The median home in Petoskey, Michigan is valued at $455,378, up 4.3% year over year.
Home Value$455,378
+4.3%
AFFORDABILITY6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Petoskey.
$91,076 on $455,378
Out of reach — 48.3% of income
Need $129,429/yr to afford.
PITI$3,020
P/I48.3%
Afford$264K
Gap-$192K
P&I $2,303Tax $584Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Michigan
Compare Petoskey with other housing markets across Michigan.