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Featured local agent — Lake Michigan Beach, MI
Sarah Mitchell
Compass Real Estate · Lake Michigan Beach, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Michigan Beach, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$108,500median sale price
How is the Lake Michigan Beach, MI housing market right now?
The median home sale price in Lake Michigan Beach, MI is $108,500, down 27.7% year-over-year. Homes sell in an average of 31 days with 2 active listings. The market is currently a 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 Michigan Beach a buyer's or seller's market?
Lake Michigan Beach, MI is currently a seller's market, based on 2.0 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
31
Average pace
Active listings
2
2.0 months supply
Sale-to-list
100.0%
Above asking
What does the Lake Michigan Beach housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $108,500 |
| Median list price | $273,000 |
| Year-over-year price change | -27.7% |
| Average days on market | 31 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $107/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 Lake Michigan Beach by property type?
How the Lake Michigan Beach, 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 | $108,500 | $107/sq ft | 1 | 31 days |
| Condo / Co-op | $150,000 | $240/sq ft | 1 | 2 days |
Source: Redfin · Updated monthly
The Lake Michigan Beach housing market is currently classified as a seller's market with a median sale price of $108,500. Prices have fallen 27.7% compared to last year, with homes spending an average of 31 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lake Michigan Beach
There are currently 2 homes listed for sale in Lake Michigan Beach, Michigan. The median listing price is $273K.
Active listings
2
Homes on market
Median list price
$273K
Avg. days on market
31
Days until sale
New this week
1
Newly listed
Who lives in Lake Michigan Beach?
Population
914
Median income
$61,250/yr
Median age
52.8 years
Owner-occupied
87.5%
College grads
31.9%
Avg commute
27.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Lake Michigan Beach?
Lake Michigan Beach is a community of approximately 1K residents with a median age of 52.8 years.The median household income is $61,250, which represents a working-class community with solid middle-income opportunities. 31.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 87.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Michigan Beach offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Michigan Beach, MI?
Want a head-to-head view? Compare Lake Michigan Beach 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 Michigan Beach?
The median home sale price in Lake Michigan Beach is $108,500, down 27.7% from last year.
How long do homes stay on market in Lake Michigan Beach?
Homes typically spend 31 days on market before going under contract.
What is the median income in Lake Michigan Beach?
The median household income is $61,250 per year.
Is Lake Michigan Beach a buyer's or seller's market?
With 2.0 months of supply, Lake Michigan Beach is currently a seller's market.
What is the median condo price in Lake Michigan Beach?
The median condo/co-op sale price in Lake Michigan Beach, MI is $150,000, compared to $108,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake Michigan Beach?
The median single-family home price in Lake Michigan Beach, MI is $108,500 (about $107 per square foot).
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