Active Listings
58
⇧ 75.8% vs 33 last year
Data as of September 2026. Source: Realtor.com.
The LAKE CITY, MI real estate market (49651) currently shows 58 active listings, with 15 pending sales. Homes are averaging 60 days on the market before going under contract.
Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.
Homes are selling faster, averaging 60 days on market compared to 76 days last year.
The median listing price has risen 13.8% year-over-year, from $281,175 to $319,900.
Population: 7,647 · Density: 12.5/mi² · Median household income: $57,654
Typical home value: $153,021 · Homeownership: 81.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49651 | Lake City, MI 49651 | 0.0 mi | 25 | $8,913,300 | $257,400 | $356,532 |
| 49633 | Fife Lake, MI 49633 | 11.9 mi | 14 | $4,752,706 | $239,950 | $339,479 |
| 49657 | McBain, MI 49657 | 12.9 mi | 3 | $800,550 | $266,850 | $266,850 |
| 48630 | Houghton Lake Heights, MI 48630 | 17.3 mi | 3 | $810,900 | $270,300 | $270,300 |
| 49680 | South Boardman, MI 49680 | 18.4 mi | 2 | $754,800 | $377,400 | $377,400 |
| 49646 | Kalkaska, MI 49646 | 23.1 mi | 31 | $10,636,751 | $300,500 | $343,121 |
| 49649 | Kingsley, MI 49649 | 23.8 mi | 27 | $13,070,592 | $438,225 | $484,096 |
| 49688 | Tustin, MI 49688 | 25.2 mi | 11 | $3,595,185 | $347,675 | $326,835 |
| 48651 | Prudenville, MI 48651 | 26.3 mi | 22 | $6,411,592 | $271,950 | $291,436 |
| 48625 | Harrison, MI 48625 | 27.5 mi | 84 | $21,626,724 | $169,200 | $257,461 |
| 49690 | Williamsburg, MI 49690 | 29.8 mi | 28 | $35,526,764 | $657,000 | $1,268,813 |
| 49655 | Leroy, MI 49655 | 30.3 mi | 11 | $2,902,504 | $197,450 | $263,864 |
| 49738 | Grayling, MI 49738 | 32.1 mi | 42 | $13,471,458 | $254,675 | $320,749 |
As of September 2026, there are 58 active listings in LAKE CITY, MI (zip code 49651), compared to 33 the prior year.
The median listing price in LAKE CITY, MI 49651 is $319,900 as of September 2026, a 13.8% increase from $281,175 the prior year.
Homes in LAKE CITY, MI 49651 spend an average of 60 days on the market before going under contract, compared to 76 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAKE CITY, MI 49651 is currently a Balanced Market. Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice. Homes are selling faster, averaging 60 days on market compared to 76 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CITY, MI 49651 save an estimated $6,398 compared to a typical 5% commission on the median listing price of $319,900. 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.