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Median sale price
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ZIP 48632 in Lake, MI: housing market trends

The median home sale price in ZIP 48632 in Lake, MI was $172,649 for the three-month period ending September 2026. Sale prices were 1.9% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$172,649
three-month period ending September 2026
Median sale price per sq ft
$144.62
three-month period ending September 2026
Active listings
110
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 110 active listings for the three-month period ending September 2026. Active listings were 3.5% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 44 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 48632 in Lake, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$172,649$144.6236
Single-familySeptember 2026$172,856$145.5335
Condos / co-opsSeptember 2026$84,997$119.721 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 48632 in Lake, MI
MarketMedian sale priceReporting period / source
Lake, MIUnavailableMonth ending unavailable date · Zillow
Sears, MIUnavailableMonth ending unavailable date · Zillow
Barryton, MI$111,5973 months ending September 2026 · Redfin
Farwell, MI$119,8433 months ending September 2026 · Redfin
Weidman, MI$187,4113 months ending September 2026 · Redfin
Evart, MI$141,9323 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 48632 in Lake, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$172,649$144.62110
August 2026$172,900$158.33111
July 2026$179,000$176.22101
June 2026$157,100$168.4792
May 2026$166,200$149.1879
April 2026$149,200$113.0656
March 2026$153,750$111.3150
February 2026$150,500$110.5747
January 2026$175,000$152.6752
December 2025$192,500$152.9866
November 2025$182,500$146.8684
October 2025$156,500$148.17100
September 2025$176,000$148.85114
August 2025$154,250$155.00114
July 2025$220,000$162.04101
June 2025$180,000$161.8085
May 2025$224,808$160.1262
April 2025$134,950$115.7861
March 2025$140,000$114.9053
February 2025$176,000$142.7154
January 2025$137,500$142.7156
December 2024$165,000$142.7165
November 2024$131,250$117.2767
October 2024$174,900$129.5582

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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