Manistee Real Estate
82 active listings · 192 sold in the past 12mo
$272,500
Median List Price
192
Sold (past 12mo)
66
Avg Days on Market
-3.1%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Manistee Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Manistee and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(82)
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For Sale
1/79
$1,650,000
3126 Lake Shore Road, Manistee, MI 49660
3 bd2 ba0.52 ac
Single Family
For Sale
1/58
$959,000
100 Marina Drive, Manistee, MI 49660
4 bd3 ba2,624 sqft0.26 ac
Single Family
For Sale
1/26
$899,900
V/L Monroe Street, Manistee, MI 49660
5 bd4 ba2,831 sqft0.60 ac
Single Family
For Sale
1/50
$795,000
4616 W Fox Farm Road, Manistee, MI 49660
4 bd3 ba2,094 sqft0.57 ac
Single Family
For Sale
1/55
$775,000
10826 Old Freesoil Road N, Manistee, MI 49660
3 bd2 ba1,764 sqft1.82 ac
Single Family
For Sale
1/40
$690,000
5372 MILARCH Road, Manistee, MI 49660
0 bd1 ba420 sqft70 ac
Single Family
For Sale
1/71
$650,000
10777 Old Freesoil Road, Manistee, MI 49660
3 bd2 ba1,296 sqft0.78 ac
Single Family
Under Contract
1/89
$649,900
461 Fifth Street, Manistee, MI 49660
6 bd7 ba4,170 sqft0.60 ac
Single Family
For Sale
1/49
$629,900
1424 Timber Ridge Drive, Manistee, MI 49660
4 bd2 ba0.69 ac
Single Family
Under Contract
1/47
$619,000
4786 Red Apple Road, Manistee, MI 49660
4 bd2 ba2,408 sqft19.50 ac
Single Family
For Sale
1/70
$605,000
10 Cottage Lane, Manistee, MI 49660
2 bd2 ba2,188 sqft0.12 ac
Condo
For Sale
1/42
$599,000
63 E Piney Road, Manistee, MI 49660
1 bd1 ba1,717 sqft1.86 ac
Single Family
For Sale
1/51
$549,000
13325 W Pine Lake Road, Manistee, MI 49660
4 bd3 ba2,887 sqft20 ac
Single Family
For Sale
1/31
$499,900
986 W Fox Farm Road, Manistee, MI 49660
3 bd2 ba2,430 sqft1.04 ac
Single Family
For Sale
1/32
$489,000
6665 Lakeshore Road, Manistee, MI 49660
7 bd3 ba2,791 sqft2.09 ac
Single Family
For Sale
1/50
$485,000
339 Mcnitt Road, Manistee, MI 49660
3 bd2 ba1,780 sqft0.63 ac
Single Family
For Sale
1/47
$469,000
5842 Caberfae Highway, Manistee, MI 49660
4 bd2 ba5 ac
Single Family
For Sale
1/35
$450,000
1384 Olson Road, Manistee, MI 49660
2 bd2 ba1,550 sqft7.30 ac
Single Family
For Sale
1/15
$429,900
10991 US-31, Manistee, MI 49660
0 bd1 ba1 sqft7.20 ac
Single Family
For Sale
1/34
$419,900
3625 W County Line Road W, Manistee, MI 49660
4 bd1 ba1,793 sqft4.29 ac
Single Family
For Sale
1/30
$419,000
0 Pine Ridge 7, Manistee, MI 49660
3 bd3 ba2,162 sqft
Condo
For Sale
1/40
$399,000
377 4th Street, Manistee, MI 49660
4 bd3 ba2,538 sqft0.19 ac
Single Family
For Sale
1/13
$399,000
95 E Piney Road, Manistee, MI 49660
2 bd1 ba1,166 sqft0.82 ac
Single Family
For Sale
1/31
$399,000
210 Fifth Avenue, Manistee, MI 49660
4 bd2 ba0.70 ac
Single Family
Recently Sold(192)
Frequently Asked Questions about Manistee
What is the current real estate inventory in Manistee?
Buyers in Manistee can choose from 82 active listings. The median asking price is $272,500.
What are home prices like in Manistee?
Based on 192 sales in the past year, homes in Manistee have a median price of $272,500.
What is the average days on market in Manistee?
Over the past year, homes in Manistee spent an average of 66 days on market before selling.
Which school districts cover Manistee?
Manistee is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Manistee may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Manistee real estate market?
With 5.1 months of inventory, Manistee is currently a balanced market. This is based on 82 active listings and 192 sales in the past 12 months.
What are property taxes like in Manistee?
Michigan property taxes in Manistee are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Manistee?
Per U.S. Census ACS data, Manistee has a -3.1% Household Formation Gap over the past 15 years, indicating softening demographic demand. Population grew 1.5%, outpacing the effect of shrinking household sizes (2.12 to 2.22). HFG is a secondary market indicator — local conditions and other factors also influence housing demand.