Petoskey Real Estate
33 active listings · 25 sold in the past 12mo
$3,195,000
Median List Price
25
Sold (past 12mo)
110
Avg Days on Market
-7.4%
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(33)
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For Sale
1/33
$3,695,000
3575 Charlevoix Avenue, 31, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/12
$3,595,000
3575 Charlevoix Avenue, 25, Petoskey, MI 49770
6 bd8 ba5,586 sqft
Condo
For Sale
1/33
$3,595,000
3575 Charlevoix Avenue, 28, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/33
$3,495,000
3575 Charlevoix Avenue, 16, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/32
$3,495,000
3575 Charlevoix Avenue, 22, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/33
$3,495,000
3575 Charlevoix Avenue, 19, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/33
$3,495,000
3575 Charlevoix Avenue, 26, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/33
$3,495,000
3575 Charlevoix Avenue, 29, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/33
$3,395,000
3575 Charlevoix Avenue, 30, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/33
$3,395,000
3575 Charlevoix Avenue, 27, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/33
$3,295,000
3575 Charlevoix Avenue, 20, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/33
$3,295,000
3575 Charlevoix Avenue, 17, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/33
$3,295,000
3575 Charlevoix Avenue, 14, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/33
$3,295,000
3575 Charlevoix Avenue, 23, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/33
$3,195,000
3575 Charlevoix Avenue, 24, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/31
$3,195,000
3575 Charlevoix Avenue, 18, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/33
$3,195,000
3575 Charlevoix Avenue, 21, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/33
$3,195,000
3575 Charlevoix Avenue, 15, Petoskey, MI 49770
6 bd8 ba6,306 sqft
Condo
For Sale
1/21
$2,995,000
3575 Charlevoix Avenue, 5, Petoskey, MI 49770
3 bd4 ba5,078 sqft
Condo
For Sale
1/29
$2,945,000
3575 Charlevoix Avenue, 4, Petoskey, MI 49770
3 bd4 ba5,078 sqft
Condo
For Sale
1/29
$2,895,000
3575 Charlevoix Avenue, 8, Petoskey, MI 49770
3 bd4 ba5,078 sqft
Condo
For Sale
1/29
$2,895,000
3575 Charlevoix Avenue, 6, Petoskey, MI 49770
3 bd4 ba5,078 sqft
Condo
For Sale
1/29
$2,895,000
3575 Charlevoix Avenue, 11, Petoskey, MI 49770
3 bd4 ba5,078 sqft
Condo
For Sale
1/29
$2,895,000
3575 Charlevoix Avenue, 3, Petoskey, MI 49770
3 bd4 ba5,078 sqft
Condo
Recently Sold(25)
Frequently Asked Questions about Petoskey
What is the current real estate inventory in Petoskey?
There are currently 33 active listings in Petoskey. The median asking price is $3,195,000.
What are home prices like in Petoskey?
Based on 25 sales in the past year, homes in Petoskey have a median price of $3,195,000.
What is the average days on market in Petoskey?
Over the past year, homes in Petoskey spent an average of 110 days on market before selling.
Which school districts cover Petoskey?
Petoskey 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 Petoskey may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Petoskey real estate market?
With 15.8 months of inventory, Petoskey is currently a buyer's market. This is based on 33 active listings and 25 sales in the past 12 months.
What are property taxes like in Petoskey?
Michigan property taxes in Petoskey 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 Petoskey?
Per U.S. Census ACS data, Petoskey has a -7.4% Household Formation Gap over the past 15 years, indicating softening demographic demand. Population declined 3.4%, outpacing the effect of shrinking household sizes (2.08 to 2.17). HFG is a secondary market indicator — local conditions and other factors also influence housing demand.