Land and home values in Presque Isle County, Michigan
Presque Isle County (rural) covers 659 square miles and 7 census tracts. Residential land is about $12.30 per sq ft at the county median, from $2.35 in its most rural tracts to $14.20 in its most valuable. The typical home is worth about $211,000 and a 2-bedroom rents for about $970 a month, as of October 12, 2026.
Open on the satellite mapAll of MichiganCounty values
| Land: residential | $12.30 | per sq ft |
| Land: residential | $535,788 | per acre |
| Land: quarter-acre lot | $133,947 | 10,890 sq ft |
| Land: farmland | $4,660 | per acre |
| Home: typical (median) | $211,000 | value |
| Home: entry-level | $121,000 | lower quartile |
| Home: upper-end | $321,000 | upper quartile |
| Build new | $194 | per sq ft, no land |
| Rent: 1-bedroom | $740 | per month |
| Rent: 2-bedroom | $970 | per month |
| Rent: 3-bedroom | $1,170 | per month |
| Rent: 4-bedroom | $1,510 | per month |
| Gross yield, 2-bed | 5.5% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Rural | 6 | $12.30 | $211,000 | $970 |
| Farmland | 1 | $9.65 | $176,000 | $975 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Presque Isle Harbor | Community | $13.80 | $293,000 |
| Posen | Town | $7.07 | $91,600 |
| Millersburg | Town | $5.97 | $97,800 |
| Twin Lakes Association | Subdivision | $4.75 | $163,000 |
| Onaway | Town | $4.68 | $81,000 |
| Trout River Estates "V" | Subdivision | $4.35 | $157,000 |
| Shady Grove Village | Subdivision | $3.60 | $141,000 |
| Jamestown Apartments | Subdivision | $3.50 | $140,000 |
Questions people ask
How much is land worth in Presque Isle County, MI?
Residential land in Presque Isle County, MI is about $12.30 per square foot, or $535,788 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $133,947. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Presque Isle County, MI?
The typical (median) home in Presque Isle County, MI is worth about $211,000, with entry-level homes around $121,000 and upper-end homes around $321,000, as of October 2026.
How much is rent in Presque Isle County, MI?
A 2-bedroom rents for about $970 a month in Presque Isle County, MI, a 1-bedroom about $740 and a 3-bedroom about $1,170 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Presque Isle County, MI?
Farmland averages about $4,660 an acre in Presque Isle County, MI (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.