Real Estate Price Maphome prices by county

Schoolcraft County, MI home prices

Schoolcraft County, MI: the typical home is worth $197,564 as of 2026-05, up +10.3% over the past year and +80.9% since 2000. Listings run about $182/sq…

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

Schoolcraft County is accelerating and fairly valued — very affordable for what people here earn.

Momentum+10.3%Heating up
Valuation-6%Fair value
Affordability9/10Very affordable
Market26 daysSeller's market

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

1998: $92,528 → 2026: $197,564 (2.1×) pre-2000 estimated via FHFA index

Typical value$197,5642026-05
1-year+10.3%
5-year+32.0%
10-year+76.2%
Since 2000+80.9%
Population8,1782024
Median income$56,0192023 · 3.5× income
New homes/yr142024
Price / sq ft$182listings
Days on market262026-06
Active listings362026-06
Price cuts4%of listings

Market read

At $197,564, homes in Schoolcraft County sit 14% below the Michigan median ($228,626) and 16% below the US median ($233,954). That ranks #57 of 83 Michigan counties by price.

Prices are climbing fast (+10.3% in the last year) — a seller's market.

Homes here sell fast — a median 26 days on the market, with 4% of listings cutting their asking price.

At 3.5× local income, that's more affordable 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 →

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Nearby counties

Delta County, MI ($201,999) · Alger County, MI ($221,628) · Charlevoix County, MI ($412,090) · Mackinac County, MI ($229,236) · Luce County, MI ($135,888) · Leelanau County, MI ($650,239)

Frequently asked questions

What is the average home price in Schoolcraft County, MI?
The typical home in Schoolcraft County is worth $197,564 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Schoolcraft County rising or falling?
Prices are up +10.3% over the past year and +80.9% since 2000 — a seller's market.
Is Schoolcraft County affordable?
At 3.5× the local median income of $56,019, Schoolcraft County is more affordable than the typical US county.
How fast do homes sell in Schoolcraft County?
Homes here take a median of 26 days to sell, with 4% of listings cutting their asking price.
Median home value by year
YearMedian home value
2000$109,239
2001$111,878
2002$108,726
2003$112,380
2004$119,775
2005$125,203
2006$128,810
2007$127,393
2008$121,130
2009$112,276
2010$105,228
2011$106,928
2012$105,997
2013$109,928
2014$118,846
2015$108,676
2016$110,435
2017$117,689
2018$114,096
2019$127,247
2020$122,327
2021$141,640
2022$170,086
2023$178,983
2024$173,450
2025$178,115
2026$187,559