Petoskey Real Estate Market Conditions

  • Median sales price

    $217,000
    11.44% change since last quarter
  • # Active listings

    18
    30-day change

Petoskey Schools and Demographics

Education near Petoskey, MI

City County
High School Graduates 95.29 94.03
College Degree - 2 year 10.06 10.23
College Degree - 4 year 40.14 32.86
Graduate Degree 13.04 8.75
Expenditures per Student 10,645 12,066
Students per Teacher 19.5 16.8

Elementary Schools near Petoskey, MI

Grades Students P/T Ratio ZIP
Blackbird Elementary School PK - 02 157 13.5 49740
Boyne City Elementary School KG - 04 482 18.2 49712
Central Elementary School PK - 05 269 18 49770
Lincoln School KG - 05 268 17.1 49770
Ottawa Elementary School KG - 05 339 17.2 49770
Petoskey Montessori Elementary School PK - 05 34 29.6 49770
Shay Elementary School 03 - 05 168 16.6 49740
Sheridan School KG - 05 280 18.1 49770

Middle Schools near Petoskey, MI

Grades Students P/T Ratio ZIP
Boyne City Middle School 05 - 08 401 18.8 49712
Harbor Springs Middle School 06 - 08 209 16.9 49740
Petoskey Middle School 06 - 08 683 19.5 49770

High Schools near Petoskey, MI

Grades Students P/T Ratio ZIP
Boyne City High School 08 - 12 391 16.9 49712
Harbor Springs High School 09 - 12 286 15.5 49740
Petoskey High School 09 - 12 986 20.4 49770

Ungraded Schools near Petoskey, MI

Grades Students P/T Ratio ZIP
* Char-EM Alternative Programs 09 - 12 37 11.1 49712
* Morgan-Shaw School 09 - 12 30 25.6 49712
Alanson Public School PK - 12 256 13.8 49706
Boyne Falls Public School KG - 12 151 9.5 49713
Concord Academy - Boyne KG - 12 180 9.9 49712
Concord Academy - Petoskey KG - 12 211 13.6 49770

Demographics near Petoskey, MI

City County
Neighborhood Type Small Town
Population 5,696 32,978
Population Density 1,110 71
Median Age 44.7 45
People per Household 1.8 2.2
Median Household Income 37,639 51,475
Average Income per Capita 33,618 31,356

Petoskey Real Estate

The median home value in Petoskey, MI is $217,000. This is higher than the county median home value of $167,400. The national median home value is $219,700. The average price of homes sold in Petoskey, MI is $217,000. Approximately 43.18% of Petoskey homes are owned, compared to 35.17% rented, while 21.65% are vacant. Petoskey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Petoskey real estate agent to arrange a tour today!

Petoskey, Michigan has a population of 5,696. Petoskey is less family-centric than the surrounding county with 21.41% of the households containing married families with children. The county average for households married with children is 25.34%.

The median household income in Petoskey, Michigan is $37,639. The median household income for the surrounding county is $51,475 compared to the national median of $57,652. The median age of people living in Petoskey is 44.7 years.

Petoskey Weather

The average high temperature in July is 77.4 degrees, with an average low temperature in January of 10 degrees. The average rainfall is approximately 31.6 inches per year, with 102.5 inches of snow per year.