Mancelona Real Estate
73 active listings · 77 sold in the past 12mo
$262,500
Median List Price
77
Sold (past 12mo)
82
Avg Days on Market
+19.4%
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(73)
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For Sale
1/65
$1,100,000
8768 Sunset Trail NE, Mancelona, MI 49659
3 bd3 ba3 ac
Single Family
For Sale
1/54
$1,100,000
8768 Sunset Trail NE, Mancelona, MI 49659
3 bd3 ba3,807 sqft2.92 ac
Single Family
For Sale
1/40
$650,000
5391 Scholl Road, Mancelona, MI 49659
4 bd3 ba20 ac
Single Family
For Sale
1/38
$650,000
5391 Scholl Road, Mancelona, MI 49659
4 bd2 ba20 ac
Single Family
For Sale
1/60
$629,900
7093 Little Twin Lake Road NE, Mancelona, MI 49659
3 bd2 ba0.60 ac
Single Family
Under Contract
1/36
$560,000
9568 North Ridge Drive, Mancelona, MI 49659
3 bd2 ba2,400 sqft1 ac
Single Family
For Sale
1/61
$550,000
10172 NE Carmichael Drive, Mancelona, MI 49659
4 bd1 ba1 ac
Single Family
For Sale
1/43
$549,900
8804 Sunset Trail Road NE, Mancelona, MI 49659
3 bd2 ba1,318 sqft2.98 ac
Single Family
For Sale
1/23
$544,400
9269 Gedman Road, Mancelona, MI 49659
2 bd1 ba1.12 ac
Single Family
For Sale
1/25
$544,400
9269 Gedman Road, Mancelona, MI 49659
2 bd1 ba1.12 ac
Single Family
For Sale
1/46
$525,635
5635 Mystic Drive, Mancelona, MI 49659
2 bd1 ba6.99 ac
Single Family
For Sale
1/41
$460,000
6075 Cedar River Road, Mancelona, MI 49659
4 bd1 ba1.92 ac
Single Family
For Sale
1/60
$450,000
9500 Wilamont Circle, Mancelona, MI 49659
3 bd2 ba960 sqft0.62 ac
Single Family
For Sale
1/31
$450,000
6826 Little Twin Lake Road NE, Mancelona, MI 49659
3 bd2 ba0.50 ac
Single Family
For Sale
1/25
$419,900
11159 Mancelona Road, Mancelona, MI 49659
4 bd2 ba1.20 ac
Single Family
For Sale
1/33
$399,000
6765 Birch NE Drive, Mancelona, MI 49646
5 bd2 ba0.02 ac
Single Family
For Sale
1/33
$395,000
5568 S Us-131, Mancelona, MI 49659
4 bd1 ba8 ac
Single Family
For Sale
1/37
$389,900
6360 Little Twin Lake Road NE, Mancelona, MI 49659
3 bd2 ba1,372 sqft1.23 ac
Single Family
Under Contract
1/27
$375,000
3590 Cedar River Road, Mancelona, MI 49659
2 bd1 ba1,096 sqft80 ac
Single Family
For Sale
1/68
$369,900
6192 Wilderness Drive, Mancelona, MI 49659
3 bd2 ba0.41 ac
Single Family
For Sale
1/28
$360,000
8414 NE Besaw Road, Mancelona, MI 49659
2 bd1 ba30.39 ac
Mfg Home
For Sale
1/39
$350,000
568 NE Plum Valley Road, Mancelona, MI 49659
3 bd2 ba2.43 ac
Single Family
Under Contract
1/40
$349,000
1217 Tremblay Road, Mancelona, MI 49659
3 bd2 ba10 ac
Mfg Home
Under Contract
1/27
$349,000
603 Jefferson Street, Mancelona, MI 49659
3 bd1 ba1.07 ac
Single Family
Recently Sold(77)
Frequently Asked Questions about Mancelona
What is the current real estate inventory in Mancelona?
There are currently 73 active listings in Mancelona. The median asking price is $262,500.
What are home prices like in Mancelona?
Based on 77 sales in the past year, homes in Mancelona have a median price of $262,500.
What is the average days on market in Mancelona?
Over the past year, homes in Mancelona spent an average of 82 days on market before selling.
Which school districts cover Mancelona?
Mancelona is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Mancelona may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Mancelona real estate market?
With 11.4 months of inventory, Mancelona is currently a buyer's market. This is based on 73 active listings and 77 sales in the past 12 months.
What are property taxes like in Mancelona?
Michigan property taxes in Mancelona are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
Is housing demand growing in Mancelona?
Census demographic data shows a +19.4% Household Formation Gap in Mancelona. As average household size fell from 2.72 to 2.29, the estimated number of households grew by 106. Population grew 0.5% over the same period. HFG is a secondary market indicator reflecting household formation trends, distinct from primary indicators like comparative market analysis.