The median home in Mancelona, Michigan is valued at $189,612, down 1.6% year over year. Mancelona is part of the Traverse City, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$189,612

-1.6%

Prices falling — better for buyers.

Affordability

Enter your income for Mancelona.

Income (annual)

Down Payment

$37,922 on $189,612

Example: $75,000 household income. Change it above to see your own.

Affordable21.4% of income

Under the 28% guideline.

PITI$1,335

P/I21.4%

Afford$249K

Room+$59K

P&I $959Tax $243Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Mancelona with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Traverse City, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Traverse City, MI metro.

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Mancelona, MI