The story of this market
The typical home in ZIP 49646 sells for about $370,000, or $234 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $690 a month.
ZIP 49646 — Kalkaska
The housing market in 49646 is currently experiencing a period of stability with a buyer-friendly environment due to higher inventory levels relative to demand. Prices have seen modest year-over-year growth, though the market pace remains measured. Buyers are finding more leverage, as evidenced by the sale-to-list ratio falling below asking price.
This area is best suited for outdoor enthusiasts, families seeking a rural lifestyle, and those looking for affordable entry-level housing away from urban centers.
Median prices moved up 4.2% year over year.
Homes spend a median of 68 days on market with 5.4 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 10.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 49646, Kalkaska County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the area remain relatively low compared to national averages, with property crime being the primary concern in this rural setting.
Schools in the area are primarily served by Kalkaska Public Schools, which generally maintain a standard rural district performance profile.
The area faces typical northern Michigan climate risks, including heavy winter snowfall and potential for localized flooding near water bodies.
Economic momentum is driven by local tourism, forestry, and small-scale manufacturing, with steady but modest development activity.
Property taxes are assessed at the county level based on state-equalized values, with millage rates determined by local school districts and township levies.
Residents typically rely on personal vehicles for commuting, with average travel times to regional employment hubs like Traverse City exceeding 30 minutes.
The area offers extensive access to outdoor recreation, including nearby lakes, snowmobile trails, and state forest lands for hunting and hiking.
The rental market is characterized by tight supply and high demand, with a significant portion of inventory utilized for seasonal or short-term stays.
The local economy is anchored by the public sector, healthcare services, and a mix of small-scale manufacturing and tourism-related businesses.
Transportation is almost exclusively dependent on the regional highway network, with limited public transit options available.
Development is largely focused on small-scale residential infill and improvements to existing commercial infrastructure in the village center.
The Kalkaska County Equalization Department oversees property assessments, ensuring compliance with state-mandated valuation standards.
Parcels are subject to local school district millages and township-specific fire and emergency service assessments.
Property insurance premiums are influenced by the area's rural fire protection status and exposure to severe winter weather events.
Michigan utilizes a judicial foreclosure process for mortgages, with specific statutory redemption periods for homeowners.
Sellers are required to provide a written disclosure statement regarding the condition of the property at the time of sale.
Data retrieved from US Census Bureau and Data USA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Hosts local community events and the annual county fair.
Popular for fishing and recreational water activities.
Provides extensive hiking opportunities through the surrounding forest.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.