Mancelona, MI housing market

The typical home in Mancelona, MI costs $211K (+0.1% over the past year). The bottom 35% of homes run around $119K. See the full market and find out if you can afford to buy a house in Mancelona — free, no signup.

Market snapshot (2026-06)

• Typical home value: $211K (Zillow ZHVI, 2026-06)
• 1-year change: +0.1%
• Bottom 35% of homes: $119K
• Top 35% of homes start around: $333K
• Median household income: $52K
• Price-to-income ratio: 4.1
• Estimated payment on the typical home: $1,085/mo principal & interest (20% down, 6.66% 30-yr fixed)

Nearby housing markets

• Traverse City, MI — typical home $451K
• Petoskey, MI — typical home $481K
• Houghton Lake, MI — typical home $201K
• Cadillac, MI — typical home $241K
• Manistee, MI — typical home $272K
• Big Rapids, MI — typical home $226K

Home values are Zillow Group public data (ZHVI, updated monthly); income and population are US Census Bureau ACS 5-year estimates. Estimates only — not financial advice.

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