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Featured local agent — Fife Lake, MI
Sarah Mitchell
Compass Real Estate · Fife Lake, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fife Lake, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$400,000median sale price
How is the Fife Lake, MI housing market right now?
The median home sale price in Fife Lake, MI is $400,000, up 23.1% year-over-year. Homes sell in an average of 10 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fife Lake a buyer's or seller's market?
Fife Lake, MI is currently a seller's market, based on 1.0 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
10
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
95.5%
Below asking
What does the Fife Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $400,000 |
| Median list price | $235,900 |
| Year-over-year price change | +23.1% |
| Average days on market | 10 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 95.5% |
| Median price per sq ft | $235/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Fife Lake by property type?
How the Fife Lake, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $400,000 | $235/sq ft | 1 | 10 days |
Source: Redfin · Updated monthly
The Fife Lake housing market is currently classified as a seller's market with a median sale price of $400,000. Prices have risen 23.1% compared to last year, with homes spending an average of 10 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Fife Lake
There are currently 1 homes listed for sale in Fife Lake, Michigan. The median listing price is $236K.
Active listings
1
Homes on market
Median list price
$236K
Avg. days on market
10
Days until sale
New this week
1
Newly listed
Who lives in Fife Lake?
Population
359
Median income
$67,188/yr
Median age
49.3 years
Owner-occupied
86.2%
College grads
24.4%
Avg commute
37.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Fife Lake?
Zillow home value
$248,057
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Fife Lake?
Fife Lake is a community of approximately 0K residents with a median age of 49.3 years.The median household income is $67,188, which represents a working-class community with solid middle-income opportunities. 24.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 86.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 37.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Fife Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Fife Lake?
3 schools tracked · 509 students
The largest public schools serving Fife Lake, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Forest Area Middle School
Grades 4-8 · 190 students
Forest Area High School
Grades 9-12 · 172 students
Fife Lake Elementary School
Grades PK-3 · 147 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Fife Lake, MI?
Want a head-to-head view? Compare Fife Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Fife Lake?
The median home sale price in Fife Lake is $400,000, up 23.1% from last year.
How long do homes stay on market in Fife Lake?
Homes typically spend 10 days on market before going under contract.
What is the median income in Fife Lake?
The median household income is $67,188 per year.
Is Fife Lake a buyer's or seller's market?
With 1.0 months of supply, Fife Lake is currently a seller's market.
What is the Zillow home value estimate for Fife Lake?
The Zillow Home Value Index (ZHVI) for Fife Lake is $248,057, representing the typical home value in the area.
How much does a single-family home cost in Fife Lake?
The median single-family home price in Fife Lake, MI is $400,000 (about $235 per square foot).
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