Active Listings
18
⇩ 45.5% vs 33 last year
Population: 5,028 · Density: 15.8/mi² · Median household income: $49,722
Typical home value: $129,405 · Homeownership: 91.2%
Data as of January 2026. Source: Realtor.com.
The LAKE, MI real estate market (48632) currently shows 18 active listings, with 4 pending sales. Homes are averaging 97 days on the market before going under contract.
Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 97 days on market compared to 125 days last year.
The median listing price has fallen 9.7% year-over-year, from $193,725 to $175,000.
Whether you are buying or selling in LAKE, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48632 | Lake, MI 48632 | 0.0 mi | 18 | $3,798,594 | $175,000 | $211,033 |
| 48622 | Farwell, MI 48622 | 6.9 mi | 20 | $16,093,760 | $269,900 | $804,688 |
| 48893 | Weidman, MI 48893 | 12.1 mi | 21 | $7,413,231 | $280,900 | $353,011 |
| 48617 | Clare, MI 48617 | 15.1 mi | 14 | $3,307,808 | $227,444 | $236,272 |
| 48878 | Rosebush, MI 48878 | 15.7 mi | 4 | $1,217,332 | $325,000 | $304,333 |
| 49340 | Remus, MI 49340 | 16.8 mi | 10 | $9,565,880 | $372,450 | $956,588 |
| 49342 | Rodney, MI 49342 | 18.7 mi | 5 | $1,291,165 | $219,900 | $258,233 |
| 49332 | Mecosta, MI 49332 | 19.6 mi | 8 | $2,289,064 | $299,950 | $286,133 |
| 49310 | Blanchard, MI 49310 | 23.6 mi | 6 | $993,750 | $162,500 | $165,625 |
| 48618 | Coleman, MI 48618 | 24.5 mi | 12 | $3,728,040 | $270,000 | $310,670 |
| 49657 | McBain, MI 49657 | 26.0 mi | 3 | $659,700 | $219,900 | $219,900 |
| 49632 | Falmouth, MI 49632 | 26.6 mi | 2 | $355,800 | $177,900 | $177,900 |
| 48883 | Shepherd, MI 48883 | 27.9 mi | 15 | $4,168,080 | $249,000 | $277,872 |
As of January 2026, there are 18 active listings in LAKE, MI (zip code 48632), compared to 33 the prior year.
The median listing price in LAKE, MI 48632 is $175,000 as of January 2026, a 9.7% decrease from $193,725 the prior year.
Homes in LAKE, MI 48632 spend an average of 97 days on the market before going under contract, compared to 125 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE, MI 48632 is currently a Seller's Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 97 days on market compared to 125 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE, MI 48632 save an estimated $3,500 compared to a typical 5% commission on the median listing price of $175,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.