Local Market0 views · 1 answer
Are buyers active in Petoskey?
P
Primpted Housing Analyst
Updated monthly · Data through August 2026 · v268
- Sold Score
- 16/100
- YoY Difficult Selling Environment
- Pending ratio
- 0.05
- YoY contracts vs active
- Inventory YoY
- +0.3%
- YoY active listings
- Median DOM
- 61
- YoY days on market
- Price cuts
- 20.3%
- YoY of active listings
Buyer demand in Petoskey is **cautious** as of August 2026. The pending ratio is 0.05 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 61 days to go under contract. Active inventory is +33.0% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 20.3% of listings have cut price. Overall, the Primpted Sold Score for Petoskey is 16/100 (Difficult Selling Environment).
— Live indicators (August 2026): Sold Score: 16/100 (Difficult Selling Environment) · Pending ratio: 0.05 · Inventory YoY: +33.0% · Median days on market: 61 · Sellers cutting price: 20.3% · Median listing price: $699,450 (+0.1% YoY)
Petoskey snapshot
As of the latest 2026 data- Median listing
- $699K
- YoY +0.0%
- Active inventory
- 395
- YoY +0.3%
- Median DOM
- 61
- YoY +0.2%
- Pending ratio
- 0.05
- YoY +0.0%
- Price-reduced
- 15.7%
- YoY -0.0%