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How competitive is the Petoskey housing market?
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
Petoskey is soft for sellers as of August 2026, with a Sold Score of 16/100 (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 +33.0% — more choices for buyers than a year ago.
**Median days on market** is 61. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 20.3% of active listings — above 25% signals sellers are widely overshooting list price.
— 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%