Data as of June 2026. Source: Realtor.com.
The LAKE, MI real estate market (48632) currently shows 64 active listings, with 16 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.
Homes are selling faster, averaging 46 days on market compared to 59 days last year.
The median listing price has fallen 0.3% year-over-year, from $202,725 to $202,175.
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.
Population: 5,028 · Density: 15.8/mi² · Median household income: $49,722
Typical home value: $129,405 · Homeownership: 91.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48632 | Lake, MI 48632 | 0.0 mi | 21 | $4,891,971 | $177,450 | $232,951 |
| 48622 | Farwell, MI 48622 | 6.9 mi | 15 | $17,096,985 | $264,900 | $1,139,799 |
| 48893 | Weidman, MI 48893 | 12.1 mi | 14 | $5,082,560 | $289,200 | $363,040 |
| 48617 | Clare, MI 48617 | 15.1 mi | 11 | $3,294,643 | $216,077 | $299,513 |
| 48878 | Rosebush, MI 48878 | 15.7 mi | 3 | $900,999 | $320,000 | $300,333 |
| 49340 | Remus, MI 49340 | 16.8 mi | 10 | $9,633,930 | $359,900 | $963,393 |
| 49342 | Rodney, MI 49342 | 18.7 mi | 5 | $1,257,835 | $219,900 | $251,567 |
| 49332 | Mecosta, MI 49332 | 19.6 mi | 8 | $2,638,384 | $289,975 | $329,798 |
| 49310 | Blanchard, MI 49310 | 23.6 mi | 6 | $1,024,824 | $170,750 | $170,804 |
| 48618 | Coleman, MI 48618 | 24.5 mi | 19 | $4,976,556 | $259,950 | $261,924 |
| 49657 | McBain, MI 49657 | 26.0 mi | 3 | $800,550 | $266,850 | $266,850 |
| 49632 | Falmouth, MI 49632 | 26.6 mi | 2 | $362,800 | $181,400 | $181,400 |
| 48883 | Shepherd, MI 48883 | 27.9 mi | 13 | $3,849,521 | $243,175 | $296,117 |
As of June 2026, there are 64 active listings in LAKE, MI (zip code 48632), compared to 50 the prior year.
The median listing price in LAKE, MI 48632 is $202,175 as of June 2026, a 0.3% decrease from $202,725 the prior year.
Homes in LAKE, MI 48632 spend an average of 46 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of June 2026, LAKE, MI 48632 is currently a Balanced Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are selling faster, averaging 46 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE, MI 48632 save an estimated $4,044 compared to a typical 5% commission on the median listing price of $202,175. 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.