Housing in Petoskey, Michigan
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| Median Home Age | 45.6 | 35.1 |
| Median Home Cost | $219,300 | $153,800 |
| Home Appreciation | 1.53% | 1.62% |
| Homes Owned | 39.92% | 57.69% |
| Housing Vacant | 24.44% | 11.38% |
| Homes Rented | 35.64% | 30.93% |
| Property Tax Rate | $10.00 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 0.30% | 2.72% |
| $20,000 to $39,999 | 2.96% | 4.03% |
| $40,000 to $59,999 | 6.67% | 5.58% |
| $60,000 to $79,999 | 10.61% | 7.09% |
| $80,000 to $99,999 | 17.44% | 8.80% |
| $100,000 to $149,999 | 31.54% | 21.26% |
| $150,000 to $199,999 | 15.62% | 14.87% |
| $200,000 to $299,999 | 10.16% | 16.82% |
| $300,000 to $399,999 | 2.73% | 7.83% |
| $400,000 to $499,999 | 0.91% | 4.04% |
| $500,000 to $749,999 | 0.45% | 4.05% |
| $750,000 to $999,999 | 0.68% | 1.26% |
| $1,000,000 or more | 0.00% | 1.64% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 12.42% | 13.71% |
| 1995 to 1998 | 17.75% | 14.31% |
| 1990 to 1994 | 17.75% | 14.31% |
| 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 $219,300. Home appreciation is 1.53% over the last year. The median age of Petoskey, MI, real estate is 46 years.
Petoskey, MI Apartments and Rentals
Renters make up 35.64% of the Petoskey, MI, population. 24.44% 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
