Local Market0 views · 1 answer
How competitive is the Petoskey housing market?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- Sold Score
- 17/100
- YoY Difficult Selling Environment
- Pending ratio
- 0.04
- YoY contracts vs active
- Inventory YoY
- +0.4%
- YoY active listings
- Median DOM
- 75
- YoY days on market
- Price cuts
- 23.5%
- YoY of active listings
Petoskey is soft for sellers as of September 2026, with a Sold Score of 17/100 (Difficult Selling Environment).
**Pending ratio** is 0.04 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +37.5% — more choices for buyers than a year ago.
**Median days on market** is 75. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 23.5% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (September 2026): Sold Score: 17/100 (Difficult Selling Environment) · Pending ratio: 0.04 · Inventory YoY: +37.5% · Median days on market: 75 · Sellers cutting price: 23.5% · Median listing price: $671,975 (-9.1% YoY)
Petoskey snapshot
As of the latest 2026 data- Median listing
- $672K
- YoY -0.1%
- Active inventory
- 392
- YoY +0.4%
- Median DOM
- 75
- YoY +0.1%
- Pending ratio
- 0.04
- YoY -0.0%
- Price-reduced
- 20.2%
- YoY +0.0%