Emmet County, MI Average Home Price (2026)
The average home price in Emmet County, Michigan is about $315,000 (the 2026 median across 8 ZIP codes, at ~$292/sq ft) — 29% more expensive than the Michigan median and 9% more expensive than the typical U.S. home.
How Emmet County compares
Emmet County is about average for housing nationally: its typical home costs $315,000 against $244,000 for Michigan and $289,000 for the U.S. Within the county, ZIP-level values run from about $239,000 to $576,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Emmet County | $315,000 | $292 |
| Michigan | $244,000 | $187 |
| United States | $289,000 | $193 |
Emmet County home prices by ZIP code
The 8 most valuable ZIP codes in Emmet County (of 8 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 49740 Harbor Springs | $576,000 | $325 | +83% |
| 49770 Petoskey | $467,000 | $439 | +48% |
| 49716 Brutus | $449,000 | $264 | +43% |
| 49701 Mackinaw City | $326,000 | $305 | +3% |
| 49706 Alanson | $304,000 | $286 | -3% |
| 49755 Levering | $265,000 | $242 | -16% |
| 49718 Carp Lake | $254,000 | $298 | -19% |
| 49769 Pellston | $239,000 | $192 | -24% |
Home value appreciation in Emmet County
Home prices in Emmet County have risen about 134% over the last 10 years (≈8.9% a year) and +98.7% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +3.9% — still rising. A home worth $315,000 today was worth roughly $134,673 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Michigan is +96.7% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Emmet County
Run the numbers for Emmet County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Emmet County
To buy the typical $315,000 home in Emmet County with 20% down, you need a household income of roughly $86,000 a year (about $2,000 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $102,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $15,800 | $2,490/mo | $107,000/yr |
| 10% (+PMI) | $31,500 | $2,380/mo | $102,000/yr |
| 20% | $63,000 | $2,000/mo | $86,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Emmet County
At about $292 per square foot, here is roughly how much home different budgets get you in Emmet County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 510 sq ft | below the local median — condos, smaller or older homes |
| $200k | 680 sq ft | below the local median — condos, smaller or older homes |
| $250k | 860 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1030 sq ft | around the typical home here |
| $400k | 1370 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Michigan.
Estimate a specific home in Emmet County
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Emmet County home prices: frequently asked
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Browse all Michigan cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.