The Petoskey-Otsego housing market is somewhat competitive. The median sale price of a home in Petoskey-Otsego was $70K last month, up 52.2% since last year. The median sale price per square foot in Petoskey-Otsego is $36, up 40.4% since last year.
What is the housing market like in Petoskey-Otsego today?
In October 2025, Petoskey-Otsego home prices were up 52.2% compared to last year, selling for a median price of $70K. On average, homes in Petoskey-Otsego sell after 93 days on the market compared to 30 days last year. There were 9 homes sold in October this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$70,000
+52.2% YoY | Oct 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2025
Growth
% YoY
Petoskey-Otsego, MI
$70,000
+52.2%
United States
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How hot is the Petoskey-Otsego housing market?
Petoskey-Otsego is somewhat competitive. Homes sell in 74 days.
0
100
52
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 74 days.
Hot homes
can sell for about 3% above list price and go pending in around 33 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Petoskey-Otsego housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Petoskey-Otsego.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Petoskey-Otsego has a minor risk of flooding. 58 properties in Petoskey-Otsego are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Petoskey-Otsego. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Petoskey-Otsego has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Petoskey-Otsego is most at risk from severe storms. 1,672 properties in Petoskey-Otsego have some risk of being in a severe wind event within the next 30 years.