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Featured local agent — Interlochen, MI
Sarah Mitchell
Compass Real Estate · Interlochen, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Interlochen, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$425,000median sale price
How is the Interlochen, MI housing market right now?
The median home sale price in Interlochen, MI is $425,000. Homes sell in an average of 172 days. The market is currently a buyer'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 Interlochen a buyer's or seller's market?
Interlochen, MI is currently a buyer's market and homes selling in about 172 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
172
Average pace
Active listings
—
Sale-to-list
94.7%
Below asking
What does the Interlochen housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $425,000 |
| Median list price | $365,000 |
| Average days on market | 172 days |
| Sale-to-list price ratio | 94.7% |
| Median price per sq ft | $187/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Interlochen by property type?
How the Interlochen, 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 | $425,000 | $187/sq ft | 1 | 172 days |
| Condo / Co-op | $354,000 | $311/sq ft | 1 | 80 days |
Source: Redfin · Updated monthly
The Interlochen housing market is currently classified as a buyer's market with a median sale price of $425,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 172 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Interlochen
Explore homes currently listed for sale in Interlochen, Michigan across major real estate platforms.
Who lives in Interlochen?
Population
538
Median income
$80,625/yr
Median age
62.1 years
Owner-occupied
84.6%
College grads
25.3%
Avg commute
30.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Interlochen?
Zillow home value
$377,240
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Interlochen?
Interlochen is a community of approximately 1K residents with a median age of 62.1 years.The median household income is $80,625, which reflects a relatively affluent area with strong earning potential. 25.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 84.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Interlochen offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Interlochen?
1 schools tracked · 187 students
The largest public schools serving Interlochen, 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.
Lake Ann Elementary School
Grades PK-5 · 187 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 Interlochen, MI?
Want a head-to-head view? Compare Interlochen side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Interlochen?
The median home sale price in Interlochen is $425,000, down 0.0% from last year.
How long do homes stay on market in Interlochen?
Homes typically spend 172 days on market before going under contract.
What is the median income in Interlochen?
The median household income is $80,625 per year.
What is the Zillow home value estimate for Interlochen?
The Zillow Home Value Index (ZHVI) for Interlochen is $377,240, representing the typical home value in the area.
What is the median condo price in Interlochen?
The median condo/co-op sale price in Interlochen, MI is $354,000, compared to $425,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Interlochen?
The median single-family home price in Interlochen, MI is $425,000 (about $187 per square foot).
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