Active Listings
26
⇧ 4% vs 25 last year
Population: 7,647 · Density: 12.5/mi² · Median household income: $57,654
Typical home value: $153,021 · Homeownership: 81.9%
Data as of January 2026. Source: Realtor.com.
The LAKE CITY, MI real estate market (49651) currently shows 26 active listings, with 6 pending sales. Homes are averaging 84 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 84 days on market compared to 99 days last year.
The median listing price has risen 15.4% year-over-year, from $242,450 to $279,900.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49651 | Lake City, MI 49651 | 0.0 mi | 26 | $9,273,290 | $279,900 | $356,665 |
| 49633 | Fife Lake, MI 49633 | 11.9 mi | 18 | $6,059,700 | $245,000 | $336,650 |
| 49657 | McBain, MI 49657 | 12.9 mi | 3 | $659,700 | $219,900 | $219,900 |
| 48630 | Houghton Lake Heights, MI 48630 | 17.3 mi | 3 | $810,900 | $270,300 | $270,300 |
| 49680 | South Boardman, MI 49680 | 18.4 mi | 0 | $0 | $474,900 | $474,900 |
| 49646 | Kalkaska, MI 49646 | 23.1 mi | 32 | $11,147,424 | $303,000 | $348,357 |
| 49649 | Kingsley, MI 49649 | 23.8 mi | 32 | $13,385,088 | $419,900 | $418,284 |
| 48653 | Roscommon, MI 48653 | 25.6 mi | 49 | $14,681,478 | $239,000 | $299,622 |
| 49696 | Traverse City, MI 49696 | 26.8 mi | 33 | $17,549,895 | $480,000 | $531,815 |
| 49668 | Mesick, MI 49668 | 29.7 mi | 7 | $2,587,319 | $288,000 | $369,617 |
| 49620 | Buckley, MI 49620 | 29.9 mi | 6 | $1,732,350 | $284,950 | $288,725 |
| 49676 | Rapid City, MI 49676 | 32.0 mi | 16 | $16,259,088 | $890,000 | $1,016,193 |
| 48656 | Saint Helen, MI 48656 | 32.3 mi | 23 | $4,678,545 | $157,900 | $203,415 |
As of January 2026, there are 26 active listings in LAKE CITY, MI (zip code 49651), compared to 25 the prior year.
The median listing price in LAKE CITY, MI 49651 is $279,900 as of January 2026, a 15.4% increase from $242,450 the prior year.
Homes in LAKE CITY, MI 49651 spend an average of 84 days on the market before going under contract, compared to 99 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE CITY, MI 49651 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 84 days on market compared to 99 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CITY, MI 49651 save an estimated $5,598 compared to a typical 5% commission on the median listing price of $279,900. 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.