ZIP Code 49721 Housing Market
ZIP code 49721 is located in Cheboygan County, Michigan. Based on the FHFA House Price Index, the most recent annual HPI value is 227.6 (2000 = 100) , with a year-over-year change of +4.82% as of 2025.
📈 49721 HPI Trend
FHFA House Price Index for Five-Digit ZIP Codes (2000 = 100)
About This ZIP Code
ZIP code 49721 is one of the most active real estate sub-markets in Cheboygan County, Michigan. The FHFA House Price Index tracks cumulative price appreciation since 2000, providing a consistent measure of long-term value change in this specific ZIP area.
For full county-level context, see the Cheboygan County Housing Market page, which includes ACS median home values, rent, owner-occupancy, employment, migration, and other economic indicators.
Other Active ZIPs in Cheboygan County
| ZIP Code | HPI | YoY | Latest Year |
|---|---|---|---|
| 49749 | 272.1 | +13.62% | 2025 |
| 49765 | 216.5 | +8.76% | 2025 |
| 49799 | 286.6 | +8.71% | 2025 |
| 49706 | 270.2 | +10.16% | 2025 |
| 49755 | 227.1 | — | 2024 |
| 49718 | 162.4 | -14.36% | 2022 |
| 49716 | 168.1 | -9.22% | 2021 |
| 49769 | 185.8 | +24.16% | 2021 |
Data Source: FHFA House Price Index for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100). Data as of 2025. This product uses FHFA Data but is neither endorsed nor certified by FHFA.