Lake, MI Real Estate Market Summary – September 8, 2026
The real estate market in Lake, MI has seen a total of 2 properties sold in the past 30 days, indicating a consistent activity level. Homes in this area had an average living area of 3,914 square feet and a median sale price of $1,544,950.
| Metric | 30 Days |
|---|---|
| Number Sold | 2 |
| Sold Per Day | 1 every 15.00 days |
| Average SQFT | 3914 |
| Median Sales Price | $1,544,950 |
| Average Sales Price | $1,544,950 |
| Average Price Per SQFT | $327 |
| Average Days on Market | 19 |
| Average Year Built | 2011 |
Lake, MI Single Family Home Analysis
For single-family homes, 2 properties were sold in the last 30 days, with an average living area of 3,914 square feet. The median sale price for these homes also stood at $1,544,950, with an average of 19 days spent on the market before concluding the transaction.
| Metric | 30 Days |
|---|---|
| Number Sold | 2 |
| Sold Per Day | 1 every 15.00 days |
| Average SQFT | 3914 |
| Median Sales Price | $1,544,950 |
| Average Sales Price | $1,544,950 |
| Average Price Per SQFT | $327 |
| Average Days on Market | 19 |
| Average Year Built | 2011 |
Lake, MI Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- Listing pace is 1 every 15.00 days.
- Average days on market was 19 days.
- Median sale price was $1,544,950 for the entire market.
- No condo or townhome sales were recorded in this period.
Conclusion
Overall, the market in Lake, MI reflects stable conditions for single-family homes, with consistent pricing and a relatively short time on the market. The absence of sales in the condo and townhome segment indicates a need for more data in that category.