A+
46%
Med. Home Val. NAT. AVG.
100%
Rent NAT. AVG.
51%
Owner Occ. NAT. AVG.
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Bear Lake Housing Information

IndexBear LakeMichiganNational
Median home price$98,900$127,800$184,700
Median rent asked$0$799$949
Avg. people per household1.82.52.6
Owner occupied households96.3%70.8%63.6%
Renter occupied households3.7%29.2%36.4%
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Housing Quick Facts

  • The median home price in Bear Lake is 46% lower than the national average.
  • The median rent asked in Bear Lake is 100% lower than the national average.
  • The average number of people per household in Bear Lake is 30% lower than the national average.
  • The number of owner occupied households in Bear Lake is 51% higher than the national average.
  • The number of renter occupied households in Bear Lake is 90% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Bear Lake village, MI261$67,00064%
      Mancelona, MI1,708$78,30058%
      Grayling, MI1,969$85,10054%
      Kalkaska, MI2,230$90,80051%
      Manistee Lake, MI527$117,50036%
      Bear Lake, MI371$98,90046%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Gilbert, WV371$108,80041%
      Monterey, LA371$145,80021%
      Florence, SD371$96,60048%
      Farmersburg, IA371$67,60063%
      New Point, IN371$100,50046%
      Bear Lake, MI371$98,90046%
      Source: The Bear Lake, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).