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Featured local agent — Manitou Beach-Devils Lake, MI
Sarah Mitchell
Compass Real Estate · Manitou Beach-Devils Lake, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Manitou Beach-Devils Lake, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$925,000median sale price
How is the Manitou Beach-Devils Lake, MI housing market right now?
The median home sale price in Manitou Beach-Devils Lake, MI is $925,000, up 73.6% year-over-year. Homes sell in an average of 49 days with 24 active listings. The market is currently a balanced 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 Manitou Beach-Devils Lake a buyer's or seller's market?
Manitou Beach-Devils Lake, MI is currently a balanced market, based on 3.0 months of supply and homes selling in about 49 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
49
Average pace
Active listings
24
3.0 months supply
Sale-to-list
95.8%
Below asking
What does the Manitou Beach-Devils Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $925,000 |
| Median list price | $549,900 |
| Year-over-year price change | +73.6% |
| Average days on market | 49 days |
| Active inventory | 24 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 95.8% |
| Median price per sq ft | $461/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 9 |
| Listings with a price cut | 12.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Manitou Beach-Devils Lake by property type?
How the Manitou Beach-Devils Lake, 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 | $925,000 | $461/sq ft | 8 | 49 days |
Source: Redfin · Updated monthly
The Manitou Beach-Devils Lake housing market is currently classified as a balanced market with a median sale price of $925,000. Prices have risen 73.6% compared to last year, with homes spending an average of 49 days on market, indicating 3.0 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 Manitou Beach-Devils Lake
There are currently 24 homes listed for sale in Manitou Beach-Devils Lake, Michigan. The median listing price is $550K.
Active listings
24
Homes on market
Median list price
$550K
Avg. days on market
49
Days until sale
New this week
9
Newly listed
Who lives in Manitou Beach-Devils Lake?
Population
2,062
Median income
$85,777/yr
Median age
58.6 years
Owner-occupied
96.5%
College grads
45.4%
Avg commute
40.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Manitou Beach-Devils Lake?
Manitou Beach-Devils Lake is a community of approximately 2K residents with a median age of 58.6 years.The median household income is $85,777, which reflects a relatively affluent area with strong earning potential. 45.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 96.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 40.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Manitou Beach-Devils Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Manitou Beach-Devils Lake, MI?
Want a head-to-head view? Compare Manitou Beach-Devils Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Manitou Beach-Devils Lake?
The median home sale price in Manitou Beach-Devils Lake is $925,000, up 73.6% from last year.
How long do homes stay on market in Manitou Beach-Devils Lake?
Homes typically spend 49 days on market before going under contract.
What is the median income in Manitou Beach-Devils Lake?
The median household income is $85,777 per year.
Is Manitou Beach-Devils Lake a buyer's or seller's market?
With 3.0 months of supply, Manitou Beach-Devils Lake is currently a balanced market.
How much does a single-family home cost in Manitou Beach-Devils Lake?
The median single-family home price in Manitou Beach-Devils Lake, MI is $925,000 (about $461 per square foot).
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