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Foreclosure Homes in Cheboygan, MI

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Cheboygan, MI Foreclosures

Current Market Conditions in in Cheboygan, MI As of May 2026?
Home values: +0.06% MoM; rent: +0.00% MoM.
How much do homes sell for in Cheboygan, MI?
The average home price is currently $261,392.
In Cheboygan, MI, how many homes are available?
There are currently 17 active home listings available in Cheboygan.
What’s the average rental cost in Cheboygan, MI?
The average rental price in Cheboygan is $1,361.
What is the most expensive home in Cheboygan?
The most expensive home sold in Cheboygan had a price of $10,056,951.
What is currently the cheapest priced home in Cheboygan, MI?
The cheapest home for sale in Cheboygan is priced at $5,299.

Living in Cheboygan, MI

Cheboygan is a Northern Michigan riverfront and lake-area market with access to boating, trails, state parks, and the Straits of Mackinac. As of 2026-05-14, the median home value is $185,078 and the median rent is $1,350.

Buyer vs Seller Market in Cheboygan, MI

Median home value: $185,078 as of 2026-05-14.

Median rent: $1,350 as of 2026-05-14.

Home values: +0.06% MoM, +3.65% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Cheboygan, MI

There are currently 10,090 real estate properties in Cheboygan, MI, with a median automated valuation model (AVM) price of $185,078.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cheboygan, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cheboygan, MI, is $261,392.00, with the most expensive house in Cheboygan, MI, topping out at $10,056,951.00 and the cheapest home in Cheboygan, MI, clocking in at $5,299.00. In other words, there’s something for every potential homebuyer or savvy investor in Cheboygan, MI!

Rent Prices In Cheboygan, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cheboygan, MI, is on a rollercoaster ride. The average rent price in Cheboygan, MI, is $1,361.00. Indeed, when looking to rent in Cheboygan, MI, you can expect to pay as little as $750.00 or as much as $2,240.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Cheboygan, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheboygan, MI Foreclosures


Market Trend for Cheboygan, MI

Total Listings Available: 17

Market Values:

Home Prices from $5,299 to $10,056,951

Average Sales Price: $261,392

Rental Values:

Rental from $750 to $2,240

Average Rent Value: $1,361 / month

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