Lake County, MI Home Values & Market Trends
The median home price in Lake County, MI is $187,615. There were 0 home sales in Lake County, MI over the past 12 months. The median residential Lake County, MI home value for transactions over the previous year is $0. The number of current listings in Lake County, MI is 397, and the percentage of properties for sale is 397.00%. The county has 2 foreclosures, 0 bank owned properties, 2 headed for auction, and 397 properties for sale.
Lake County, MI Real Estate Market Overview
Housing Market Summary for Lake County, MI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $175K | $174.9K | -0.03% |
| Median Sold Price | $0 | $0 | - |
| Homes For Sale | 326 | 383 | 17.48% |
| Homes Sold | 0 | 0 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake County, MI
Browse Homes in Lake County, MI
Lake County, MI home values range from $27,086 to $1,441,160. Irons is the priciest city with a median listing home price of $199,000, and Idlewild is most affordable with average house prices of around $143,500.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Lake County, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Lake County, MI; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake County, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lake County, MI. There are 5 cities within Lake County, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsLuther has 1 auction properties, the highest number of properties going to auction in a single city in the state of Lake County, MI. Auction homes and other auction properties account for 0.50% of all properties in Lake County, MI. There are 5 cities within Lake County, MI; of those cities, the median estimated home value for homes going to auction ranges from $223,323 in Luther to the lowest value of $81,614 in Luther.
Compare Nearby Cities
More Real Estate Resources for Lake County, MI
Guide for Lake County, MI
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.