ZIP Code Market Report
49659 — Mancelona, MI
Data through February 2026 · Updated monthly
Avg Home Value
--
Month-over-Month
--
Single Family
$193,382
Condo / Co-op
$157,468
A 3-bedroom home in 49659 is valued at $228,360. Single-family homes average $193,382, while condos average $157,468.
The market in 49659 has a $195,892 spread between bottom-tier homes at $107,142 and top-tier homes at $303,035. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Antrim County market area in Michigan. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Antrim County report.
Free Home Value Estimate
What's your home worth in 49659 (Mancelona)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
49659 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Single Family Value | $193,205 | $193,326 | $193,382 | ▲ 0.1% |
Home Values
49659 Home Value Trend
Historical home values for ZIP code 49659. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 49659
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 3 Bedrooms | $228,360 |
| 4 Bedrooms | $262,785 |
Property Types
Home Values by Property Type in 49659
How different property types compare in this ZIP code.
Single Family
$193,382
Condo / Co-op
$157,468
Bottom Tier
$107,142
Top Tier
$303,035
Data Sources and Methodology
Home value data for ZIP code 49659 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in Mancelona?
Run your ARV and MAO instantly with live market data