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Featured local agent — Lake Isabella, MI
Sarah Mitchell
Compass Real Estate · Lake Isabella, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Isabella, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$202,000median sale price
How is the Lake Isabella, MI housing market right now?
The median home sale price in Lake Isabella, MI is $202,000, down 47.2% year-over-year. Homes sell in an average of 39 days with 20 active listings. The market is currently a leaning buyer's. (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 Lake Isabella a buyer's or seller's market?
Lake Isabella, MI is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 39 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
39
Average pace
Active listings
20
4.0 months supply
Sale-to-list
95.9%
Below asking
What does the Lake Isabella housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $202,000 |
| Median list price | $502,450 |
| Year-over-year price change | -47.2% |
| Average days on market | 39 days |
| Active inventory | 20 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 95.9% |
| Median price per sq ft | $164/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 14 |
| Listings with a price cut | 20.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Lake Isabella by property type?
How the Lake Isabella, 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 | $202,000 | $164/sq ft | 5 | 39 days |
| Condo / Co-op | $145,000 | $132/sq ft | 2 | 58 days |
Source: Redfin · Updated monthly
The Lake Isabella housing market is currently classified as a leaning buyer's with a median sale price of $202,000. Prices have fallen 47.2% compared to last year, with homes spending an average of 39 days on market, indicating 4.0 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 3.5x provides context for how home values compare to local earning capacity.
Homes for sale in Lake Isabella
There are currently 20 homes listed for sale in Lake Isabella, Michigan. The median listing price is $502K.
Active listings
20
Homes on market
Median list price
$502K
Avg. days on market
39
Days until sale
New this week
14
Newly listed
Who lives in Lake Isabella?
Population
1,931
Median income
$76,923/yr
Median age
46.6 years
Owner-occupied
95.8%
College grads
30.8%
Avg commute
25.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Lake Isabella?
Zillow home value
$269,364
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Lake Isabella?
Lake Isabella is a community of approximately 2K residents with a median age of 46.6 years.The median household income is $76,923, which reflects a relatively affluent area with strong earning potential. 30.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 95.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Isabella offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Isabella, MI?
Want a head-to-head view? Compare Lake Isabella 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 Isabella?
The median home sale price in Lake Isabella is $202,000, down 47.2% from last year.
How long do homes stay on market in Lake Isabella?
Homes typically spend 39 days on market before going under contract.
What is the median income in Lake Isabella?
The median household income is $76,923 per year.
Is Lake Isabella a buyer's or seller's market?
With 4.0 months of supply, Lake Isabella is currently a leaning buyer's.
What is the Zillow home value estimate for Lake Isabella?
The Zillow Home Value Index (ZHVI) for Lake Isabella is $269,364, representing the typical home value in the area.
What is the median condo price in Lake Isabella?
The median condo/co-op sale price in Lake Isabella, MI is $145,000, compared to $202,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake Isabella?
The median single-family home price in Lake Isabella, MI is $202,000 (about $164 per square foot).
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