House Prices

House Prices & Home Values Pellston, MI 2026


Average Data

average house price$245,700
average size per house2174 ft²
average price per ft²114 $ / ft²

04/17/2026 - The value range (VR) for house prices in Pellston, MI is $154/ sqft to $154/ sqft. An average home with 2174 sqft costs approximately $334,796 to $334,796. Pellston, MI includes 1 ZIP codes and it is located in Emmet county. The lowest prices are found in ZIP 49769, while the highest are in ZIP 49769. The average price per sqare feet is $114. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Pellston

49769163 $ / ft²




Historical development of home values in Pellston

Year Estimated value (USD) Change vs. 2025
2010 $114,108 -53.6%
2011 $109,695 -55.4%
2012 $109,400 -55.5%
2013 $113,489 -53.8%
2014 $119,132 -51.5%
2015 $125,246 -49.0%
2016 $131,782 -46.4%
2017 $138,895 -43.5%
2018 $146,574 -40.3%
2019 $153,370 -37.6%
2020 $161,299 -34.4%
2021 $183,460 -25.3%
2022 $213,873 -13.0%
2023 $225,539 -8.2%
2024 $238,587 -2.9%
2025 $245,700 0.0%

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



Example: 100% financing house in Pellston

Loan amount: $245,700

Interest rate: 6.00%

Fixed monthly payment: $1,473.10

Breakdown in the 1st month:
Interest portion: $1,228.50  –  Principal portion: $244.60

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,659.92 $3,017.22 $242,682.78
2 $14,473.83 $3,203.32 $239,479.45
3 $14,276.25 $3,400.89 $236,078.56
4 $14,066.49 $3,610.65 $232,467.91
5 $13,843.80 $3,833.35 $228,634.55
6 $13,607.36 $4,069.78 $224,564.77
7 $13,356.35 $4,320.80 $220,243.97
8 $13,089.85 $4,587.30 $215,656.67
9 $12,806.92 $4,870.23 $210,786.44
10 $12,506.53 $5,170.62 $205,615.83
11 $12,187.62 $5,489.53 $200,126.30
12 $11,849.04 $5,828.11 $194,298.19
13 $11,489.57 $6,187.58 $188,110.61
14 $11,107.94 $6,569.21 $181,541.40
15 $10,702.76 $6,974.39 $174,567.01
16 $10,272.60 $7,404.55 $167,162.46
17 $9,815.90 $7,861.25 $159,301.21
18 $9,331.03 $8,346.11 $150,955.10
19 $8,816.26 $8,860.88 $142,094.21
20 $8,269.74 $9,407.40 $132,686.81
21 $7,689.52 $9,987.63 $122,699.18
22 $7,073.50 $10,603.65 $112,095.53
23 $6,419.49 $11,257.66 $100,837.88
24 $5,725.14 $11,952.00 $88,885.87
25 $4,987.97 $12,689.18 $76,196.70
26 $4,205.33 $13,471.82 $62,724.88
27 $3,374.42 $14,302.73 $48,422.15
28 $2,492.26 $15,184.89 $33,237.26
29 $1,555.69 $16,121.46 $17,115.80
30 $561.35 $17,115.80 $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 Pellston, MI


1500 sqft3900 sqft
Ø selling price$206,911$440,155
Ø fast selling$188,101$396,139
Ø high price sale$225,721$484,170

In 2026, houses in Pellston, MI will be offered at an average price of $114 per square foot. A 1,500 sqft home priced at $206,911 is 24.20% more expensive per square foot than a 3,900 sqft home priced at $440,155. Home prices in Pellston, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $304,722. Sellers who can wait longer may achieve a higher price of up to $372,439.


Discover Pellston, MI

Pellston, Michigan is a small Northern Michigan village in Emmet County known for pristine forests and clear lakes.
Nicknamed for its frigid winters, Pellston MI sits in the snow belt yet shines year-round with four-season outdoor recreation.
Located along US-31, the community offers easy access to Mackinaw City, Petoskey, and Harbor Springs.

Things to Do in Pellston

Visitors explore nearby Douglas Lake and the surrounding forests near the University of Michigan Biological Station for hiking, birding, and wildflower viewing.
In winter, snowmobiling, cross-country skiing, and ice fishing draw adventure seekers to the region?s powdery landscapes.
Summer brings kayaking on inland lakes, fly fishing on local rivers, and family picnics at peaceful community parks.
The small historic downtown and area farms offer quaint shops, seasonal produce, and friendly small-town festivals.

Getting There and Where to Stay

The convenient Pellston Regional Airport (PLN) connects travelers to the village and greater Northern Michigan.
Lodging options near Pellston MI range from rustic cabins and lakefront rentals to cozy inns and budget-friendly hotels.
With welcoming restaurants, scenic byways, and year-round events, Pellston Michigan is an inviting base for exploring the Great Lakes.



FAQ – Home Values in Pellston

What is the median home value in Pellston in 2026?

In 2026, the typical home value in Pellston is about $245,700 for an average home size of 2174 square feet. This corresponds to an average price of roughly $114 per square foot.

What is the average cost per square foot in Pellston?

In 2026, homes in Pellston sell for an average of around $114 per square foot, with a typical range between $154 and $154 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 Pellston is about 2174 square feet, with an estimated 2026 value around $245,700.



Locations close to Pellston, MI

Petoskey, MI207 $ / ft²
Pickford, MI124 $ / ft²
Pointe Aux Pins, MI301 $ / ft²
Paradise, MI126 $ / ft²
Ossineke, MI94 $ / ft²
Onaway, MI107 $ / ft²




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