MyMarketPulse (mymarketpulse.com) recently disclosed its May 2024 findings on the housing market conditions in Cheboygan County, Michigan.
May 2024’s data reveals a Median Sale Price of $320,000 for homes in Cheboygan County. This figure represents a growth of 7.0% month-over-month and a 36.2% year-over-year increase.
The area witnessed the sale of 26 homes during this period, which is a 3.7% decrease from the preceding month and an increase of 4.0% compared to the same timeframe last year.
The Median Days on Market for homes in Cheboygan County stood at 50 days, which is a decrease of 22 days days over the previous month and up by 9 days day from the previous year.
With a Market Pulse Score of 109, the analysis suggests a rising trend in Cheboygan County’s housing market momentum.
For more information about the Cheboygan County, Michigan market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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