49770 Home Values & Market Trends

There are 238 homes currently listed for 49770. 49770 real estate market trends show that home prices range from $197,000 to $3,900,000, and the median sales price in the 49770 zip code is $484,765. The total number of properties sold within the past twelve months is 416. In 49770, 1 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

49770 Real Estate Market Overview

CityMedian Est. Value
Petoskey

$ 484,765

$ 247/sqft

Housing Market Summary for 49770

Sep 2025September 2026Change
Median Listing Price$507K$557.4K9.94%
Median Sold Price$484.5K$379.4K-21.68%
Homes For Sale18423527.72%
Homes Sold13618032.35%
Price
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Homes For Sale
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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 49770

The median list price of a home in Petoskey, is $484,765. A total of 238 properties are for sale, and the percentage of properties for sale in the zip code is 238.00%. The total count of 49770 properties is 423.

Foreclosure
There is 1 cities within 49770; within this cities, the median estimated home value for homes in foreclosure ranges from $164,000 in petoskey to the lowest value of $164,000 in petoskey. Foreclosure homes account for 0.00% of properties in 49770 with petoskey containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 49770 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 49770; of that 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 49770 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 49770. There is 1 cities within 49770; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    petoskey has 1 auction properties, the highest number of properties going to auction in a single city in the state of 49770. Auction homes and other auction properties account for 0.24% of all properties in 49770. There is 1 cities within 49770; of that cities, the median estimated home value for homes going to auction ranges from $164,000 in petoskey to the lowest value of $164,000 in petoskey.
Homes for Sale
Homes and properties that are actively listed for sale account for 56.26% of residential properties in 49770 with petoskey containing 238 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 49770; homes for sale in that cities, have a range of median values from $13,645,000 in petoskey to the lowest value of $110,000 in petoskey.
    Sold Homes
    The median value for recently sold homes ranges from $6,145,973 in petoskey to the lowest price of $119,443 in petoskey. There is 1 cities within 49770. petoskey has 183 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 43.26% of properties in 49770.

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      Guide for 49770

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.

      Recently Listed Homes 49770

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