Current Price

$182,046

1 Month Forecast

â–² $202,446

1-Year Forecast *

â–² $223,641

5-Year Forecast *

â–² $267,066

"Is it a good time to buy homes in Onaway?" "Does investing in real estate in Onaway (Michigan State, Cheboygan County) worth it?" According to our live Forecast System, buying a house in Onaway is a good short-term (1-year) investment*. The Onaway average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Onaway" 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 Onaway in Michigan State, Cheboygan County. If you are looking for homes for sale with good flipping profit, Onaway can be a profitable property investment option. The median price of an average house in Onaway was 182,046 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Onaway" area is 267,066 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +46.70% meaning that investing 100000 USD today may yield a profit of 46,702 USD by 2031.

Current Median Listing Price: 182,046 USD Median Listing Price Per Square Foot: 101 USD

Onaway 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.

Onaway (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

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

Onaway Price Target

Onaway median home price target in 12 months: $223,641* (upside of 22.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $197,332 $200,600 $197,332 $201,836
2024 $171,069 $182,046 $169,939 $182,046
2023 $161,697 $172,245 $161,697 $175,052
2022 $154,763 $160,774 $154,763 $167,977
2021 $124,578 $150,763 $124,578 $150,763
2020 $113,061 $123,617 $113,061 $123,617
2019 $110,141 $112,320 $109,839 $112,364
2018 $111,476 $110,039 $110,039 $114,616
2017 $103,015 $110,904 $103,015 $110,904
2016 $105,592 $102,690 $102,690 $106,407
2015 $96,030 $105,783 $96,030 $105,783
2014 $98,022 $95,903 $92,718 $98,022
2013 $93,028 $98,829 $92,230 $99,077
2012 $87,003 $93,747 $87,003 $93,860

Questions & Answers about the Onaway Housing Market Forecast

How much does an average home cost in Onaway today?

The value of an average home (the listing price) in Onaway is $182,046 USD.

What is the average price per square foot in Onaway?

According to Walletinvestor the median price per square foot in Onaway is 101 USD.

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

Yes. The Onaway home prices may rise from 182,046 USD to 223,641 USD in one year.

Is it profitable to invest in Onaway homes?

Yes. The long-term profit potential is +22.85% in one year.

Will Onaway house prices fall / drop?

No. See above.

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

The predicted home sales price of a Onaway home in 2030 in Onaway is 249,772 USD.

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

The predicted home sales price of a Onaway home in 2035 in Onaway is 319,316 USD.

Will real estate prices decrease in Onaway?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Onaway is the 9768. largest city in the United States, located in Michigan State.

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

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

Median home values decreased by 9.713% to 182,046 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 22.368% in 2021
  • 23.238% in 2022
  • 24.098% in 2023
  • 23.188% in 2024
  • 21.008% in 2025
  • 22.668% in 2026

Based on our Onaway real estate market research and report the predicted sales prices will increase by 682.886% in the next 10 years.

Over the last 12 months, the value of homes in Onaway fluctuated: increasing 2 times and decreasing 2 times.

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

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

Date Average price Minimum price Maximum price
Onaway Housing Market Forecast with Real Estate Prices for 2025
August 2025 202446 187060 217832
September 2025 204310 193686 214934
October 2025 206191 193613 218768
November 2025 208089 191234 224944
December 2025 210004 195304 224705
Onaway Housing Market Forecast with Real Estate Prices for 2026
January 2026 211720 200710 222729
February 2026 213626 194399 232852
March 2026 215592 200285 230899
April 2026 217577 199518 235636
May 2026 219580 200696 238464
June 2026 221601 208305 234897
July 2026 223641 201724 245558
August 2026 225700 211932 239467
September 2026 227777 205228 250327
October 2026 229874 214932 244816
November 2026 229742 217336 242148
December 2026 228430 208099 248760
Onaway Housing Market Forecast with Real Estate Prices for 2027
January 2027 227125 211908 242342
February 2027 225828 211149 240506
March 2027 224538 211964 237112
April 2027 223286 205870 240703
May 2027 224568 206153 242983
June 2027 226635 210544 242726
July 2027 228721 213397 244046
August 2027 230827 212361 249293
September 2027 232952 216878 249025
October 2027 234029 211796 256262
November 2027 233975 221808 246141
December 2027 235003 213383 256623
Onaway Housing Market Forecast with Real Estate Prices for 2028
January 2028 235289 215760 254818
February 2028 234394 218690 250099
March 2028 233055 217907 248204
April 2028 231724 212723 250726
May 2028 230401 209204 251598
June 2028 229085 214423 243746
July 2028 230139 217712 242567
August 2028 232258 212980 251535
September 2028 234396 212831 255960
October 2028 236554 213371 259736
November 2028 238731 214858 262604
December 2028 240897 225961 255833
Onaway Housing Market Forecast with Real Estate Prices for 2029
January 2029 241350 225662 257038
February 2029 242133 218162 266104
March 2029 242291 219273 265308
April 2029 242999 221372 264626
May 2029 245236 225863 264610
June 2029 247494 234377 260611
July 2029 249772 233037 266507
August 2029 250026 227024 273028
September 2029 249283 229839 268727
October 2029 248036 232410 263663
November 2029 248494 227621 269368
December 2029 250782 233979 267584
Onaway Housing Market Forecast with Real Estate Prices for 2030
January 2030 253090 232590 273591
February 2030 255420 234731 276109
March 2030 257771 232252 283291
April 2030 260144 244275 276013
May 2030 262269 239714 284824
June 2030 264630 247429 281831
July 2030 267066 247036 287096
August 2030 269525 252814 286235
September 2030 272006 250789 293222
October 2030 274510 260235 288784
November 2030 277037 250995 303078
December 2030 279587 252188 306987
Onaway Housing Market Forecast with Real Estate Prices for 2031
January 2031 282161 255638 308684
February 2031 284758 267388 302129
March 2031 284594 261827 307362
April 2031 282969 257219 308719
May 2031 281353 261658 301047
June 2031 279746 265199 294292
July 2031 278148 253393 302903
August 2031 276597 260001 293193
September 2031 278185 257877 298493
October 2031 280746 258286 303205
November 2031 283330 256697 309963
December 2031 285938 263921 307956
Onaway Housing Market Forecast with Real Estate Prices for 2032
January 2032 288571 260579 316562
February 2032 289905 267003 312808
March 2032 289838 271288 308387
April 2032 291112 272481 309743
May 2032 291466 267566 315367
June 2032 290357 262193 318522
July 2032 288699 273109 304289

> 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.