Current Price

$424,280

1 Month Forecast

â–² $493,816

1-Year Forecast *

â–² $518,959

5-Year Forecast *

â–² $663,482

"Is it a good time to buy homes in Mackinac Island?" "Does investing in real estate in Mackinac Island (Michigan State, Mackinac County) worth it?" According to our live Forecast System, buying a house in Mackinac Island is a good short-term (1-year) investment*. The Mackinac Island average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Mackinac Island" 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 Mackinac Island in Michigan State, Mackinac County. If you are looking for homes for sale with good flipping profit, Mackinac Island can be a profitable property investment option. The median price of an average house in Mackinac Island was 424,280 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Mackinac Island" area is 663,482 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +56.38% meaning that investing 100000 USD today may yield a profit of 56,378 USD by 2031.

Current Median Listing Price: 424,280 USD Median Listing Price Per Square Foot: 236 USD

Mackinac Island 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.

Mackinac Island (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.

Mackinac Island Price Target

Mackinac Island median home price target in 12 months: $518,959* (upside of 22.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $434,868 $489,962 $434,868 $489,962
2024 $381,756 $424,280 $381,756 $424,280
2023 $378,678 $375,450 $358,888 $378,678
2022 $336,380 $384,487 $336,380 $384,487
2021 $298,687 $335,153 $298,687 $338,265
2020 $268,027 $294,711 $265,485 $294,711
2019 $258,682 $269,332 $258,682 $269,332
2018 $224,704 $256,853 $224,704 $256,853
2017 $207,224 $221,206 $206,335 $221,206
2016 $0 $206,729 $0 $206,729
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Mackinac Island Housing Market Forecast

How much does an average home cost in Mackinac Island today?

The value of an average home (the listing price) in Mackinac Island is $424,280 USD.

What is the average price per square foot in Mackinac Island?

According to Walletinvestor the median price per square foot in Mackinac Island is 236 USD.

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

Yes. The Mackinac Island home prices may rise from 424,280 USD to 518,959 USD in one year.

Is it profitable to invest in Mackinac Island homes?

Yes. The long-term profit potential is +22.32% in one year.

Will Mackinac Island house prices fall / drop?

No. See above.

What is the predicted price of a Mackinac Island home in 2030?

The predicted home sales price of a Mackinac Island home in 2030 in Mackinac Island is 605,115 USD.

What is the predicted price of a Mackinac Island home in 2035?

The predicted home sales price of a Mackinac Island home in 2035 in Mackinac Island is 820,992 USD.

Will real estate prices decrease in Mackinac Island?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Mackinac Island is the 19296. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Mackinac, Mackinac Island decreased, looking at the past 12 months.

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

Median home values decreased by 5.058% to 424,280 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 22.915% in 2021
  • 20.865% in 2022
  • 23.325% in 2023
  • 23.055% in 2024
  • 22.225% in 2025
  • 22.765% in 2026

Based on our Mackinac Island real estate market research and report the predicted sales prices will increase by 649.565% in the next 10 years.

Over the last 12 months, the value of homes in Mackinac Island fluctuated: increasing 5 times .

Mackinac Island (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
Mackinac Island Housing Market Forecast with Real Estate Prices for 2025
August 2025 493816 465668 521963
September 2025 497699 454400 540999
October 2025 501614 457472 545756
November 2025 505559 465114 546003
December 2025 509535 478963 540107
Mackinac Island Housing Market Forecast with Real Estate Prices for 2026
January 2026 513542 478621 548463
February 2026 516587 479909 553264
March 2026 516956 487490 546423
April 2026 514793 465888 563698
May 2026 513032 480198 545866
June 2026 514910 466508 563311
July 2026 518959 486784 551135
August 2026 523041 471259 574822
September 2026 527154 474966 579342
October 2026 531300 488796 573804
November 2026 535478 499601 571355
December 2026 535943 483956 587929
Mackinac Island Housing Market Forecast with Real Estate Prices for 2027
January 2027 533700 497942 569458
February 2027 534403 506080 562727
March 2027 538606 490670 586542
April 2027 542842 511900 573784
May 2027 544387 499747 589026
June 2027 542108 488440 595777
July 2027 539840 488015 591664
August 2027 537581 503175 571986
September 2027 536278 505174 567382
October 2027 540496 494554 586438
November 2027 544747 515875 573618
December 2027 549031 516089 581973
Mackinac Island Housing Market Forecast with Real Estate Prices for 2028
January 2028 553349 515721 590976
February 2028 552707 517333 588080
March 2028 550394 499758 601030
April 2028 548090 515205 580976
May 2028 550309 513989 586630
June 2028 554637 514703 594571
July 2028 558999 517074 600924
August 2028 563395 521704 605087
September 2028 567826 528078 607574
October 2028 572292 515635 628949
November 2028 576793 535841 617745
December 2028 580950 528665 633236
Mackinac Island Housing Market Forecast with Real Estate Prices for 2029
January 2029 580890 525124 636655
February 2029 582284 524055 640512
March 2029 586863 532285 641442
April 2029 591479 538837 644120
May 2029 595708 557583 633833
June 2029 600393 564369 636417
July 2029 605115 556101 654129
August 2029 609874 556815 662933
September 2029 614670 569185 660156
October 2029 619504 558173 680835
November 2029 624377 572553 676200
December 2029 629287 585237 673337
Mackinac Island Housing Market Forecast with Real Estate Prices for 2030
January 2030 634236 588571 679901
February 2030 639224 602149 676299
March 2030 644251 597221 691282
April 2030 649318 601269 697368
May 2030 654425 614505 694345
June 2030 659571 616699 702444
July 2030 663482 627654 699310
August 2030 663957 628767 699146
September 2030 661178 610929 711428
October 2030 658916 598955 718877
November 2030 661328 613712 708944
December 2030 666529 619205 713853
Mackinac Island Housing Market Forecast with Real Estate Prices for 2031
January 2031 671771 632137 711405
February 2031 677054 633046 721063
March 2031 682379 633930 730828
April 2031 687746 632726 742765
May 2031 688342 638781 737902
June 2031 685461 627197 743725
July 2031 686365 636260 736470
August 2031 691763 623278 760247
September 2031 697203 647702 746705
October 2031 699187 658634 739740
November 2031 696261 632901 759621
December 2031 693347 626093 760602
Mackinac Island Housing Market Forecast with Real Estate Prices for 2032
January 2032 690446 633139 747753
February 2032 688773 651579 725967
March 2032 694190 631018 757361
April 2032 699649 646476 752823
May 2032 705152 656496 753807
June 2032 710697 647445 773950
July 2032 709873 660892 758854

> 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.