The story of this market
The typical home in ZIP 49719 sells for about $325,000, or $215 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 49719 — Cedarville
The Cedarville housing market remains stable with low inventory and modest price growth driven by seasonal demand. Sales volume is limited, reflecting the small population size and the nature of the local real estate market. No major new developments are currently impacting the area's housing supply.
This ZIP is best suited for retirees, vacation-home buyers, and those seeking a quiet, nature-oriented lifestyle, as the limited job market and remote location are less ideal for traditional commuters.
Median prices moved up 4.2% year over year.
Homes spend a median of 88 days on market with 7.0 months of supply — a slower-moving market.
13% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 9.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 49719, Mackinac County MI
Cedarville is served by the Les Cheneaux Community Schools district, which provides a small-town educational environment with limited regional competition.
The area faces moderate risks related to winter weather and seasonal flooding near the Lake Huron shoreline; property insurance remains stable but sensitive to regional climate trends.
Economic momentum is driven by seasonal tourism and local service industries, with limited large-scale industrial or corporate development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Commuting is primarily local or toward nearby Sault Ste. Marie; public transit is not available, and most residents rely on personal vehicles.
The area is a gateway to the Les Cheneaux Islands, offering extensive boating, fishing, and hiking opportunities, with basic local shopping and dining available in the village center.
The rental market is characterized by low inventory and high seasonal demand, with a significant portion of units utilized for short-term vacation rentals.
The economy is heavily reliant on tourism, hospitality, and small-scale retail, with limited diversification into other sectors.
Parcels are subject to standard township and county levies, with no major MUD or PID structures reported.
Premiums are generally stable, though proximity to the Great Lakes can influence rates for wind and water coverage.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
A historic archipelago offering boating and recreational access to Lake Huron.
Primary hub for local maritime activity and seasonal tourism.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.