Cheboygan Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median price of homes currently listed in Cheboygan is $129,900 while the median price of homes that sold is $50,000. The median rent price in Cheboygan is $464, which is the same as the Cheboygan County median of $464.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Cheboygan is 1.9%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Cheboygan homeowners underwater on their mortgage is 5.4%, which is lower than Cheboygan County at 5.5%.

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Relative ZHVI
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Cheboygan Market Overview

Data through Jul 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $129,900 Median listing price
  • No recent data Median sale price
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Cheboygan Market Health

Data through Jul 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 5.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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US Metro Areas

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Los Angeles Metro $529,200 New York Metro $374,700 Washington Metro $359,900
Miami-Fort Lauderdale Metro $201,300 Philadelphia Metro $199,200 Chicago Metro $185,800
Houston Metro $150,700 Atlanta Metro $148,100 Dallas-Fort Worth Metro $147,100

Listings & Sales

Data through Jul 31, 2014
  • $94 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 32.4% Listings with price cut
5.9%
Sold below listing
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Cheboygan Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$943 Cheboygan
$951 Cheboygan County
$1,318 United States
  • No data Breakeven horizon
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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