Housing in Lake Odessa, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$214,500
Median List Price
$210,000
Price Per Sq Ft
$166
Days on Market
10
Active Inventory
4
Months of Supply
2.0
Seller's market
Zillow Home Value
$245,699
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
101.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
3
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$166
Median List $/SF
$138
Lake Odessa vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lake Odessa is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$150,300
Median Rent
$688
Total Housing Units
769
Vacancy Rate
7.3%
Owner Occupied
79.8%
Renter Occupied
20.2%
Median Property Tax
$2,522
per year
Monthly Cost (w/ Mortgage)
$941
Housing Types
The current median sale price in Lake Odessa, MI is $214,500 according to Redfin data. Homes spend a median of 10 days on the market. 50.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $166. The median rent is $688 per month (Census ACS). About 79.8% of housing units are owner-occupied. The median year homes were built is 1962. There are 769 total housing units.