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Featured local agent — Suttons Bay, MI
Sarah Mitchell
Compass Real Estate · Suttons Bay, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Suttons Bay, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$640,000median sale price
How is the Suttons Bay, MI housing market right now?
The median home sale price in Suttons Bay, MI is $640,000, up 52.4% year-over-year. Homes sell in an average of 204 days with 16 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Suttons Bay a buyer's or seller's market?
Suttons Bay, MI is currently a buyer's market, based on 16.0 months of supply and homes selling in about 204 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
204
Average pace
Active listings
16
16.0 months supply
Sale-to-list
94.8%
Below asking
What does the Suttons Bay housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $640,000 |
| Median list price | $899,000 |
| Year-over-year price change | +52.4% |
| Average days on market | 204 days |
| Active inventory | 16 listings |
| Months of supply | 16.0 months |
| Sale-to-list price ratio | 94.8% |
| Median price per sq ft | $444/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 6 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Suttons Bay by property type?
How the Suttons Bay, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $612,000 | $265/sq ft | 3 | 57 days |
| Condo / Co-op | $640,000 | $444/sq ft | 1 | 204 days |
Source: Redfin · Updated monthly
The Suttons Bay housing market is currently classified as a buyer's market with a median sale price of $640,000. Prices have risen 52.4% compared to last year, with homes spending an average of 204 days on market, indicating 16.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Suttons Bay
There are currently 16 homes listed for sale in Suttons Bay, Michigan. The median listing price is $899K.
Active listings
16
Homes on market
Median list price
$899K
Avg. days on market
204
Days until sale
New this week
6
Newly listed
Who lives in Suttons Bay?
Population
587
Median income
$123,125/yr
Median age
69.4 years
Owner-occupied
82.4%
College grads
63.7%
Avg commute
14.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Suttons Bay?
Zillow home value
$654,043
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Suttons Bay?
Suttons Bay is a community of approximately 1K residents with a median age of 69.4 years.The median household income is $123,125, which reflects a relatively affluent area with strong earning potential. 63.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 82.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 14.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Suttons Bay offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Suttons Bay?
3 schools tracked · 551 students
The largest public schools serving Suttons Bay, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Suttons Bay Elementary Middle School
Grades PK-8 · 225 students
Suttons Bay Virtual School
Grades K-12 · 183 students
Suttons Bay Senior High School
Grades 9-12 · 143 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Suttons Bay, MI?
Want a head-to-head view? Compare Suttons Bay side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Suttons Bay?
The median home sale price in Suttons Bay is $640,000, up 52.4% from last year.
How long do homes stay on market in Suttons Bay?
Homes typically spend 204 days on market before going under contract.
What is the median income in Suttons Bay?
The median household income is $123,125 per year.
Is Suttons Bay a buyer's or seller's market?
With 16.0 months of supply, Suttons Bay is currently a buyer's market.
What is the Zillow home value estimate for Suttons Bay?
The Zillow Home Value Index (ZHVI) for Suttons Bay is $654,043, representing the typical home value in the area.
What is the median condo price in Suttons Bay?
The median condo/co-op sale price in Suttons Bay, MI is $640,000, compared to $612,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Suttons Bay?
The median single-family home price in Suttons Bay, MI is $612,000 (about $265 per square foot).
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