Real Estate Price Maphome prices by county

Cheboygan County, MI home prices

Cheboygan County, MI: the typical home is worth $245,644 as of 2026-05, up +1.5% over the past year and n/a since 2000. Listings run about $234/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Cheboygan County is cooling and fairly valued — very affordable for what people here earn.

Momentum+1.5%Cooling
Valuation+6%Fair value
Affordability8/10Very affordable
Market50 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1986: $43,353 → 2026: $245,644 (5.7×) pre-2000 estimated via FHFA index

Typical value$245,6442026-05
1-year+1.5%
5-year+26.7%
10-year+78.3%
Since 2000n/a
Population25k2024
Median income$61,4882023 · 4.0× income
New homes/yr782024
Price / sq ft$234listings
Days on market502026-06
Active listings1062026-06
Price cuts13%of listings

Market read

At $245,644, homes in Cheboygan County sit 7% above the Michigan median ($228,626) and 5% above the US median ($233,954). That ranks #33 of 83 Michigan counties by price.

Prices are holding steady (+1.5% in the last year) — a balanced market.

Homes here move at a steady pace — a median 50 days on the market, with 13% of listings cutting their asking price.

At 4.0× local income, that's pricier than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

🔗 Embed this on your site (free)

Copy-paste to show the live Cheboygan County price card anywhere — includes a link back to the full data:

Nearby counties

Emmet County, MI ($442,024) · Otsego County, MI ($259,127) · Montmorency County, MI ($184,178) · Antrim County, MI ($351,772) · Charlevoix County, MI ($412,090) · Presque Isle County, MI ($223,039)

Frequently asked questions

What is the average home price in Cheboygan County, MI?
The typical home in Cheboygan County is worth $245,644 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Cheboygan County rising or falling?
Prices are up +1.5% over the past year and n/a since 2000 — a balanced market.
Is Cheboygan County affordable?
At 4.0× the local median income of $61,488, Cheboygan County is pricier than the typical US county.
How fast do homes sell in Cheboygan County?
Homes here take a median of 50 days to sell, with 13% of listings cutting their asking price.
Median home value by year
YearMedian home value
2012$114,984
2013$120,732
2014$128,072
2015$130,299
2016$134,993
2017$138,147
2018$147,131
2019$151,118
2020$159,183
2021$176,570
2022$218,252
2023$219,720
2024$230,731
2025$241,538
2026$241,682