Lake County, MI Home Values & Market Trends
The median home price in Lake County, MI is $134,266.86. There were 0 home sales in Lake County, MI over the past 12 months. The median residential Lake County, MI home value for transactions over the previous year is $0. The number of current listings in Lake County, MI is 49, and the percentage of properties for sale is 49.00%. The county has 3 foreclosures, 0 bank owned properties, 3 headed for auction, and 49 properties for sale.
Lake County, MI Real Estate Market Overview
Housing Market Summary for Lake County, MI
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $175K | $0 | -100.00% |
Median Sold Price | $0 | $0 | - |
Homes For Sale | 31 | 48 | 54.84% |
Homes Sold | 0 | 0 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake County, MI
Browse Homes in Lake County, MI
Lake County, MI home values range from $21,749 to $12,184,469. Irons is the priciest city with a median listing home price of $242,000, and Idlewild is most affordable with average house prices of around $50,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Lake County, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Lake County, MI; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake County, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lake County, MI. There are 5 cities within Lake County, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsBaldwin has 2 auction properties, the highest number of properties going to auction in a single city in the state of Lake County, MI. Auction homes and other auction properties account for 0.02% of all properties in Lake County, MI. There are 5 cities within Lake County, MI; of those cities, the median estimated home value for homes going to auction ranges from $132,825 in Baldwin to the lowest value of $106,463 in Baldwin.
Compare Nearby Cities
More Real Estate Resources for Lake County, MI
Guide for Lake County, MI
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
The Salt Lake City real estate market is experiencing significant shifts, as average property values have dropped citywide. However, neighbourhood trends vary, with West Valley City seeing a slight rise in property values, while others like North Salt Lake show a decline. This fluctuation highlights the importance of localized analysis in real estate investment.
The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.
Why Buying a Foreclosure is a Smart Move