Home to the famed Gaslight District along Little Traverse Bay, Petoskey is one of Northern Michigan's signature towns.
Overlooking Little Traverse Bay, Petoskey has developed a reputation as foremost destination for Northwest Michigan travel. According to the 2010 US Census, Petoskey has just over 5,600 year-round residents. However, the high volume of seasonal visitors drives that number up several-fold during the summer and other busy times of year. Home to the famous Gaslight District, Petoskey provides a downtown with world-class shopping and dining. Residents of Petoskey enjoy the full spectrum of seasons – from beautiful breezy summers to stunning white winters - with plenty of recreation opportunities year-round. Petoskey is centrally located to several excellent ski resorts, renowned golf courses, and a wide variety of lakes and rivers. All that Northern Michigan has to offer can be found within close proximity to Petoskey.
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Browse Petoskey Real Estate Listings
|All Listings||Under $100,000||$100,000 - $200,000|
|$200,000 - $300,000||$300,000 - $400,000||$400,000 - $500,000|
|$500,000 - $600,000||$600,000 - $700,000||$700,000 - $800,000|
|$800,000 - $900,000||Over $1,000,000|
Browse Petoskey Real Estate Listings
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Discover Petoskey Homes for Sale
Petoskey's real estate market has several distinct pieces. Real estate within city limits is made up largely of classic Victorians, many over 100 years old. The further you move from the heart of downtown, the more current the real estate. The edges of Petoskey city limits are made up of 60s-70s ranch homes, and moving outside city limits you will find a number of more modern subdivisions. Primary residential real estate in Petoskey can range from $100,000-$700,000 or so, depending on your search criteria. Petoskey also has shoreline exposure on Walloon Lake, Lake Michigan, Pickerel Lake, Crooked Lake, and Round Lake. These offerings can be found at a much higher price point, many times north of $1,000,000. The condo market in Petoskey is limited, but there are a few options, ranging from $100,000-$500,000.
Buyers for Petoskey real estate have a variety of factors to consider in their search. First and foremost, will this be a year-round home or seasonal getaway? Those interested in Petoskey as a weekend or part-time home will want to consider the time of year they prefer to be here, and what amenities they want access to at that time. Golfers may want to look around Crooked Tree Golf Club, while skiiers are perhaps better suited to explore the condo communities located along M-119 towards Harbor Springs. Year-round buyers may want to factor in their need for medical services, along with school access. Where you plan to work is also likely to play a factor in what Petoskey real estate market makes sense for you as a year-round resident.
Life in Petoskey
Petoskey has several features that make the community a great fit for year-round residents. MacLaren Northern Michigan is a prestigious regional hospital with a full spectrum of health and emergency services. Petoskey Public Schools are well-known for their academic prowess, extra-curricular offerings, and athletic success. In addition to the Gaslight District for shopping, Petoskey is home to a number of larger franchise stores, including Wal-Mart, Meijer, Lowe's, Home Depot, and much more. Petoskey provides a touch of big city amenities, while staying true to its small-town charm. Petoskey serves as a bit of a "commerce hub" for neighboring towns such as Harbor Springs, Alanson, Charlevoix, and Boyne City. Many residents in these towns come to Petoskey for their shopping, dining, and medical needs.
US131 runs directly through Petoskey, allowing easy access to both North and South. There are several routes to I-75, each about 45 minutes of driving. The Pellston Regional Airport is about 30 minutes to the north, while Traverse City's airport (along with their vast array of dining and shopping solutions) can be reached in roughly 75 minutes.
I am born and raised in Petoskey, and am fortunate to call it home to this day. Nobody understands Petoskey real estate as intimately as I do. If you want a true sense of what it is to live here, I am the agent for you! As you look through the available Petoskey real estate on the market today, please contact me with any questions at (231) 622-1535, or by clicking here.
Additional Petoskey Real Estate information
- Advice for Petoskey Sellers
- Important Steps for Buying in Petoskey
- Petoskey Community Facts & History
- Learn More About the Gaslight District
- Discover Why Kyle Lieberman is the Best Petoskey Real Estate Agent for You
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLSX). Real estate listings held by brokerage firms other than Kidd & Leavy Real Estate are marked with the NM-MLSX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Kidd & Leavy Real Estate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Northern Michigan MLS, Inc © All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.