (~20.2 mi), Wolverine (~20.7 mi), Vanderbilt (~22.8 mi), Gaylord (~28.8 mi), Mackinaw City (~31.5 mi), Cheboygan (~32.5 mi).

New construction: New homes near Petoskey (Detroit) · Michigan new construction.

Census & home facts

Petoskey data from published sources

Population (ACS 2023)

5,851

Median home value (ACS 2023)

$319,300

Median household income (ACS 2023)

$71,783

Median gross rent (ACS 2023)

$872

County FHFA annual change (2025)

3.86%

Census place type

city

County

Emmet County

Land area (Census Gazetteer 2024)

5.15 sq mi

Census GEOID

2663820

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

Reach Petoskey buyers

Builders: feature your communities in front of Petoskey buyers — learn about advertising ↗

Want to own this market? Ask about our Petoskey domains — see available domains ↗

Common questions

Petoskey FAQ

What are houses worth in Petoskey, MI?

The Census Bureau's American Community Survey puts the median value of houses in Petoskey at $319,300.

How much do houses cost in Petoskey, MI?

For owner-occupied houses in Petoskey, Census ACS data shows a median value of $319,300. Active listing prices in Emmet County may differ — see the market snapshot above.

What types of houses are in Petoskey, MI?

Petoskey houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Emmet 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 Petoskey, MI?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Petoskey's population at approximately 5,851.

What's the median rent in Petoskey, MI?

The Census ACS estimates median gross rent in Petoskey at approximately $872 per month.

What is the median household income in Petoskey, MI?

Census ACS data puts the median household income in Petoskey at approximately $71,783.

Is the Petoskey housing market growing?

Emmet County's FHFA house price index shows a 3.86% annual change in 2025.

Is Petoskey, MI affordable relative to income?

Census ACS data puts Petoskey's median home value at about 4.4 times the median household income, with median gross rent equal to roughly 15% 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.

Search Petoskey

Look up homes in Petoskey

Search USAHouses.com places, or open verified new construction on NewUSAHouses.com.

New construction in Michigan ↗

Get connected

Find your Petoskey new home

Prices, availability, and incentives change weekly and don't always make it onto this page. Tell us your area, budget, and timeline and we'll point you to communities that fit — including options we track but haven't published here yet.

Get connected in Petoskey

Get the Petoskey market guide

Tell us what you're looking for — buy, sell, both, invest, rent, or you're an agent, builder, vendor, or advertiser. Include where you want to buy or sell and your address if relevant, and we'll route you to the right resource.

Buyer · Seller · Both · Investor · Renter · Agent/Broker · New Home Builder · Vendor/Service Pro · Advertiser · Other