Houses For Sale in Lake, MI

Sold By Stevo
Lake, MI 48632
Market Overview
Market Balance
Balanced
Buyer's
Seller's
Lake is currenty a
Buyer's Market

In a buyer’s market, there is an overabundance of homes for sale compared to the demand. Buyers have the advantage because sellers will be motivated to negotiate price and terns in order to sell their property.

Area Demographics
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Total Population
9597
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Population Density
2,020
/sq mi.
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Median YEARLY income
$26,120
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MEDIAN AGE
39
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COLLEGE EDUCATED
27%
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Owner/renter divide
53% / 47%
Listing Stats
Average List Price
-0.8%
Since last Year
2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 20,000 20,000 40,000 40,000 60,000 60,000 80,000 80,000 100,000 100,000 120,000 120,000 140,000 140,000
Number of New Homes on Market
+750.0%
Since last Year
2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 2 2 4 4 6 6 8 8 10 10 12 12 14 14 16 16
Average Sale Price
+56.8%
Since last Year
2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 20,000 20,000 40,000 40,000 60,000 60,000 80,000 80,000 100,000 100,000 120,000 120,000 140,000 140,000 160,000 160,000 180,000 180,000
Number of Sold Homes
+333.3%
Since last Year
2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 2 2 4 4 6 6 8 8 10 10 12 12
Distribution of Listing Price
$0 - $149K $0 - $149K $150K - $299K $150K - $299K $300K - $499K $300K - $499K $500K - $749K $500K - $749K $750K - $999K $750K - $999K $1M+ $1M+ 0.0 0.0 0.2 0.2 0.4 0.4 0.6 0.6 0.8 0.8 1.0 1.0
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