Local Market0 views · 1 answer
How competitive is the Petoskey housing market?
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
Petoskey is soft for sellers as of May 2026, with a Sold Score of 14/100 (Difficult Selling Environment).
**Pending ratio** is 0.05 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +32.0% — more choices for buyers than a year ago.
**Median days on market** is 71. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 15.0% of active listings — above 25% signals sellers are widely overshooting list price.
— 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%