Sylvan Lake, MI
Housing market overview · Updated weekly
$350,000median sale price
Homes sold
1
Last 12 weeks
Days on market
18
Fast-moving
Active listings
4
4.0 months supply
Sale-to-list
65.4%
Below asking
The Sylvan Lake housing market is currently classified as a leaning buyer's with a median sale price of $350,000. Prices have risen 23.5% compared to last year, with homes spending an average of 18 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.
Market trends
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Frequently asked questions
What is the average home price in Sylvan Lake?
The median home sale price in Sylvan Lake is $350,000, up 23.5% from last year.
How long do homes stay on market in Sylvan Lake?
Homes typically spend 18 days on market before going under contract.
Is Sylvan Lake a buyer's or seller's market?
With 4.0 months of supply, Sylvan Lake is currently a leaning buyer's.
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