Cheboygan County, MI Housing Market Brief
county · MI · as of August 2026
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.
Where is Cheboygan County, MI in its market cycle?
Cheboygan County, MI is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Cheboygan County, MI?
Our model forecasts Cheboygan County, MI’s home prices to decline about 8.8% over the next 12 months (medium confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Cheboygan County, MI housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $344K | ▼ -1.6% |
| Median Days on Market | 47 days | ▼ -6% |
| Months of Supply | 4.5 | ▼ -16.7% |
| Homes for Sale | 154 | ▲ +9.2% |
| Homes Sold | 36 | ▲ +33.3% |
| Median Price / Sq Ft | $159 | ▼ -1.9% |
How has Cheboygan County, MI’s Alpha Score moved?
Markets like Cheboygan County, MI
Frequently asked questions
Is Cheboygan County, MI a buyer's or seller's market?
As of August 2026, Cheboygan County, MI is classified as a Buyer's Market, based on its Alpha Score of 31 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 $344K, having fallen 1.6% over the past year.
How affordable is Cheboygan County, MI?
Cheboygan County, MI scores 20 out of 100 on affordability — relatively unaffordable 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 (57/100) and its weakest is Rental Yield (10/100). 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.