Housing in Mancelona, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$189,612
Mancelona vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Mancelona is highlighted.
Median Home Value
32nd%ilemost expensive$123,900show rank
Median Rent
51st%ilemost expensive rent$956show rank
Rent Burden
75th%ilehighest rent burden22.7%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$123,900
Median Rent
$956
Total Housing Units
678
Vacancy Rate
4.0%
Owner Occupied
68.2%
Renter Occupied
31.8%
Median Property Tax
$1,430
per year
Monthly Cost (w/ Mortgage)
$752
Housing Types
Single Family73.2%
Multi-Family21.8%
Mobile Home5.0%
The median home value in Mancelona, MI is $123,900. According to Zillow, the home value index for Mancelona is $189,612. The median rent is $956 per month (Census ACS). About 68.2% of housing units are owner-occupied. The median year homes were built is 1967. There are 678 total housing units.