Home values, rents and more in the Petoskey metro area
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Petoskey metro in ProMap- Under $250k
- $250k–$260k
- $260k–$360k
- $360k–$430k
- $430k+
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How the Petoskey metro compares
The typical home in the Petoskey metro area is worth about $438,000, according to the Zillow Home Value Index for September 2026. Home values in the Petoskey metro are 1.7 times the typical value in Michigan ($264,000) and 20% above the U.S. typical value ($366,000).
Over the past year, home values in the Petoskey metro rose 8.5%, compared with +3.8% in Michigan and +1.2% nationally.
The median household income is $78,112, against $72,875 in Michigan and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 33,775 people live in the Petoskey metro (Census Bureau estimate for July 2025).
The Petoskey metro has the 120th-highest typical home value of the 923 metro areas in the United States and the highest of 33 in Michigan with Zillow figures.
Part of: Michigan
More for the Petoskey metro in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- School test scores
- Flood, wildfire and natural hazard risk
- Property-tax rate
- Unemployment and job growth
- Building permits
- Mortgage delinquency
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby metro areas
Counties in the Petoskey metro
Cities in the Petoskey metro
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.