Mackinac County, Michigan Housing Market Prices
Mackinac County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 138% above the Michigan median Among the 5 most expensive counties in Michigan$329,687
-
Median rent 33% below the Michigan median Cheaper than 79% of counties in Michigan$760
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Mackinac County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $329,687 | $138,713 | $248,835 |
| Price Trend (Annual %) | 22.3% | 8.6% | 7.5% |
| Median Gross Rent | $760 | $1,129 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Mackinac County is about 138% higher than in Michigan. Rent is about 33% lower than the Michigan average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Mackinac County, up about 22.3% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Mackinac County rose about 31.7% between 2015 and 2024, from $577 to $760. Over the same span, rent in Michigan rose about 44.2%.
Affordability
On average, housing unit costs 5.2 yearly household incomes in Mackinac County.
Buying the median-priced home in Mackinac County costs roughly 36.2 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Mackinac County. The price-to-rent ratio in Michigan is about 10.2.
| Metric | Mackinac County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $329,687 | $138,713 | $248,835 |
| Median Household Income | $62,879 | $72,977 | $80,455 |
| Price-to-Income Ratio | 5.2 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Mackinac County rose about 303.7%, while median household income rose about 44.8% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Mackinac County | Michigan Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 38.2% | 64.6% | 58.5% |
| Rental Rate | 10.9% | 23.6% | 31.2% |
| Vacancy Rate | 50.9% | 11.8% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Mackinac County has a homeownership rate of 38.2%, lower than the Michigan average of 64.6%. Its housing vacancy rate is 50.9%, compared with 11.8% in Michigan.
Housing Stock
| Metric | Mackinac County | Michigan Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.03 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1975 | 1972 | 1978 |
| Median Number of Rooms | 5.5 | 5.9 | 5.5 |
The typical housing unit in Mackinac County was built around 1975. On average, 2.0 people live in a home with about 5.5 rooms, staying for about 17.0 years on average.
Mackinac County, MI Housing Compared With Nearby Counties
Mackinac County, MI is the smallest of the 4 counties compared here, 10,957 residents against a local median of 34,125. The measure that sets Mackinac County, MI apart most is median home price: $329,687, 85% above the local median of $178,274.
Median rent tells the same story from another angle: $760 against a local median of $949, 20% below it. The counties themselves spread $216,951 on median home price, so Mackinac County, MI sits at one end of an already wide local range rather than apart from it. Mackinac County, MI has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Mackinac County, MI | 10,957 | $329,687 #1/4 | $760 #4/4 | 77.9% #2/4 |
| Emmet County, MI | 34,125 | $109,091 | $1,112 | 77.0% |
| Chippewa County, MI | 36,295 | $178,274 | $796 | 75.0% |
| Charlevoix County, MI | 26,108 | $326,041 | $949 | 83.5% |
Frequently Asked Questions
Common questions about the housing market in Mackinac County, Michigan.
What is the median home price in Mackinac County, Michigan?
The median home price in Mackinac County, Michigan is $329,687, higher than the Michigan average of $138,713.
What is the average home price in Mackinac County, Michigan?
The typical home price in Mackinac County, Michigan, reported as the median sale price, is $329,687. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Mackinac County, Michigan?
The median gross rent in Mackinac County, Michigan is $760 per month, lower than the Michigan average of $1,129.
What was the median gross rent in Mackinac County in 2020?
In 2020, the median gross rent in Mackinac County, Michigan was $636 per month.
What is the price-to-rent ratio in Mackinac County, Michigan?
The price-to-rent ratio in Mackinac County, Michigan is about 36.2, meaning it would take roughly 36.2 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Mackinac County.
Are home prices or rent rising faster in Mackinac County, Michigan?
Both home prices and rent are rising in Mackinac County, up about 22.3% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Mackinac County, Michigan?
38.2% of households in Mackinac County, Michigan own their home, lower than the Michigan average of 64.6%.
What is the vacancy rate in Mackinac County, Michigan?
The housing vacancy rate in Mackinac County, Michigan is 50.9%, higher than the Michigan average of 11.8%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →