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LAKEVIEW, MI 48850

Real Estate Market Report  ·  Montcalm County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LAKEVIEW, MI real estate market (48850) currently shows 11 active listings, with 4 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 34 days on market compared to 39 days last year.

The median listing price has risen 80.4% year-over-year, from $234,900 to $423,675.

Whether you are buying or selling in LAKEVIEW, 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.

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Market Context

Market Context

Population: 4,657  ·  Density: 21.6/mi²  ·  Median household income: $63,188

Typical home value: $149,911  ·  Homeownership: 80.8%

Market Overview

Active Listings
11
⇩ 47.6% vs 21 last year
Pending
4
36% pending ratio
Median Price
$423,675
⇧ 80.4% vs $234,900 last year
Average Price
$485,383
⇧ 111.5% vs $229,500 last year
Days on Market
34
⇩ 12.8% vs 39 days last year

Price Per Square Foot

Median $/sqft
$182
⇧ 21.3% vs $150/sqft last year
Median Home Size
2,060 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 21 last year
  • Days on market: 34 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $423,675 (+80.4% YoY)
  • Average: $485,383 (+111.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.9 miles — 162 listings ($68,204,908 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48850Lakeview, MI 488500.0 mi11$4,855,213$285,500$441,383
49322Coral, MI 493227.4 mi5$1,826,790$363,725$365,358
49336Morley, MI 4933610.0 mi10$2,569,400$272,400$256,940
49329Howard City, MI 4932911.9 mi16$6,128,256$347,663$383,016
48829Edmore, MI 4882912.1 mi8$2,289,600$249,000$286,200
49346Stanwood, MI 4934613.2 mi46$21,113,310$418,775$458,985
49339Pierson, MI 4933913.9 mi6$2,627,250$362,425$437,875
49340Remus, MI 4934014.6 mi10$9,633,930$359,900$963,393
48891Vestaburg, MI 4889117.3 mi6$1,709,280$230,000$284,880
49342Rodney, MI 4934218.2 mi5$1,257,835$219,900$251,567
49319Cedar Springs, MI 4931920.0 mi32$12,273,344$352,400$383,542
48818Crystal, MI 4881821.2 mi4$646,000$161,500$161,500
49320Chippewa Lake, MI 4932021.9 mi3$1,274,700$424,900$424,900

Frequently Asked Questions

How many homes are for sale in LAKEVIEW, MI 48850?

As of March 2026, there are 11 active listings in LAKEVIEW, MI (zip code 48850), compared to 21 the prior year.

What is the median home price in LAKEVIEW, MI 48850?

The median listing price in LAKEVIEW, MI 48850 is $423,675 as of March 2026, a 80.4% increase from $234,900 the prior year.

How long do homes stay on the market in LAKEVIEW, MI?

Homes in LAKEVIEW, MI 48850 spend an average of 34 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in LAKEVIEW, MI 48850?

Based on current inventory and days-on-market data as of March 2026, LAKEVIEW, MI 48850 is currently a Seller's Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 34 days on market compared to 39 days last year.

How much can I save on real estate commission in LAKEVIEW, MI?

With SELL123.com's maximum 3% commission, sellers in LAKEVIEW, MI 48850 save an estimated $8,474 compared to a typical 5% commission on the median listing price of $423,675. 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.