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BEAR LAKE, MI 49614

Real Estate Market Report  ·  Manistee County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇩ 46.7% vs 15 last year
Pending
1
13% pending ratio
Median Price
$350,000
⇩ 10% vs $389,000 last year
Average Price
$332,067
⇩ 38.3% vs $538,371 last year
Days on Market
76
⇩ 24% vs 100 days last year

Market Context

Population: 3,029  ·  Density: 12.8/mi²  ·  Median household income: $69,063

Typical home value: $185,726  ·  Homeownership: 96.9%

Market Analysis

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

The BEAR LAKE, MI real estate market (49614) currently shows 8 active listings, with 1 pending sales. Homes are averaging 76 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 76 days on market compared to 100 days last year.

The median listing price has fallen 10% year-over-year, from $389,000 to $350,000.

Whether you are buying or selling in BEAR 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 15 last year
  • Days on market: 76 now vs 100 last year

Median & Average Pricing

Year over Year
  • Median: $350,000 (-10% YoY)
  • Average: $332,067 (-38.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.1 miles — 245 listings ($141,753,449 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49614Bear Lake, MI 496140.0 mi8$2,656,536$350,000$332,067
49613Arcadia, MI 496136.6 mi3$3,142,500$1,047,500$1,047,500
49616Benzonia, MI 496169.5 mi6$2,156,880$298,500$359,480
49683Thompsonville, MI 4968311.2 mi17$10,862,405$449,000$638,965
49635Frankfort, MI 4963513.3 mi32$29,858,048$715,000$933,064
49660Manistee, MI 4966015.1 mi50$20,801,500$309,950$416,030
49689Wellston, MI 4968918.4 mi10$1,670,560$179,900$167,056
49640Honor, MI 4964019.8 mi7$3,607,660$550,000$515,380
49638Harrietta, MI 4963820.7 mi2$383,266$132,450$191,633
49650Lake Ann, MI 4965023.2 mi4$2,839,200$656,000$709,800
49411Free Soil, MI 4941123.8 mi9$3,788,901$322,000$420,989
49685Traverse City, MI 4968526.8 mi65$46,600,905$524,950$716,937
49649Kingsley, MI 4964930.1 mi32$13,385,088$419,900$418,284

Frequently Asked Questions

How many homes are for sale in BEAR LAKE, MI 49614?

As of January 2026, there are 8 active listings in BEAR LAKE, MI (zip code 49614), compared to 15 the prior year.

What is the median home price in BEAR LAKE, MI 49614?

The median listing price in BEAR LAKE, MI 49614 is $350,000 as of January 2026, a 10% decrease from $389,000 the prior year.

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

Homes in BEAR LAKE, MI 49614 spend an average of 76 days on the market before going under contract, compared to 100 days the prior year.

Is it a seller's or buyer's market in BEAR LAKE, MI 49614?

Based on current inventory and days-on-market data as of January 2026, BEAR LAKE, MI 49614 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 76 days on market compared to 100 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BEAR LAKE, MI 49614 save an estimated $7,000 compared to a typical 5% commission on the median listing price of $350,000. 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.