$2,969 Closing Credit*
$250,000
3,248 SqFt
3 Beds
•2 Full Baths
Sally Roeser, Listing Office: Key Realty One-TC
Housing Prices in Bear Lake Township, MI
How much do homes in Bear Lake Township, MI cost?
Median List Price
$271,500
$164/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$50,250(+22.7%)
Key Takeaway
The list price of homes in Bear Lake Township has increased by 22.7% since last year.
Summary: The median home list price in Bear Lake Township was $271,500 in October 2024, up 22.7% from the previous year, and the median price per square foot was $164.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $74.9K | $89K | +18.8% |
| 2 Bedrooms | $195K | $209.9K | +7.6% |
| 3 Bedrooms | $234.5K | $248.9K | +6.2% |
| 4 Bedrooms | $227.5K | $295K | +29.7% |
| 5+ Bedrooms | $425K | $425K | 0.0% |
Summary: Bear Lake Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 29.7%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Blue Lake Township | $189.4K | $445.9K | +135.5% |
| Bear Lake Township | $221.2K | $271.5K | +22.7% |
| Grayling Charter Township | $175K | $209.4K | +19.7% |
| Frederic Township | $236.7K | $241.7K | +2.1% |
| Frederic | $240K | $227.4K | -5.2% |
Housing Supply in Bear Lake Township, MI
How many homes are available in Bear Lake Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 24 | -27.3% |
Summary: The Bear Lake Township real estate market had 24 homes for sale in October 2024, a 27.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 10 | 5 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bear Lake Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Bear Lake Township, MI
How long does it take to sell a home in Bear Lake Township, MI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 125 Days | 85 Days | -31.6% |
Summary: Homes in Bear Lake Township had an average listing age of 85 days in Oct 2024, down by 31.6% compared to the previous year.
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