Presque Isle, MI 49777 housing market
Data through Sep 2026 · Balanced market · leverage 63
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Buyer Leverage Score
63
Sep 2026
Months of Supply
6.4 months
Aug 2026
Days on Market
49 days
Sep 2026
Price Cut %
35%
Sep 2026
Sale-to-List Ratio
95.1%
Aug 2026
Expected Disaster Loss
$77
Dec 2025
What this means
- Supply. Listings are 60% below the 2017-19 norm and rising (+13% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is moderate (63/100; U.S.: 54): homes sell for about 4.9% below their final list price; 35% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $77 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Presque Isle County, MI
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Rogers City, MI 49779 | $183K | +11.4% | 5 |
| Onaway, MI 49765 | $197.1K | +11.3% | 85 |
| Posen, MI 49776 | $204.5K | +8.5% | 34 |
| Millersburg, MI 49759 | $221.3K | +10.3% | 38 |
| Hawks, MI 49743 | $219.8K | +12.1% | 42 |