49646 — Kalkaska County, Michigan Market Snapshot
Housing market data for zip code 49646 in Kalkaska County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
27 sales in 2026 (year to date)
Median Sale Price
$223,500
Days to Sell
56
Homes Sold
27
Inventory
71
Sale-to-List
96.4%
New Listings
74
Price/SqFt
$186
Pending Sales
51
Conforming Loan Available
Most homebuyers in 49646 can comfortably use conventional financing. The median home price of $223,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
49646's market is balanced with homes taking an average of 56 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 49646 sells for 3.6% below asking price (96.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 49646 can comfortably use conventional financing. The median home price of $223,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 49646 are set at the county level.
2026 Loan Limits — Kalkaska County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 49646
To purchase the median home at $223,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,862.
Monthly Payment
$1,862
Income Required
$79,817
Principal & Interest
$1,377/mo
Down Payment (5%)
$11,175
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 49646.
Estimated Monthly Payment
$1,533
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