Housing in Lake Michigan Beach, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$179,660

Median List Price

$114,450

Price Per Sq Ft

$177

Days on Market

4

Active Inventory

2

Months of Supply

0.7

Seller's market

Price Trends

Source: Redfin
Sale Price ↓ 37.4%List Price ↓ 60.4%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

66.7%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

112.6%

Seller's market

Sold Above Asking
66.7%
Under Contract in 2 Wks
50.0%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

2

Pending Sales

2

Homes Sold ↑ 0.0%New Listings ↓ 33.3%Pending ↓ 33.3%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$177

Median List $/SF

$163

Sale $/SF ↓ 34.9%List $/SF ↑ 71.6%Mar 24 → Jan 26

Lake Michigan Beach vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lake Michigan Beach is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$259,900

Median Rent

N/A

Total Housing Units

952

Vacancy Rate

57.9%

Owner Occupied

87.5%

Renter Occupied

12.5%

Median Property Tax

$2,174

per year

Monthly Cost (w/ Mortgage)

$750

Housing Types

Single Family
98.0%
Multi-Family
2.0%
Mobile Home
0.0%

The current median sale price in Lake Michigan Beach, MI is $179,660 according to Redfin data. Homes spend a median of 4 days on the market. 66.7% of homes sold above asking price. The market has 0.7 months of supply. The median price per square foot is $177. About 87.5% of housing units are owner-occupied. The median year homes were built is 1965. There are 952 total housing units.