Boyne City Real Estate
12 active listings · 12 sold in the past 12mo
$779,450
Median List Price
12
Sold (past 12mo)
60
Avg Days on Market
+16.7%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(12)
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For Sale
1/6
$3,750,000
4783 Ellis Road, Boyne City, MI 49712
3 bd2 ba2,496 sqft0.50 ac
Single Family
Under Contract
1/60
$1,750,000
346 Bluewater Trail, Boyne City, MI 49712
4 bd1 ba1.50 ac
Single Family
For Sale
1/92
$1,650,000
1189 Ridgeline Drive, Boyne City, MI 49712
5 bd5 ba4,473 sqft3.20 ac
Single Family
Under Contract
1/59
$1,499,000
346 Bluewater Trail, Boyne City, MI 49712
4 bd1 ba1.50 ac
Single Family
For Sale
1/60
$1,090,000
848 State Street, Boyne City, MI 49712
4 bd2 ba3,306 sqft3.20 ac
Single Family
For Sale
1/37
$800,000
1115 Gobblers Knob Road, Boyne City, MI 49712
1 bd1 ba768 sqft6.50 ac
Single Family
Under Contract
1/51
$758,900
707 Lake Park Drive, Boyne City, MI 49712
3 bd2 ba0.20 ac
Single Family
For Sale
1/31
$449,000
580 S M-75, Boyne City, MI 49712
1 bd1 ba2.02 ac
Single Family
For Sale
1/38
$435,000
400 High, Boyne City, MI 49712
5 bd4 ba0.67 ac
Single Family
For Sale
1/59
$435,000
3012 Wildwood Harbor Road, Boyne City, MI 49712
3 bd3 ba2,454 sqft1.20 ac
Single Family
Under Contract
1/27
$420,000
1177 Anderson Road, Boyne City, MI 49712
3 bd1 ba1.40 ac
Single Family
Under Contract
1/33
$420,000
1177 Anderson Road, Boyne City, MI 49712
3 bd1 ba1.40 ac
Single Family
Recently Sold(12)
| Address | Sold Price | Date Sold |
|---|---|---|
| 526 N Lake Street, Boyne City, MI 49712 | $65,000 | Jun 3, 2026 |
| 908 Cabin Drive, Boyne City, MI 49712 | $780,000 | Mar 30, 2026 |
| 2611 Condo Loop, 545, Boyne City, MI 49713 | $525,000 | Mar 17, 2026 |
| 413 Groveland Street, Boyne City, MI 49712 | $260,000 | Feb 24, 2026 |
| 136 Lakeridge Trail, Boyne City, MI 49712 | $810,000 | Jan 20, 2026 |
| 635 N Advance Road, Boyne City, MI 49712 | $293,000 | Dec 18, 2025 |
| 2036 Kitzbuhel Drive, Boyne City, MI 49712 | $1,515,000 | Nov 5, 2025 |
| 667 Pine Point Trail, Boyne City, MI 49712 | $356,000 | Oct 16, 2025 |
| 3749 N M 75, Boyne City, MI 49712 | $2,820,000 | Sep 25, 2025 |
| 601 Pleasant Avenue, Boyne City, MI 49712 | $475,000 | Aug 12, 2025 |
| 988 RIDGELINE Drive, Boyne City, MI 49712 | $1,050,000 | Jun 22, 2025 |
| 500 Front Street 36, Boyne City, MI 49712 | $1,300,000 | Jun 12, 2025 |
Frequently Asked Questions about Boyne City
What is the current real estate inventory in Boyne City?
Boyne City currently has 12 homes listed for sale. The median asking price is $779,450.
What is the median home price in Boyne City?
The median sale price in Boyne City is $779,450, based on 12 closed sales over the past 12 months.
How fast do homes sell in Boyne City?
Homes in Boyne City sell in an average of 60 days, based on 12 sales over the past 12 months.
What school districts serve Boyne City?
Multiple school districts may serve Boyne City. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Boyne City a buyer's or seller's market?
Boyne City is currently a buyer's market, with 12.0 months of supply. That ratio comes from 12 active listings relative to 12 sales per year.
How much are property taxes in Boyne City?
Property taxes in Boyne City are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
Is housing demand growing in Boyne City?
Census demographic data shows a +16.7% Household Formation Gap in Boyne City. As average household size fell from 1.98 to 2.04, the estimated number of households grew by 268. Population grew 20.2% over the same period. HFG is a secondary market indicator reflecting household formation trends, distinct from primary indicators like comparative market analysis.