The median home value in Petoskey, MI is $447,000. This is higher than the county median home value of $332,700. The national median home value is $338,100. The average price of homes sold in Petoskey, MI is $447,000. Approximately 46.68% of Petoskey homes are owned, compared to 32.11% rented, while 21.21% 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 5,856. Petoskey is more family-centric than the surrounding county with 29.66% of the households containing married families with children. The county average for households married with children is 27.27%.
The median household income in Petoskey, Michigan is $60,054. The median household income for the surrounding county is $63,488 compared to the national median of $69,021. The median age of people living in Petoskey is 41.9 years.
The average high temperature in July is 77.8 degrees, with an average low temperature in January of 13.6 degrees. The average rainfall is approximately 32.9 inches per year, with 111.4 inches of snow per year.