Housing in Petoskey, Michigan
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Housing - Updated September, 2011
| Median Home Age | 45.6 | 35.1 |
| Median Home Cost | $160,300 | $175,100 |
| Home Appreciation | -3.03% | -3.15% |
| Homes Owned | 37.72% | 59.90% |
| Housing Vacant | 28.46% | 10.37% |
| Homes Rented | 33.82% | 29.73% |
| Property Tax Rate | $10.00 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 0.07% | 2.65% |
| $20,000 to $39,999 | 1.67% | 3.76% |
| $40,000 to $59,999 | 3.20% | 4.99% |
| $60,000 to $79,999 | 4.73% | 6.01% |
| $80,000 to $99,999 | 6.13% | 7.27% |
| $100,000 to $149,999 | 30.47% | 19.24% |
| $150,000 to $199,999 | 21.67% | 14.67% |
| $200,000 to $299,999 | 20.47% | 18.09% |
| $300,000 to $399,999 | 6.47% | 9.14% |
| $400,000 to $499,999 | 2.20% | 4.94% |
| $500,000 to $749,999 | 2.00% | 5.42% |
| $750,000 to $999,999 | 0.27% | 2.03% |
| $1,000,000 or more | 0.67% | 1.77% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 12.42% | 13.71% |
| 1995 to 1998 | 7.49% | 8.54% |
| 1990 to 1994 | 10.26% | 5.77% |
| 1980 to 1989 | 7.07% | 13.87% |
| 1970 to 1979 | 10.56% | 16.17% |
| 1960 to 1969 | 3.82% | 11.70% |
| 1950 to 1959 | 7.59% | 11.08% |
| 1940 to 1949 | 4.32% | 6.02% |
| 1939 or Earlier | 36.46% | 13.15% |
The median home value in Petoskey, MI, is $160,300. Home appreciation is -3.03% over the last year. The median age of Petoskey, MI, real estate is 46 years.
Petoskey, MI Apartments and Rentals
Renters make up 33.82% of the Petoskey, MI, population. 28.46% of houses and apartments in Petoskey, MI, are unoccupied (vacancy rate).
Petoskey Housing SperlingViews
re: Not a desirable place to live!!! - 3/6/2011: Oh no.... Bummer... We are moving to the area and never expected the restaurants to be closed for winter. However, that gives us an excuse to cruise on over to Boyne... (read more)re: Not a desirable place to live!!! - 3/6/2011: If you want sun move to Florida but they they have hard water and a high mineral content so Florida is out. As for the hospital it may be understaffed, most hospitals... (read more)Not a desirable place to live!!!: The summer months are "pretty", but thats' it! The housing is over-priced everywhere here all year, & alot of the restaurants,(and stores) close until the summer months!... (read more)Have an opinion about Petoskey? Leave a commentTo See All SperlingViews for Petoskey Click Here
