House Prices

House Prices & Home Values Mancelona, MI 2026


Average Data

average house price$161,140
average size per house1572 ft²
average price per ft²103 $ / ft²

04/21/2026 - The value range (VR) for house prices in Mancelona, MI is $120/ sqft to $120/ sqft. An average home with 1572 sqft costs approximately $188,640 to $188,640. Mancelona, MI includes 1 ZIP codes and it is located in Antrim county. The lowest prices are found in ZIP 49659, while the highest are in ZIP 49659. The average price per sqare feet is $103. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Mancelona

49659125 $ / ft²




Historical development of home values in Mancelona

Year Estimated value (USD) Change vs. 2025
2010 $74,836 -53.6%
2011 $71,942 -55.4%
2012 $71,749 -55.5%
2013 $74,430 -53.8%
2014 $78,131 -51.5%
2015 $82,141 -49.0%
2016 $86,428 -46.4%
2017 $91,093 -43.5%
2018 $96,129 -40.3%
2019 $100,587 -37.6%
2020 $105,786 -34.4%
2021 $120,321 -25.3%
2022 $140,267 -13.0%
2023 $147,918 -8.2%
2024 $156,475 -2.9%
2025 $161,140 0.0%

Graph: estimated home values in Mancelona over time (USD)



Example: 100% financing house in Mancelona

Loan amount: $161,140

Interest rate: 6.00%

Fixed monthly payment: $966.12

Breakdown in the 1st month:
Interest portion: $805.70  –  Principal portion: $160.42

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,614.57 $1,978.82 $159,161.18
2 $9,492.52 $2,100.87 $157,060.31
3 $9,362.94 $2,230.44 $154,829.87
4 $9,225.38 $2,368.01 $152,461.86
5 $9,079.32 $2,514.07 $149,947.79
6 $8,924.26 $2,669.13 $147,278.66
7 $8,759.63 $2,833.76 $144,444.91
8 $8,584.85 $3,008.53 $141,436.37
9 $8,399.29 $3,194.09 $138,242.28
10 $8,202.29 $3,391.10 $134,851.18
11 $7,993.13 $3,600.26 $131,250.92
12 $7,771.08 $3,822.31 $127,428.61
13 $7,535.33 $4,058.06 $123,370.55
14 $7,285.03 $4,308.36 $119,062.19
15 $7,019.30 $4,574.09 $114,488.11
16 $6,737.18 $4,856.20 $109,631.90
17 $6,437.66 $5,155.72 $104,476.18
18 $6,119.67 $5,473.72 $99,002.46
19 $5,782.06 $5,811.33 $93,191.13
20 $5,423.63 $6,169.76 $87,021.38
21 $5,043.10 $6,550.29 $80,471.09
22 $4,639.09 $6,954.30 $73,516.79
23 $4,210.16 $7,383.23 $66,133.56
24 $3,754.78 $7,838.61 $58,294.95
25 $3,271.31 $8,322.08 $49,972.88
26 $2,758.03 $8,835.36 $41,137.51
27 $2,213.08 $9,380.31 $31,757.21
28 $1,634.52 $9,958.87 $21,798.34
29 $1,020.28 $10,573.11 $11,225.23
30 $368.16 $11,225.23 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Mancelona, MI


1500 sqft3900 sqft
Ø selling price$186,946$397,684
Ø fast selling$169,950$357,915
Ø high price sale$203,941$437,452

In 2026, houses in Mancelona, MI will be offered at an average price of $103 per square foot. A 1,500 sqft home priced at $186,946 is 23.94% more expensive per square foot than a 3,900 sqft home priced at $397,684. Home prices in Mancelona, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $275,319. Sellers who can wait longer may achieve a higher price of up to $336,501.


Mancelona, MI Travel and Living Guide

Overview

Mancelona, MI is a friendly village in Antrim County, Northern Michigan, known for small-town charm and year-round outdoor recreation.
Located along US-131, the community offers easy access to Traverse City, Gaylord, and nearby lakes and forests.

Outdoor Adventure

Outdoor enthusiasts visit Mancelona, Michigan for skiing and snowboarding at Shanty Creek Resorts and cross-country trails that wind through rolling hills. In warmer months, residents and visitors enjoy fishing, kayaking, and swimming on Torch Lake and the Jordan River, plus hiking and biking on scenic pathways.

History and Culture

The village grew from 19th-century ironworks and logging roots, and today celebrates local heritage with events like the famous Mancelona Buck Pole. Downtown features family-owned shops, cozy diners, and friendly pubs that showcase Northern Michigan flavors and live music.

Living and Real Estate

Homebuyers find a range of properties from in-town houses to wooded acreage and cabins, with prices that appeal to first-time buyers and vacation-home seekers. Families appreciate community-focused schools, youth sports, and parks that make everyday life convenient and connected.

Travel and Seasons

Winter brings deep lake-effect snow perfect for snowmobiling and fat-tire biking, while fall color drives along M-88 deliver brilliant views. Whether you are planning a weekend getaway or considering a move, Mancelona, MI offers an inviting base to explore Northern Michigan?s lakes, trails, and charming towns.



FAQ – Home Values in Mancelona

What is the median home value in Mancelona in 2026?

In 2026, the typical home value in Mancelona is about $161,140 for an average home size of 1572 square feet. This corresponds to an average price of roughly $103 per square foot.

What is the average cost per square foot in Mancelona?

In 2026, homes in Mancelona sell for an average of around $103 per square foot, with a typical range between $120 and $120 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Mancelona is about 1572 square feet, with an estimated 2026 value around $161,140.



Locations close to Mancelona, MI

Manistee, MI102 $ / ft²
Manton, MI103 $ / ft²
Maple City, MI199 $ / ft²
Mc Bain, MI74 $ / ft²
Luther, MI100 $ / ft²
Leroy, MI100 $ / ft²




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