Is Lake, MI 48632 a buyer’s or seller’s market?
Lake is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Competition score44/ 100
More competitive than 44% of U.S. ZIP codes, and #395 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply6Under 4 months = seller’s market
Sold above original list22.8%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market32Listing to accepted offer
Median price per sq ft$158▲ +2.1% vs. last year
Run the numbers for 48632
Nearby markets
Clare 48617Seller’s market $148 /sq ftFarwell 48622Seller’s market $135 /sq ftHarrison 48625Seller’s market $135 /sq ft Browse all markets →Local agents
See all agents in 48632 →No sponsored agents in 48632 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 48632
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology