ZIP Code Market Report
49660 — Manistee, MI
Data through February 2026 · Updated monthly
Avg Home Value
$253,799
▲ 7.5% year-over-year
Month-over-Month
+0.3%
▲ 0.3%
Single Family
$239,726
Condo / Co-op
$363,267
The average home value in the 49660 ZIP code (Manistee, MICHIGAN) is $253,799 as of February 2026. Home prices are rising, up 7.5% compared to last year.
A 3-bedroom home in 49660 is valued at $254,636. Single-family homes average $239,726, while condos average $363,267.
The market in 49660 has a $242,920 spread between bottom-tier homes at $163,313 and top-tier homes at $406,232. 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 Manistee County market area in MICHIGAN. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Manistee County report.
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Market Snapshot
49660 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 |
|---|---|---|---|---|
| Avg Home Value | $252,716 | $252,968 | $253,799 | ▲ 0.4% |
| Single Family Value | $232,555 | $236,159 | $239,726 | ▲ 3.1% |
Home Values
49660 Home Value Trend
Historical home values for ZIP code 49660. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 49660
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $240,327 |
| 3 Bedrooms | $254,636 |
| 4 Bedrooms | $299,068 |
Property Types
Home Values by Property Type in 49660
How different property types compare in this ZIP code.
All Homes
$253,799
Single Family
$239,726
Condo / Co-op
$363,267
Bottom Tier
$163,313
Top Tier
$406,232
Data Sources and Methodology
Home value data for ZIP code 49660 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.
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