Cheboygan (49721) has an estimated 14,436 residents with 14,084 of those people in approximately 6,115 housing units. The 49721 zipcode contains 2,905 housing units that are owned with a mortgage or a loan, 1,917 housing units that are owned free and clear and 1,293 housing units that are renter occupied.

In Cheboygan (49721) the median listing price of $106,500 has declined by $14,450 since 2018-10.

In 2018 the average percentage drop was 5.59% of original listing price.

The median estimated home value in Cheboygan, MI (49721) is $98,700 as of 2018-10-31 . Home values here have declined by 1.96%.

In Cheboygan, MI (49721), values have declined by -0.27 from when they peaked at $135,800 in 2004-Q3

The Zillow Market Health Index for Cheboygan, MI (49721) is 5.53. The corresponding state value is 6.27. This is lower than the overall Market Health Index of Michigan.