Active Listings
30
⇧ 25% vs 24 last year
Data as of April 2026. Source: Realtor.com.
The LAKE CITY, MI real estate market (49651) currently shows 30 active listings, with 9 pending sales. Homes are averaging 104 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 104 days on market compared to 31 days last year.
The median listing price has fallen 28.1% year-over-year, from $319,900 to $229,950.
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 April 2026, there are 30 active listings in LAKE CITY, MI (zip code 49651), compared to 24 the prior year.
The median listing price in LAKE CITY, MI 49651 is $229,950 as of April 2026, a 28.1% decrease from $319,900 the prior year.
Homes in LAKE CITY, MI 49651 spend an average of 104 days on the market before going under contract, compared to 31 days the prior year.
Based on current inventory and days-on-market data as of April 2026, LAKE CITY, MI 49651 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 104 days on market compared to 31 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CITY, MI 49651 save an estimated $4,599 compared to a typical 5% commission on the median listing price of $229,950. 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.