Bear Lake village, MI Housing Statistics

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A-

63%

Med. Home Val. NAT. AVG.

41%

Rent NAT. AVG.

8%

Owner Occ. NAT. AVG.

Bear Lake village Housing Information

Index	Bear Lake village	Michigan	National
Median home price	$120,276	$235,809	$326,622
Median rent asked	$848	$1,222	$1,444
Avg. people per household	2.8	2.5	2.6
Owner occupied households	68.9%	70.8%	63.6%
Renter occupied households	31.1%	29.2%	36.4%

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Housing Quick Facts

The median home price in Bear Lake village is 63% lower than the national average.
The median rent asked in Bear Lake village is 41% lower than the national average.
The average number of people per household in Bear Lake village is 8% higher than the national average.
The number of owner occupied households in Bear Lake village is 8% higher than the national average.
The number of renter occupied households in Bear Lake village is 15% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Mancelona, MI	1,769	$139,236	57%
Grayling, MI	2,042	$154,931	53%
Kalkaska, MI	2,295	$161,022	51%
Bear Lake, MI	386	$182,240	44%
Manistee Lake, MI	539	$212,882	35%
Bear Lake village, MI	267	$120,276	63%

Cities with similar population

	Population	Home Price	National Avg.
Backus, MN	267	$186,239	43%
New Holland, IL	267	$138,716	58%
Talmage, NE	267	$89,904	72%
Shamrock Lakes, IN	267	$228,928	30%
St. Francisville, MO	267	$131,848	60%
Bear Lake village, MI	267	$120,276	63%

Source: The Bear Lake village, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.