Suttons Bay Real Estate
30 active listings · 19 sold in the past 12mo
$972,000
Median List Price
19
Sold (past 12mo)
93
Avg Days on Market
-15.7%
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(30)
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Under Contract
1/79
$3,200,000
10343 E Hilltop Road, Suttons Bay, MI 49682
4 bd4 ba96 ac
Single Family
For Sale
1/40
$2,620,000
737 S Stony Point Road, Suttons Bay, MI 49682
4 bd1 ba2.37 ac
Single Family
Under Contract
1/50
$1,950,000
1059 S Nanagosa, Suttons Bay, MI 49682
3 bd1 ba0.40 ac
Single Family
For Sale
1/65
$1,850,000
3784 S Lee Point Road, Suttons Bay, MI 49682
2 bd1 ba1.29 ac
Single Family
For Sale
1/76
$1,525,000
10041 E John Michael Drive, Suttons Bay, MI 49682
3 bd2 ba1.77 ac
Single Family
For Sale
1/41
$1,350,000
488 S Stony Point Road, Suttons Bay, MI 49682
2 bd1 ba0.18 ac
Single Family
For Sale
1/34
$1,300,000
1551 N Macksey Road, Suttons Bay, MI 49682
2 bd1 ba47 ac
Single Family
For Sale
1/69
$1,300,000
704 N Dockside Circle, Suttons Bay, MI 49682
4 bd3 ba
Single Family
For Sale
1/33
$1,200,000
2768 S Center Highway, Suttons Bay, MI 49682
2 bd1 ba37.50 ac
Single Family
For Sale
1/47
$1,195,000
766 N Waypoint Circle, Suttons Bay, MI 49682
3 bd2 ba
Single Family
For Sale
1/64
$1,100,000
470 S Donnybrook Road, Suttons Bay, MI 49682
3 bd2 ba6.59 ac
Single Family
For Sale
1/58
$1,100,000
9224 E Duck Lake Road, Suttons Bay, MI 49682
4 bd1 ba29.20 ac
Single Family
Under Contract
1/18
$1,050,000
764 N Waypoint Circle, Suttons Bay, MI 49682
3 bd2 ba
Single Family
For Sale
1/29
$995,000
6261 S Westwood Parkway, Suttons Bay, MI 49682
5 bd3 ba2.03 ac
Single Family
Under Contract
1/49
$995,000
750 N Waypoint Circle, Suttons Bay, MI 49682
3 bd2 ba
Single Family
For Sale
1/31
$949,000
800 N St Joseph Street, Suttons Bay, MI 49682
3 bd1 ba0.22 ac
Single Family
For Sale
1/83
$925,000
2567 N Evergreen Valley Drive, Suttons Bay, MI 49682
3 bd2 ba5.19 ac
Single Family
For Sale
1/55
$799,000
762 N Waypoint Circle, Suttons Bay, MI 49682
3 bd2 ba
Single Family
Under Contract
1/71
$785,000
9871 E Woodcrest Court, Suttons Bay, MI 49682
4 bd3 ba2.01 ac
Single Family
For Sale
1/48
$750,000
760 Waypoint Circle, Suttons Bay, MI 49682
3 bd2 ba
Single Family
For Sale
1/43
$750,000
758 Waypoint Circle, Suttons Bay, MI 49682
3 bd2 ba
Single Family
Under Contract
1/70
$735,000
1474 S Montmorency Lane, Suttons Bay, MI 49682
5 bd2 ba2 ac
Single Family
For Sale
1/18
$699,000
8350 E Horn Road, Lake Leelanau, MI 49653
3 bd1 ba4.92 ac
Single Family
For Sale
1/26
$675,000
2177 N Jacobson Road, Suttons Bay, MI 49682
3 bd2 ba1.02 ac
Single Family
Recently Sold(19)
Frequently Asked Questions about Suttons Bay
How many homes are for sale in Suttons Bay?
There are currently 30 active listings in Suttons Bay. The median asking price is $972,000.
What are home prices like in Suttons Bay?
Homes in Suttons Bay sell for a median of $972,000, drawn from 19 transactions over the past year.
What is the average days on market in Suttons Bay?
The average days on market in Suttons Bay is 93, based on 19 recent transactions.
Which school districts cover Suttons Bay?
Multiple school districts may serve Suttons Bay. 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 Suttons Bay real estate market?
Suttons Bay is currently a buyer's market, with 18.9 months of supply. That ratio comes from 30 active listings relative to 19 sales per year.
How are property taxes calculated in Suttons Bay?
Property taxes in Suttons Bay 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 does demographic data show about housing demand in Suttons Bay?
Based on Census Bureau ACS data, Suttons Bay shows a -15.7% Household Formation Gap. Despite household size decreasing from 2.08 to 1.81, the 26.6% population decline has reduced the overall number of households needing housing. This is a secondary demographic indicator, distinct from primary market measures.