Onekama, MI housing market
The typical Onekama home is worth about $348,000, up 11.5% in a year, 31% above the Michigan typical home.
Home values, sales, trends and how Onekama compares with the towns next door — updated as new data is published.
Onekama at a glance
Typical home value, 2016–2026
Show as a table
| January | Onekama | Michigan |
|---|---|---|
| 2017 | $186,000 | $144,000 |
| 2018 | $202,000 | $155,000 |
| 2019 | $224,000 | $165,000 |
| 2020 | $221,000 | $175,000 |
| 2021 | $244,000 | $194,000 |
| 2022 | $301,000 | $217,000 |
| 2023 | $301,000 | $230,000 |
| 2024 | $295,000 | $241,000 |
| 2025 | $305,000 | $253,000 |
| 2026 | $330,000 | $262,000 |
| August 2026 | $348,000 | $266,000 |
Onekama and its neighbors
4.9 years of income
The typical Onekama home costs about 4.9 years of the town's median household income, more than across Michigan (3.7 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,100
HUD's Fair Market Rent for a two-bedroom in Onekama is $1,100 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Onekama pay a median of $1,517. A two-bedroom takes about 19% of the town's median household income.
Studio $780 · 4 bedrooms $1,450
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49614, 49660, 49675; Manistee County, MI), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.