Petoskey Real Estate

Nestled on the shores of Lake Michigan's Little Traverse Bay, the Petoskey Real Estate market has shown steady growth over the past several years, and more and more people are finding out just how exciting this city can be.

Real Estate Statistics

Average Price $451K
Lowest Price $55K
Highest Price $5.9M
Total Listings 182
Avg. Days On Market 55
Avg. Price/SQFT $268

Property Types (active listings)

Browse Petoskey Real Estate Listings

Click the links below to sort results by price range.
All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000

Check out this video for a look at the Petoskey community, or read on to learn more about Petoskey Homes for Sale

Brook Walsh signature

Petoskey Real Estate

Petoskey homes for sale span across the west side and east side of the city as well as the gorgeous downtown area. Within all these regions, smaller neighborhoods and districts display varied home styles as well. Also, buyers can expand their choices even more by considering the greater Petoskey area and its lovely family-centric subdivision; these neighborhoods are ideal for those who venture into the city for work or leisure but prefer a more spacious suburban lifestyle.

Petoskey's market is filled with high quality historic, mid-century, and contemporary properties with something to suit everyone's style. Those looking for low-maintenance living have a handy selection of condos, townhouses, and elegant apartment communities to choose from.

Regardless of the style of property, you settle on, exceptional quality, design expertise, and dedicated craftsmanship are evident in the vast majority of Petoskey's coveted homes. The classic suburban single-family residences offer a complete lifestyle with tailored lawns, leafy trees, bright interiors, and space to entertain inside and out. Ample yard space makes it easy for children to stay active or for families to host garden parties and barbecues.

Safe roads with little thru-traffic are a rarity in many cities, but easy to find in Petoskey real estate. Condos and row homes are also great choices for interested buyers, as their convenient on-site amenities, streamlined use of space, and luminous finishes make them top contenders for the best ease of living. With so many assorted real estate opportunities for the average buyer, you're sure to find an idyllic place to call home in no time

According to the Northern Michigan Multi-Listing Service, the average sales price for a home in Petoskey, Michigan is $270,920, with a low of $1,750 in 2007 and a high of $4,000,000 on Walloon Lake in 2018. The average sales price for a condominium in Petoskey, Michigan is $212,117, with a low of $35,000 in 2011 and a high of $3,475,000 on Walloon Lake in 2006.

Discover Petoskey Condos For Sale

In Petoskey, MI condos for sale are one of the most affordable options on the market. Both apartment-style and townhouse-style condos are available. Apartment-style condos can be the perfect housing solution for those who want to own their own home and stick to an affordable budget. Condos for sale in Petoskey begin at price of around $200,000 and can be as much as $900,000 depending on the property.

Petoskey offers a great selection of condominiums for sale.  Condominiums generally sell between $150,000-$500,000.  However, the following are our favorite Petoskey condominium communities:

Living in Petoskey, MI

Petoskey is big enough to deliver constant liveliness yet small enough to retain that signature Midwestern friendliness. You'll feel right at home. Here you can find a home that you'll truly feel comfortable in, no matter your buying criteria. The city's stunning neighborhoods are home to an expansive range of dreamy single-family homes, sleek downtown homes, lake houses, and many more beautiful options. Hip, historic, and full of appeal through every season, Petoskey is an enviable place to put down roots no matter your age or interests.

Petoskey can be thought of like a big small town in all the best ways; it's easy to make friends, form lifelong connections, and get comfortable with your surroundings. It's also easy to get around and is wonderfully safe. However, it also has all the perks of the city lifestyle; fresh, exciting events and activities are always happening, and even the chilly winters are festive.

Walking around the city, you can find everything from locally-owned artisan shops to luxury retailers. World-class cuisine can be found on almost every corner alongside eclectic furniture stores, and coffee houses. Highly rated breweries and wineries also dot the city map. Outdoorsy folks can enjoy the fresh air in the city's stunningly beautiful parks or its beloved ice skating spots in the winter.

Schools Near Petoskey, Michigan

The Petoskey public school system is one of the areas best and largest. It includes the following schools: 

  • Central Elementary School
  • Lincoln Elementary School
  • Ottawa Elementary School
  • Sheridan Elementary School
  • Montessori
  • Petoskey Middle School
  • Petoskey High School 

Petoskey Annual Events

Arts in the Park, Watershed Council 40th Anniversary Meeting & Gala, Festival on the Bay, Emmet Charlevoix County Fair, The Bay 2 Braman Bolt: "A Race to Preserve History"

Focused on Northern Michigan Investment Real Estate

Brook is focused on lifestyle real estate investment properties as most people want a vacation home to make lifelong memories that endure for their entire family, leave a profound legacy for generations, and they want a solid financial investment at the same time. 

While the area does have many good realtors, there aren’t many with the unique financial, vacation home investing, and technology marketing background. Brook uses his diverse skill set to help clients properly evaluate and determine whether a vacation home makes financial sense.

"I have significant experience buying and selling investment real estate and I'd like to help you find the perfect vacation home investment. Send me a message or give me a call at 231.459.3179 to learn more today."

Continue Your Northern Michigan Real Estate Search
Explore homes and real estate in the Northern Michigan communities below or contact Brook Walsh to help you with your search.