Housing in Manistee Lake, MI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$375,000

Median List Price

$317,500

Price Per Sq Ft

$129

Days on Market

301

Active Inventory

13

Months of Supply

13.0

Buyer's market

Price Trends

Source: Redfin
Sale Price 68.2%List Price 20.4%May 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

98.7%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
15.4%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

2

Pending Sales

2

Homes Sold 75.0%New Listings 100.0%Pending 100.0%May 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$129

Median List $/SF

$235

Sale $/SF 45.3%List $/SF 41.1%May 24Jan 26

Manistee Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

Median Price Per Sq Ft

Census Housing Data

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

Median Home Value

$153,600

Median Rent

N/A

Total Housing Units

508

Vacancy Rate

61.2%

Owner Occupied

87.3%

Renter Occupied

12.7%

Median Property Tax

$1,636

per year

Monthly Cost (w/ Mortgage)

$606

Housing Types

Single Family
85.8%
Multi-Family
0.0%
Mobile Home
14.2%

The current median sale price in Manistee Lake, MI is $375,000 according to Redfin data. Homes spend a median of 301 days on the market. 0.0% of homes sold above asking price. The market has 13.0 months of supply. The median price per square foot is $129. About 87.3% of housing units are owner-occupied. The median year homes were built is 1976. There are 508 total housing units.