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Yahoo
28-06-2025
- Business
- Yahoo
Emmet County home listings asked for less money in May - see the current median price here
The median home in Emmet County listed for $799,000 in May, down 3.6% from the previous month's $828,750, an analysis of data from shows. Compared to May 2024, the median home list price increased 29.5% from $626,125. The statistics in this article only pertain to houses listed for sale in Emmet County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at Emmet County's median home was 2,562 square feet, listed at $362 per square foot. The price per square foot of homes for sale is up 20.7% from May 2024. Listings in Emmet County moved steadily, at a median 64 days listed compared to the May national median of 51 days on the market. In the previous month, homes had a median of 107 days on the market. Around 96 homes were newly listed on the market in May, a 33.3% increase from 72 new listings in May 2024. The median home prices issued by may exclude many, or even most, of a market's homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales. In Michigan, median home prices were $299,900, a slight increase from April. The median Michigan home listed for sale had 1,618 square feet, with a price of $184 per square foot. Throughout the United States, the median home price was $440,000, a slight increase from the month prior. The median American home for sale was listed at 1,840 square feet, with a price of $234 per square foot. The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what's happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on The Petoskey News-Review: Emmet County home listings asked for less money in May - see the current median price here
Yahoo
10-05-2025
- Automotive
- Yahoo
U.S. 131 resurfacing project in Petoskey set to start May 12
PETOSKEY — The Michigan Department of Transportation will begin a resurfacing project on U.S. 131 in Petoskey on Monday, May 12. The $933,472 project will resurface nearly 1.6 miles of U.S. 131 from south of Lears Road to south of U.S. 31. The project is set to be completed by June 20. Subscribe: Check out our offers and read the local news that matters to you While the work will primarily be done at night, some minor work is expected to be done during daytime hours. Traffic regulators and traffic shifts will be in place during the project. According to MDOT, the project will include new pavement markings and extend the service life of the road. — Contact Jillian Fellows at jfellows@ This article originally appeared on The Petoskey News-Review: U.S. 131 resurfacing project in Petoskey set to start May 12, 2025
