Houses For Sale in Lake City, MI

Sold By Stevo
Lake City, MI 49651
Market Overview
Market Balance
Balanced
Buyer's
Seller's
Lake City is currenty a
Seller's Market

A seller’s market exists when the number of home buyers exceeds the number of homes offered for sale. Sellers will benefit because high demand and low inventory will drive up prices.

Area Demographics
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Total Population
883
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Population Density
843
/sq mi.
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Median YEARLY income
$24,179
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MEDIAN AGE
37
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COLLEGE EDUCATED
22%
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Owner/renter divide
78% / 22%
Listing Stats
Average List Price
-68.0%
Since last Year
2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 100,000 100,000 200,000 200,000 300,000 300,000 400,000 400,000 500,000 500,000 600,000 600,000
Number of New Homes on Market
+700.0%
Since last Year
2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 5 5 10 10 15 15 20 20 25 25 30 30
Average Sale Price
+43.8%
Since last Year
2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 50,000 50,000 100,000 100,000 150,000 150,000 200,000 200,000 250,000 250,000
Number of Sold Homes
-33.3%
Since last Year
2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 5 5 10 10 15 15 20 20 25 25 30 30 35 35
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 0.5 0.5 1.0 1.0 1.5 1.5 2.0 2.0
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