Manistee Real Estate
85 active listings · 197 sold in the past 12mo
$265,000
Median List Price
197
Sold (past 12mo)
64
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(85)
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For Sale
1/79
$1,750,000
3126 Lake Shore Road, Manistee, MI 49660
3 bd2 ba0.52 ac
Single Family
For Sale
1/43
$990,000
100 Marina Drive, Manistee, MI 49660
4 bd3 ba2,624 sqft0.26 ac
Single Family
For Sale
1/51
$990,000
63 E Piney Road, Manistee, MI 49660
1 bd1 ba1,717 sqft1.86 ac
Single Family
For Sale
1/96
$940,000
9670 S County Line Road, Manistee, MI 49660
4 bd4 ba3,437 sqft21.96 ac
Single Family
For Sale
1/53
$940,000
9670 S County Line Road, Manistee, MI 49660
4 bd3 ba21.96 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
1/70
$716,500
3605 Pinot Point, Manistee, MI 49660
3 bd2 ba2,160 sqft3.02 ac
Single Family
For Sale
1/49
$715,000
1424 Timber Ridge Drive, Manistee, MI 49660
4 bd2 ba0.69 ac
Single Family
Under Contract
1/111
$675,000
516 Maple Street, Manistee, MI 49660
6 bd5 ba5,108 sqft0.40 ac
Single Family
For Sale
1/47
$619,000
4786 Red Apple Road, Manistee, MI 49660
4 bd2 ba2,408 sqft19.50 ac
Single Family
For Sale
1/70
$614,000
10 Cottage Lane, Manistee, MI 49660
2 bd2 ba2,188 sqft0.12 ac
Condo
Under Contract
1/64
$579,000
15 N Lakeshore Drive, Manistee, MI 49660
3 bd1 ba1,010 sqft0.12 ac
Single Family
For Sale
1/64
$550,000
200 National Drive, Manistee, MI 49660
4 bd3 ba2,800 sqft0.75 ac
Single Family
For Sale
1/32
$499,000
6665 Lakeshore Road, Manistee, MI 49660
7 bd3 ba2,791 sqft2.09 ac
Single Family
For Sale
1/65
$499,000
4993 Little River Road, Manistee, MI 49660
2 bd1 ba43.73 ac
Single Family
For Sale
1/62
$499,000
4993 Little River Road, Manistee, MI 49660
2 bd1 ba600 sqft43.73 ac
Single Family
Under Contract
1/70
$450,000
414 Cedar Street, Manistee, MI 49660
4 bd2 ba2,580 sqft0.36 ac
Single Family
For Sale
1/15
$429,900
10991 US-31, Manistee, MI 49660
0 bd1 ba1 sqft7.20 ac
Single Family
Under Contract
1/50
$429,000
4207 W Jepson Road, Manistee, MI 49660
1 bd2 ba992 sqft10.01 ac
Single Family
For Sale
1/49
$425,000
86 Spinnaker Drive, Manistee, MI 49660
2 bd3 ba1,756 sqft
Condo
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
Under Contract
1/49
$398,000
4370 Red Apple Road, Manistee, MI 49660
4 bd2 ba2,303 sqft1.84 ac
Single Family
Recently Sold(197)
Frequently Asked Questions about Manistee
What is the current real estate inventory in Manistee?
Buyers in Manistee can choose from 85 active listings. The median asking price is $265,000.
What are home prices like in Manistee?
Based on 197 sales in the past year, homes in Manistee have a median price of $265,000.
What is the average days on market in Manistee?
Over the past year, homes in Manistee spent an average of 64 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 5.2 months of inventory, Manistee is currently a balanced market. This is based on 85 active listings and 197 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.