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Area data

Onaway, MI — ZIP 49765

Population: 4,333 (Census ACS)

The median home value in ZIP 49765 (Onaway, MI) is $197,149 — up 11.3% over the past year. Homes sell for a median $279,000 after a median 31 days on market. 4 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with lightning the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$197,149

Median home value

+11.3%

1-year change

31

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$197,149
1-year appreciation
+11.3%
3-year appreciation
+19.3%
5-year appreciation
+46.2%
10-year appreciation
+96.9%
All-time peak (2026-07)
$197,605
House Price Index (state)
400.5 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$279,000
Median list price
$169,900
Median price per sqft
$154
1-year sale-price change
+18.9%
Median days on market
31 days
Homes sold (recent period)
11
For-sale inventory
23
Sale-to-list ratio
93.6%
Active listings
18
New listings (monthly)
8

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$706/mo
1BR fair-market rent
$775/mo
2BR fair-market rent
$1,014/mo
3BR fair-market rent
$1,208/mo
4BR fair-market rent
$1,600/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
2
Charter schools
1
Avg student-teacher ratio
16.3 : 1
School districts serving the area
Presque Isle Academy, Onaway Area Community School District
Schools include
Presque Isle Academy, Onaway Middle School, Onaway Elementary School, Onaway Senior High School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
lightning
Notable hazard ratings (county)
hail: Relatively Low · coldWave: Relatively Low · lightning: Relatively Moderate · inlandFlooding: Relatively Low
Wildfire risk to homes (county)
Higher than 14% of US counties
Buildings in wildfire direct-exposure zone
70.4%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
44.0°F
Average high
55.0°F
Average low
34.0°F
Annual precipitation
29.7 in
Annual snowfall
77.6 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
8
Nearest airport
Presque Isle County Airport (4 mi)
Nearest major airport
Alpena County Regional Airport (APN) (25 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
MYMICHIGAN MEDICAL CENTER ALPENA
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
3.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+62 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,976
Housing built before 1970
39.1%
Housing built 2000 or later
16.2%
Median annual property tax
$1,160
Mean commute to work
24 min
Households with broadband internet
52.9%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
1,955
Average weekly wage
$1,017
Top industries (by employment)
Construction, Finance & Insurance, Other Services
Annual residential building permits (county)
50

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 49765State medianUS median
Median home value$197,149$242,800$288,527
Median sale price$279,000$265,000$325,000
Median days on market31 days36 days51 days
Median annual property tax$1,160$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 49765?
$197,149.
What is the median sale price in ZIP 49765?
$279,000.
How long do homes take to sell in ZIP 49765?
Median days on market: 31 days.
What is typical rent in ZIP 49765?
2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 49765?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: lightning.
What is the wildfire risk in ZIP 49765?
Risk to homes is higher than 14% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 49765?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 49765?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 49765?
4 schools (1 elementary, 1 middle, 2 high) (NCES, 2022-23).
What is the cost of living in ZIP 49765?
Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

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