524 Cherry St, Petoskey, MI 49770
Property image
Property image
OFF MARKET

$440,000

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,622 sqft

524 Cherry St, Petoskey, MI 49770

Est. Refi. Payment $2,753/mo*
Refinance Your Home
Currently Off Market - Sold Oct 3, 2025 for $394,000

Home Value

Trulia Estimate
$440K
Since last month
Decreased$17K (-3.8%)
Since last year
Increased$51K (+13%)
Since last sale
Increased$44K (+11.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +196% in the last 10 years
MonthEstimated value
2026
September 2026$438K
August 2026$456K
July 2026$395K
June 2026$404K
May 2026$396K
April 2026$409K
March 2026$413K
February 2026$411K
January 2026$410K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.39
Single-Family Home
$420,000
09/04/26
4
2
1,537
0.17
Single-Family Home
$892,625
09/29/25
2
2
1,966
0.61
Single-Family Home
$480,000
06/25/26
4
2
1,500
0.46
Single-Family Home
$542,000
10/21/25
4
2.5
1,904
0.12
Single-Family Home
$377,000
07/23/26
4
2
1,518
0.64
Single-Family Home
$464,000
04/29/26
4
2
2,250
0.13
Single-Family Home
$350,000
06/30/26
2
1
768
0.35
Single-Family Home
$785,000
01/14/26
3
2
2,900
0.29
Single-Family Home
$305,000
09/11/26
2
1
1,320

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.20
$479,000
4
2
1,800
For Sale
0.18
$774,900
4
3.5
2,541
For Sale
0.19
$250,000
3
2
2,440
For Sale
0.27
$512,000
3
1.5
1,446
Recently Sold
0.23
$351,300
3
1.5
1,400
Off Market
0.27
$1,175,000
4
4.5
3,336
For Sale
0.25
$495,000
4
2
2,316
For Sale
0.24
$767,300
5
3.5
4,253
Off Market
0.25
$476,600
3
2
1,664
Off Market
0.29
$305,000
2
1
1,320
Recently Sold
0.33
$186,200
4
1
1,836
Off Market
0.33
$215,200
4
1
1,450
Off Market

Local Information

  • Map ViewExplore the area around 524 Cherry St.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1955
1,622 sqft
$271/sqft

About this House

This 4 bedroom, 2 bath home is conveniently located near downtown Petoskey as well as Petoskey schools. The home has many recent updates and offers a main floor Master bedroom, wood burning fireplace in the living room and a full basement perfect for additional storage. Outside you'll find a spacious backyard with an enclosed fence for ultimate privacy with a shed for additional storage.
524 Cherry St, Petoskey, MI 49770 is a 4 bedroom, 2 bathroom, 1,622 sqft single-family home built in 1955. It last sold for $394,000 on Oct 3, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $440,000, with a rent estimate of $2,881/month.

Home Details for 524 Cherry St

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerRefrigeratorWasher
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Oct 3, 2025
Source: N/A
Sold
$394,000
Aug 28, 2025
Source: Northern Michigan MLS #477584
Listed For Sale
$399,000
Nov 17, 2021
Source: N/A
Sold
$310,000
Aug 20, 2021
Source: Northern Michigan MLS #466265
Listed For Sale
$329,000
Aug 25, 2015
Source: N/A
Sold
$139,000

Market trends in Petoskey

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$455K
$1.17K
MoM
Sale-to-List Price
โ€”
Price per sq ft
$270
$24
MoM
Available listings
182
8
MoM

What Locals Say about Petoskey

At least 90 Trulia users voted on each feature.
  • 89 % Say it's dog friendly

  • 80 % Say car is needed

  • 79 % Say people would walk alone at night

  • 78 % Say there's wildlife

  • 75 % Say parking is easy

  • 74 % Say there's holiday spirit

  • 74 % Say yards are well-kept

  • 72 % Say kids play outside

  • 72 % Say streets are well-lit

  • 69 % Say it's quiet

  • 66 % Say they plan to stay for at least 5 years

  • 63 % Say it's walkable to restaurants

  • 61 % Say there are sidewalks

  • 58 % Say neighbors are friendly

  • 53 % Say it's walkable to grocery stores

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Deborah
    "Great schools and community support. Safe and walkable. A bit like Mayberry. Neighbors are friendly and helpful. Itโ€™s a small town feel with lots af amenities and beautiful nature "
  • Kalajhutchinsoncounseling
    "Kind and friendly. Helpful and connected with resources in the area. Clean and beautiful. Great community clean up and services. Lots of restaurants and stores to fill your needs. "
  • DavD
    "I love it here and have lived here for over 30 years. This is the most safest and beautiful town in Michigan!"
  • Rick Pawley
    "Bike trail. Beach. Rock collecting. State park. Victorian homes. Close shopping. Many restaurants nearby. "
  • Leirik Wysocki
    "Avoid going through Bay View in the summer time. Unless you want to lose an hour of your time haha "
  • Reed_perkins
    "Top quality performing arts and music in the historical community of Bay View, which sits inside Petoskey "
  • khaalck
    "I am less than 10 minutes from everything within the city limits. I also live close to grocery stores. "
  • Ktwichel3
    "Itโ€™s quite except for new years and the 4th where the city has accepted the use of fireworks. Huge mistake!"
  • Angela188
    "Petoskey art in the park, winter festival, movies in the park, open house nights, bliss fest, festival by the bay "
  • Josephmccarron64
    "There are many families in this neighborhood and surrounding ones. Lots of pets, people are pleasant and friendly"
  • Melissa.hundey
    "The downtown truck or treating the Sat before Halloween The winter carnival in February at the winter sports part "
  • Emily C.
    "Schools are great. Nice neighborhood and neighbors too lots of parks and things to do. Lots of sports for kids to join"
  • Kendrasgreen21
    "far proximity from other houses, private, lots of yard space. in the woods, away from the road. isolated areas. "
  • Emily C.
    "Parades, fun for the kids every Halloween downtown trick or treat. Beaches, breakwall to jump off of"
  • Lacy M.
    "The schools are great. Rent prices and property taxes are very high. Good paying jobs are available, but minimal. Overall, a great town. It's expensive to live here."
  • Kgrunt
    "Very beautiful landscape. Raised my four kids there. Spent my life there until moving to Florida due to getting tired of winters here. "
  • Reiner B. N.
    " Gated community surrounding a golf course and yacht club. Community is on Lake Michigan (little traverse bay) and has many good restaurants "
  • Famtastic l.
    "This home is located accross from state land and surrounded by CCC trails. If you love dirt bike riding, snow mobiling, horse back riding, etc this is the perfect spot. Located just 10 minutes from Petoskey which is set on Lake Michigan. There are many activies to keep you busy in this small town and surrounding area. "
  • Bizbox43
    "Estimated prices shown are on the low side. Fabulous area for a summer home but great opportunities for winter sports as well. World class yacht club. Excellent 27 holes of golf. Two protected harbors. Highest usage of electric cars in the country (GEM cars)."

LGBTQ Local Legal Protections

Frequently asked questions about 524 Cherry St

  • What is 524 Cherry St estimated to be worth?
    Trulia's estimated value for 524 Cherry St in Petoskey, MI is $440,000.
  • What is the price history for 524 Cherry St?
    524 Cherry St in Petoskey, MI last sold for $394,000 in October 2025.
  • Is Petoskey a buyer's or seller's market?
    Petoskey is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Petoskey?
    The median sale price in Petoskey is $455K. That is up $1.17K from the prior month.
  • Does 524 Cherry St have laundry facilities?
    Yes, 524 Cherry St in Petoskey, MI has in-unit laundry.

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