What the Pros Know

26,048

Population

0.3% YoY

2023

51.1

Median Age

1.2% YoY

2022

$59,557

Median Household Income

11.4% YoY

2022

11,707

Labor Force

3.7% MoM

2.3% YoY

7/2024

11,060

Employed

3.3% MoM

1.5% YoY

7/2024

5.5%

Unemployment Rate

5.8% MoM

14.6% YoY

7/2024

$312,500

Median Sale Price

35.9% MoM

21.6% YoY

8/2024

26

Homes Sold

23.8% MoM

36.6% YoY

8/2024

4.3

Months Inventory

10.3% MoM

90.3% YoY

8/2024

48

Days on Market

7 MoM

5 YoY

8/2024

111

Listings

6.7% MoM

27.6% YoY

8/2024

98.3%

Sale Price to List Price

2.3% MoM

0.0% YoY

8/2024

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Cities included in Cheboygan County: Cheboygan, Indian River, Wolverine, Tower


Zip Codes included in Cheboygan County: [Click for zip code level data] 49705, 49717, 49721, 49749, 49791, 49799


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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