Manistee Lake, MI

Buyer's market

Housing market overview · Updated weekly

$239,000median sale price

Homes sold

1

Last 12 weeks

Days on market

283

Average pace

Active listings

11

11.0 months supply

Sale-to-list

100.0%

Above asking

The Manistee Lake housing market is currently classified as a buyer's market with a median sale price of $239,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 283 days on market, indicating 11.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Manistee Lake

There are currently 11 homes listed for sale in Manistee Lake, Michigan.

Active listings

11

Homes on market

Avg. days on market

283

Days until sale

Price drops:18.2%of listings
Sale-to-list:100.0%

Explore nearby cities in MI

Frequently asked questions

What is the average home price in Manistee Lake?

The median home sale price in Manistee Lake is $239,000, down 0.0% from last year.

How long do homes stay on market in Manistee Lake?

Homes typically spend 283 days on market before going under contract.

Is Manistee Lake a buyer's or seller's market?

With 11.0 months of supply, Manistee Lake is currently a buyer's market.

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