House Prices

House Prices & Home Values Omena, MI 2026


Average Data

average house price$179,940
average size per house1497 ft²
average price per ft²121 $ / ft²

04/15/2026 - The value range (VR) for house prices in Omena, MI is $264/ sqft to $264/ sqft. An average home with 1497 sqft costs approximately $395,208 to $395,208. Omena, MI includes 1 ZIP codes and it is located in Leelanau county. The lowest prices are found in ZIP 49674, while the highest are in ZIP 49674. The average price per sqare feet is $121. Our analysis is based on 30 property listings.

Avergage prices by ZIP codes Omena

49674287 $ / ft²




Historical development of home values in Omena

Year Estimated value (USD) Change vs. 2025
2010 $83,567 -53.6%
2011 $80,336 -55.4%
2012 $80,120 -55.5%
2013 $83,114 -53.8%
2014 $87,247 -51.5%
2015 $91,725 -49.0%
2016 $96,512 -46.4%
2017 $101,721 -43.5%
2018 $107,344 -40.3%
2019 $112,322 -37.6%
2020 $118,128 -34.4%
2021 $134,358 -25.3%
2022 $156,632 -13.0%
2023 $165,175 -8.2%
2024 $174,731 -2.9%
2025 $179,940 0.0%

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



Example: 100% financing house in Omena

Loan amount: $179,940

Interest rate: 6.00%

Fixed monthly payment: $1,078.83

Breakdown in the 1st month:
Interest portion: $899.70  –  Principal portion: $179.13

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,736.29 $2,209.68 $177,730.32
2 $10,600.00 $2,345.97 $175,384.34
3 $10,455.31 $2,490.67 $172,893.68
4 $10,301.69 $2,644.29 $170,249.39
5 $10,138.59 $2,807.38 $167,442.01
6 $9,965.44 $2,980.53 $164,461.48
7 $9,781.61 $3,164.37 $161,297.11
8 $9,586.44 $3,359.54 $157,937.57
9 $9,379.23 $3,566.75 $154,370.83
10 $9,159.24 $3,786.73 $150,584.09
11 $8,925.68 $4,020.29 $146,563.80
12 $8,677.72 $4,268.26 $142,295.55
13 $8,414.46 $4,531.51 $137,764.03
14 $8,134.97 $4,811.01 $132,953.03
15 $7,838.24 $5,107.74 $127,845.29
16 $7,523.20 $5,422.77 $122,422.52
17 $7,188.74 $5,757.24 $116,665.28
18 $6,833.64 $6,112.33 $110,552.95
19 $6,456.65 $6,489.33 $104,063.63
20 $6,056.40 $6,889.57 $97,174.05
21 $5,631.47 $7,314.51 $89,859.55
22 $5,180.33 $7,765.65 $82,093.90
23 $4,701.36 $8,244.62 $73,849.28
24 $4,192.85 $8,753.13 $65,096.15
25 $3,652.97 $9,293.00 $55,803.15
26 $3,079.80 $9,866.17 $45,936.98
27 $2,471.28 $10,474.70 $35,462.28
28 $1,825.22 $11,120.75 $24,341.52
29 $1,139.32 $11,806.66 $12,534.87
30 $411.11 $12,534.87 $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 Omena, MI


1500 sqft3900 sqft
Ø selling price$219,616$467,182
Ø fast selling$199,651$420,463
Ø high price sale$239,581$513,900

In 2026, houses in Omena, MI will be offered at an average price of $121 per square foot. A 1,500 sqft home priced at $219,616 is 24.98% more expensive per square foot than a 3,900 sqft home priced at $467,182. Home prices in Omena, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $323,433. Sellers who can wait longer may achieve a higher price of up to $395,308.

FAQ – Home Values in Omena

What is the median home value in Omena in 2026?

In 2026, the typical home value in Omena is about $179,940 for an average home size of 1497 square feet. This corresponds to an average price of roughly $121 per square foot.

What is the average cost per square foot in Omena?

In 2026, homes in Omena sell for an average of around $121 per square foot, with a typical range between $264 and $264 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 Omena is about 1497 square feet, with an estimated 2026 value around $179,940.



Locations close to Omena, MI

Onekama, MI168 $ / ft²
Rapid City, MI147 $ / ft²
Reed City, MI77 $ / ft²
Northport, MI290 $ / ft²
Mesick, MI113 $ / ft²
Merritt, MI131 $ / ft²
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