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Home values, rents and more in ZIP code 49770 (Petoskey, MI)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$467,000
Metro: $438,000 · U.S.: $366,000
Home values, past year
+6.0%
Metro: +8.5% · U.S.: +1.2%
Population
18,221
ACS 2020–24
Median household income
$79,590
Metro: $78,112 · U.S.: $80,734
ZIP codes around 49770, shaded by typical home value497704979949720497134974949795497124970649716
  • Under $250k
  • $250k–$320k
  • $320k–$350k
  • $350k–$450k
  • $450k+
  • No data
ZIP codes around 49770, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 49770 is outlined.

How 49770 compares

The typical home in ZIP code 49770 (Petoskey, MI) is worth about $467,000, according to the Zillow Home Value Index for September 2026. Home values in 49770 are 7% above the typical value in the Petoskey metro area ($438,000) and 28% above the U.S. typical value ($366,000).

Over the past year, home values in 49770 rose 6.0%, compared with +8.5% in the Petoskey metro area and +1.2% nationally.

The median household income is $79,590, against $78,112 in the Petoskey metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 18,221 people live in 49770 (American Community Survey 2020–24).

49770 has the 2nd-highest typical home value of the 8 ZIP codes in the Petoskey metro area and the 62nd-highest of 891 in Michigan with Zillow figures.

Part of: Petoskey, MI · Emmet County, MI · Petoskey metro area · Michigan

More for 49770 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 49770 and every other place.

  • 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
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

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.

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