Manitou Beach-Devils Lake, MI

Buyer's market-66.2% YoY

Housing market overview · Updated weekly

$232,500median sale price

Homes sold

2

Last 12 weeks

Days on market

250

Average pace

Active listings

13

6.5 months supply

Sale-to-list

97.5%

Below asking

The Manitou Beach-Devils Lake housing market is currently classified as a buyer's market with a median sale price of $232,500. Prices have fallen 66.2% compared to last year, with homes spending an average of 250 days on market, indicating 6.5 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 Manitou Beach-Devils Lake

There are currently 13 homes listed for sale in Manitou Beach-Devils Lake, Michigan. The median listing price is $650K.

Active listings

13

Homes on market

Median list price

$650K

Avg. days on market

250

Days until sale

New this week

3

Newly listed

Price drops:15.4%of listings
Sale-to-list:97.5%

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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 $232,500, down 66.2% from last year.

How long do homes stay on market in Manitou Beach-Devils Lake?

Homes typically spend 250 days on market before going under contract.

Is Manitou Beach-Devils Lake a buyer's or seller's market?

With 6.5 months of supply, Manitou Beach-Devils Lake is currently a buyer's market.

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