Mackinaw City Real Estate
8 active listings · 4 sold in the past 12mo
$474,000
Median List Price
4
Sold (past 12mo)
52
Avg Days on Market
-11.1%
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(8)
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For Sale
1/71
$1,900,000
812 Lakeside Drive, & 811 Lakeside Drive, Mackinaw City, MI 49701
6 bd3 ba0.50 ac
Single Family

For Sale
1/42
$550,000
416 Lakeside Drive, Mackinaw City, MI 49701
3 bd1 ba0.23 ac
Single Family

For Sale
1/35
$499,000
1264 Wenniway Drive, Mackinaw City, MI 49701
1 bd1 ba800 sqft0.44 ac
Single Family

For Sale
1/45
$479,000
415 W Etherington Street, Mackinaw City, MI 49701
4 bd3 ba0.44 ac
Single Family

For Sale
1/28
$469,000
451 Cadillac Street, Mackinaw City, MI 49701
2 bd2 ba
Single Family

For Sale
1/51
$380,000
20546 Northern Lights Lane, Unit 14, Mackinaw City, MI 49701
2 bd2 ba
Single Family

For Sale
1/40
$349,900
20641 Northern Lights Lane, Unit 60, Mackinaw City, MI 49701
3 bd2 ba
Single Family

For Sale
1/17
$241,000
725 & 723 W Central Avenue, Mackinaw City, MI 49701
2 bd1 ba0.71 ac
Single Family
Recently Sold(4)
| Address | Sold Price | Date Sold |
|---|---|---|
| 208 E Jamet Street, Mackinaw City, MI 49701 | $289,000 | May 31, 2026 |
| 404 W Etherington Street, Mackinaw City, MI 49701 | $152,000 | Jan 29, 2026 |
| 20626 Northern Lights Lane, Mackinaw City, MI 49701 | $354,000 | Sep 10, 2025 |
| 20568 Northern Lights Lane 17, Mackinaw City, MI 49701 | $375,000 | Jul 15, 2025 |
Frequently Asked Questions about Mackinaw City
How many homes are for sale in Mackinaw City?
Buyers in Mackinaw City can choose from 8 active listings. The median asking price is $474,000.
What are home prices like in Mackinaw City?
The median sale price in Mackinaw City is $474,000, based on 4 closed sales over the past 12 months.
What is the average days on market in Mackinaw City?
Homes in Mackinaw City sell in an average of 52 days, based on 4 sales over the past 12 months.
Which school districts cover Mackinaw City?
Multiple school districts may serve Mackinaw 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.
How competitive is the Mackinaw City real estate market?
Mackinaw City is currently a buyer's market, with 24.0 months of supply. That ratio comes from 8 active listings relative to 4 sales per year.
How are property taxes calculated in Mackinaw City?
Property taxes in Mackinaw 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.
What is the Household Formation Gap in Mackinaw City?
Based on Census Bureau ACS data, Mackinaw City shows a -11.1% Household Formation Gap. Despite household size decreasing from 2.17 to 2, the 18.1% population decline has reduced the overall number of households needing housing. This is a secondary demographic indicator, distinct from primary market measures.