Local Market0 views · 1 answer
Are buyers active in Petoskey?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 14/100
- YoY Difficult Selling Environment
- Pending ratio
- 0.05
- YoY contracts vs active
- Inventory YoY
- +0.3%
- YoY active listings
- Median DOM
- 71
- YoY days on market
- Price cuts
- 15.0%
- YoY of active listings
Buyer demand in Petoskey is **cautious** as of May 2026. The pending ratio is 0.05 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 71 days to go under contract. Active inventory is +32.0% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 15.0% of listings have cut price. Overall, the Primpted Sold Score for Petoskey is 14/100 (Difficult Selling Environment).
— Live indicators (May 2026): Sold Score: 14/100 (Difficult Selling Environment) · Pending ratio: 0.05 · Inventory YoY: +32.0% · Median days on market: 71 · Sellers cutting price: 15.0% · Median listing price: $838,125 (+6.0% YoY)
Petoskey snapshot
As of the latest 2026 data- Median listing
- $838K
- YoY +0.1%
- Active inventory
- 343
- YoY +0.3%
- Median DOM
- 41
- YoY +0.1%
- Pending ratio
- 0.04
- YoY -0.0%
- Price-reduced
- 13.9%
- YoY -0.0%