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Today: September 23, 2025

Current Price

$208,891

1 Month Forecast

$225,829

1-Year Forecast *

$250,129

5-Year Forecast *

$277,906

"Is it a good time to buy homes in Cheboygan?" "Does investing in real estate in Cheboygan (Michigan State, Cheboygan County) worth it?" According to our live Forecast System, buying a house in Cheboygan is a good short-term (1-year) investment*. The Cheboygan average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Cheboygan" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Cheboygan in Michigan State, Cheboygan County. If you are looking for homes for sale with good flipping profit, Cheboygan can be a profitable property investment option. The median price of an average house in Cheboygan was 208,891 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Cheboygan" area is 277,906 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +33.04% meaning that investing 100000 USD today may yield a profit of 33,039 USD by 2030.

Current Median Listing Price: 208,891 USD Median Listing Price Per Square Foot: 116 USD

Cheboygan Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Cheboygan (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Cheboygan Price Target

Cheboygan median home price target in 12 months: $250,129* (upside of 19.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $227,315 $223,741 $223,741 $228,637
2024 $199,665 $208,891 $199,325 $209,035
2023 $191,485 $201,075 $191,306 $206,117
2022 $193,048 $193,509 $193,048 $206,401
2021 $152,430 $188,790 $152,430 $188,790
2020 $136,882 $150,300 $136,882 $150,300
2019 $130,237 $136,388 $130,062 $136,388
2018 $124,561 $129,687 $124,561 $130,955
2017 $116,230 $123,785 $116,230 $123,785
2016 $111,906 $115,799 $111,906 $117,178
2015 $108,213 $111,540 $107,050 $111,540
2014 $106,770 $108,544 $104,361 $108,544
2013 $98,453 $106,863 $98,199 $106,963
2012 $93,328 $98,584 $93,328 $98,584

Questions & Answers about the Cheboygan Housing Market Forecast

How much does an average home cost in Cheboygan today?

The value of an average home (the listing price) in Cheboygan is $208,891 USD.

What is the average price per square foot in Cheboygan?

According to Walletinvestor the median price per square foot in Cheboygan is 116 USD.

Will the median listing price of homes in Cheboygan grow / rise / go up?

Yes. The Cheboygan home prices may rise from 208,891 USD to 250,129 USD in one year.

Is it profitable to invest in Cheboygan homes?

Yes. The long-term profit potential is +19.74% in one year.

Will Cheboygan house prices fall / drop?

No. See above.

What is the predicted price of a Cheboygan home in 2030?

The predicted home sales price of a Cheboygan home in 2030 in Cheboygan is 277,906 USD.

What is the predicted price of a Cheboygan home in 2035?

The predicted home sales price of a Cheboygan home in 2035 in Cheboygan is 345,185 USD.

Will real estate prices decrease in Cheboygan?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Cheboygan is the 4529. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Cheboygan, Cheboygan increased, looking at the past 12 months.

According to Walletinvestor's Cheboygan real estate market research, home values will increase in the next 12 months.

Median home values increased by 0.271% to 208,891 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 21.162% in 2020
  • 21.082% in 2021
  • 21.372% in 2022
  • 19.272% in 2023
  • 21.652% in 2024
  • 18.952% in 2025

Based on our Cheboygan real estate market research and report the predicted sales prices will increase by 505.967% in the next 10 years.

Over the last 12 months, the value of homes in Cheboygan fluctuated: increasing 5 times and decreasing 5 times.

Cheboygan (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Cheboygan Housing Market Forecast with Real Estate Prices for 2025
August 2025 225829 210247 241411
September 2025 227937 207651 248224
October 2025 230065 216031 244099
November 2025 232212 219673 244752
December 2025 234380 213285 255474
Cheboygan Housing Market Forecast with Real Estate Prices for 2026
January 2026 236567 220717 252417
February 2026 238775 218480 259071
March 2026 241004 217145 264864
April 2026 243254 221847 264660
May 2026 245524 222445 268604
June 2026 247816 225760 269872
July 2026 250129 232120 268138
August 2026 252464 237064 267864
September 2026 254820 239786 269855
October 2026 257199 240224 274174
November 2026 259600 243764 275435
December 2026 262023 248136 275910
Cheboygan Housing Market Forecast with Real Estate Prices for 2027
January 2027 264468 243840 285097
February 2027 266937 248518 285356
March 2027 268889 243076 294702
April 2027 270164 254224 286104
May 2027 268465 253699 283231
June 2027 266777 250503 283050
July 2027 265099 249458 280740
August 2027 263432 240250 286614
September 2027 261776 246593 276959
October 2027 260130 242961 277298
November 2027 258494 233678 283309
December 2027 258252 244048 272456
Cheboygan Housing Market Forecast with Real Estate Prices for 2028
January 2028 260662 238767 282558
February 2028 263095 247047 279144
March 2028 265551 241386 289716
April 2028 268030 252216 283844
May 2028 270226 248068 292385
June 2028 271147 246743 295550
July 2028 270740 250705 290774
August 2028 269171 247099 291243
September 2028 267479 254105 280853
October 2028 265797 247191 284403
November 2028 264125 250127 278124
December 2028 263675 238099 289252
Cheboygan Housing Market Forecast with Real Estate Prices for 2029
January 2029 265815 251461 280168
February 2029 268296 247637 288954
March 2029 270800 250761 290839
April 2029 272598 255424 289771
May 2029 273178 255695 290662
June 2029 273035 258837 287233
July 2029 273042 252291 293793
August 2029 273571 250318 296825
September 2029 273970 256162 291778
October 2029 273781 249689 297874
November 2029 276337 260862 291812
December 2029 277369 259895 294843
Cheboygan Housing Market Forecast with Real Estate Prices for 2030
January 2030 277944 258488 297400
February 2030 277450 260526 294375
March 2030 276254 251391 301116
April 2030 274516 255300 293733
May 2030 272790 250421 295159
June 2030 275336 257715 292958
July 2030 277906 253729 302084
August 2030 280500 266195 294806
September 2030 283119 266981 299256
October 2030 285761 264901 306622
November 2030 288429 262182 314676
December 2030 291121 275109 307133
Cheboygan Housing Market Forecast with Real Estate Prices for 2031
January 2031 293838 279146 308530
February 2031 296581 271965 321197
March 2031 299349 280490 318208
April 2031 302143 277670 326617
May 2031 304964 283006 326921
June 2031 307810 288418 327202
July 2031 310683 288625 332742
August 2031 313583 295395 331771
September 2031 316510 298469 334551
October 2031 319465 294546 344383
November 2031 322446 293104 351789
December 2031 325456 305278 345634
Cheboygan Housing Market Forecast with Real Estate Prices for 2032
January 2032 327836 310788 344883
February 2032 329390 311933 346848
March 2032 327319 304407 350231
April 2032 325261 305420 345102
May 2032 323216 302207 344225
June 2032 321183 292277 350090
July 2032 319163 297141 341186
August 2032 317156 293687 340626
September 2032 315162 286167 344157
October 2032 314867 289992 339741
November 2032 317806 293335 342277
December 2032 320772 300243 341302
Cheboygan Housing Market Forecast with Real Estate Prices for 2033
January 2033 323766 303045 344488
February 2033 326789 308815 344762
March 2033 329467 300474 358460
April 2033 330589 302158 359019
May 2033 330093 305005 355180
June 2033 328180 308161 348199
July 2033 326117 299701 352532

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.