45Alpha

Cheboygan County, MI Housing Market Brief

county · MI · as of May 2026

Balanced

What is Cheboygan County, MI’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+26.787
Inventory Health25%
-39.130
Affordability20%
49
Economic Strength20%
15
Rental Yield15%
49

Where is Cheboygan County, MI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Cheboygan County, MI is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Cheboygan County, MI housing market data

MetricValueYoY
Median Sale Price$310K▲ +55.8%
Median Days on Market58 days-43.7%
Months of Supply7.9▲ +79.6%
Homes for Sale110▲ +18.3%
Homes Sold14-33.3%
Median Price / Sq Ft$209▲ +48.8%
Sale-to-List Ratio99.8%▲ +6.2%

How has Cheboygan County, MI’s Alpha Score moved?

Now: 45
3-period trend
Median sale price · 12 mo

Markets like Cheboygan County, MI

Frequently asked questions

Is Cheboygan County, MI a buyer's or seller's market?

As of May 2026, Cheboygan County, MI is classified as a Balanced Market, based on its Alpha Score of 45 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Cheboygan County, MI?

The median sale price in Cheboygan County, MI is $310K, having risen 55.8% over the past year.

How affordable is Cheboygan County, MI?

Cheboygan County, MI scores 49 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Cheboygan County, MI's Alpha Score?

Cheboygan County, MI's strongest dimension is Price Momentum (87/100) and its weakest is Economic Strength (15/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Cheboygan County, MI? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.