Active Listings
54
⇧ 28.6% vs 42 last year
Data as of July 2026. Source: Realtor.com.
The LAKE CITY, MI real estate market (49651) currently shows 54 active listings, with 16 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 58 days on market compared to 37 days last year.
The median listing price has risen 2.3% year-over-year, from $322,425 to $329,900.
Whether you are buying or selling in LAKE CITY, 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: 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 July 2026, there are 54 active listings in LAKE CITY, MI (zip code 49651), compared to 42 the prior year.
The median listing price in LAKE CITY, MI 49651 is $329,900 as of July 2026, a 2.3% increase from $322,425 the prior year.
Homes in LAKE CITY, MI 49651 spend an average of 58 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of July 2026, LAKE CITY, MI 49651 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CITY, MI 49651 save an estimated $6,598 compared to a typical 5% commission on the median listing price of $329,900. 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.