Sylvan Lake, MI Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Sylvan Lake, MI is $350,000, up 23.5% year-over-year. Homes sell in an average of 18 days with 4 active listings. The market is currently a leaning buyer's.
$350,000median sale price
Is Sylvan Lake a buyer's or seller's market?
Sylvan Lake, MI is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 18 days. How we determine this →
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
Sylvan Lake, MI market data
| Metric | Value |
|---|---|
| Median sale price | $350,000 |
| Median list price | $469,900 |
| Year-over-year price change | +23.5% |
| Average days on market | 18 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 65.4% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
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
Homes for sale in Sylvan Lake
There are currently 4 homes listed for sale in Sylvan Lake, Michigan. The median listing price is $470K.
Active listings
4
Homes on market
Median list price
$470K
Avg. days on market
18
Days until sale
New this week
1
Newly listed
Explore nearby cities in MI
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.
Get Sylvan Lake market alerts
Weekly updates on prices, inventory, and trends. Free forever.