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Featured local agent — Lake Ann, MI
Sarah Mitchell
Compass Real Estate · Lake Ann, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Ann, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$415,500median sale price
How is the Lake Ann, MI housing market right now?
The median home sale price in Lake Ann, MI is $415,500. Homes sell in an average of 9 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake Ann a buyer's or seller's market?
Lake Ann, MI is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 9 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
9
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
106.8%
Above asking
What does the Lake Ann housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $415,500 |
| Median list price | $389,000 |
| Average days on market | 9 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 106.8% |
| Median price per sq ft | $273/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Ann by property type?
How the Lake Ann, 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 | $415,500 | $273/sq ft | 1 | 9 days |
| Condo / Co-op | $180,000 | $315/sq ft | 1 | 68 days |
Source: Redfin · Updated monthly
The Lake Ann housing market is currently classified as a strong seller's market with a median sale price of $415,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 9 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 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Lake Ann
There are currently 1 homes listed for sale in Lake Ann, Michigan. The median listing price is $389K.
Active listings
1
Homes on market
Median list price
$389K
Avg. days on market
9
Days until sale
New this week
1
Newly listed
Who lives in Lake Ann?
Population
235
Median income
$87,500/yr
Median age
45.4 years
Owner-occupied
78.4%
College grads
36.1%
Avg commute
21.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Lake Ann?
Zillow home value
$414,116
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Lake Ann?
Lake Ann is a community of approximately 0K residents with a median age of 45.4 years.The median household income is $87,500, which reflects a relatively affluent area with strong earning potential. 36.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 78.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Ann offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Ann, MI?
Want a head-to-head view? Compare Lake Ann side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Ann?
The median home sale price in Lake Ann is $415,500, down 0.0% from last year.
How long do homes stay on market in Lake Ann?
Homes typically spend 9 days on market before going under contract.
What is the median income in Lake Ann?
The median household income is $87,500 per year.
Is Lake Ann a buyer's or seller's market?
With 1.0 months of supply, Lake Ann is currently a strong seller's market.
What is the Zillow home value estimate for Lake Ann?
The Zillow Home Value Index (ZHVI) for Lake Ann is $414,116, representing the typical home value in the area.
What is the median condo price in Lake Ann?
The median condo/co-op sale price in Lake Ann, MI is $180,000, compared to $415,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake Ann?
The median single-family home price in Lake Ann, MI is $415,500 (about $273 per square foot).
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