Emmet County, MI Home Values & Market Trends

The median home price in Emmet County, MI is $385,536.71. There were 974 home sales in Emmet County, MI over the past 12 months. The median residential Emmet County, MI home value for transactions over the previous year is $125,000. The number of current listings in Emmet County, MI is 61, and the percentage of properties for sale is 61.00%. The county has 5 foreclosures, 2 bank owned properties, 3 headed for auction, and 61 properties for sale.

Emmet County, MI Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Harbor Springs

$ 795,000

$ 204/sqft

Pellston

$ 225,000

$ 208/sqft

Petoskey

$ 378,802

$ 223/sqft

Conway

$ 169,042

$ 504/sqft

Alanson

$ 299,900

$ 160/sqft

Brutus

$ --

$ --

Levering

$ 207,007

$ 137/sqft

Oden

$ --

$ --

Carp Lake

$ 314,681

$ 147/sqft

Housing Market Summary for Emmet County, MI

Apr 2023March 2024Change
Median Listing Price$559K$422.2K-24.48%
Median Sold Price$309.4K$422.2K36.46%
Homes For Sale7575-
Homes Sold3984195.28%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Emmet County, MI

Emmet County, MI home values range from $22,180 to $18,079,589. Harbor Springs is the priciest city with a median listing home price of $795,000, and Conway is most affordable with average house prices of around $210,000.

Foreclosure
There are 9 cities within Emmet County, MI; within these cities, the median estimated home value for homes in foreclosure ranges from $317,851 in Brutus to the lowest value of $147,405 in Brutus. Foreclosure homes account for 0.00% of properties in Emmet County, MI with Levering containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Emmet County, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Emmet County, MI; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Emmet County, MI ranges from the highest value of $317,851 in Alanson to the lowest value of $229,547 in Petoskey. Bank owned homes and properties account for 0.01% of properties in Emmet County, MI. There are 9 cities within Emmet County, MI; Alanson containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Levering has 3 auction properties, the highest number of properties going to auction in a single city in the state of Emmet County, MI. Auction homes and other auction properties account for 0.02% of all properties in Emmet County, MI. There are 9 cities within Emmet County, MI; of those cities, the median estimated home value for homes going to auction ranges from $299,179 in Harbor Springs to the lowest value of $147,405 in Harbor Springs.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in Emmet County, MI with Harbor Springs containing 21 homes for sale, the highest number of listed properties in a single city. There are 9 cities within Emmet County, MI; homes for sale in those cities, have a range of median values from $2,695,000 in Harbor Springs to the lowest value of $37,847 in Petoskey.
    Sold Homes
    The median value for recently sold homes ranges from $153,800 in Conway to the lowest price of $18,915 in Conway. There are 9 cities within Emmet County, MI. Petoskey has 157 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.86% of properties in Emmet County, MI.

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      Guide for Emmet County, MI

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Emmet County, MI

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