Is Topinabee, MI 49791 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Topinabee is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list100%Sold price ÷ list price

Median days on market21Listing to accepted offer

Median price per sq ft$257▲ +97.4% vs. last year

The Topinabee housing market right now

In the three months ending August 31, 2026, 0% of homes in Topinabee, MI 49791 sold above their list price and the typical home went under contract in 21 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold faster (31 days then) and the median sale price rose 196% to $304,868. Overall, Topinabee is less competitive than a year ago, which gives buyers more room.

Within Cheboygan County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Afton 49705 (67% sold over asking) and Cheboygan 49721 (19% sold over asking) are even more competitive.

About the area

Cheboygan County, MI

Population	164
Median income	$59,750
Average income	$77,491
Median home value	$213,900
Median rent	$1,750/month
Owner-occupied	86% of homes
Median year built	1965

Natural hazard riskLow for the hazards we track

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 49791; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 49791

Prefilled for 49791Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49791Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Afton 49705Seller’s market $155 /sq ft Cheboygan 49721Balanced $149 /sq ft Indian River 49749Balanced $234 /sq ft Wolverine 49799Buyer’s market $203 /sq ft Browse all markets →

Where Topinabee is

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Questions about Topinabee real estate

How fast do homes sell in Topinabee?

The typical home went under contract in 21 days in the latest three months.

Do homes in Topinabee sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Topinabee?

About 0.89% of a home’s value a year in Cheboygan County, or roughly $3,560 on a $400,000 home.

What is the median home price in Topinabee?

The median sale price was $304,868 in the three months ending August 31, 2026, about $257 per square foot.

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Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Cheboygan County property taxes Cheboygan County loan limits Closing costs in Michigan Hottest ZIP codes in Michigan

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology