Bear Lake, MI Housing Statistics

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A+

44%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

51%

Owner Occ. NAT. AVG.

Bear Lake Housing Information

Index	Bear Lake	Michigan	National
Median home price	$182,240	$235,809	$326,622
Median rent asked	$0	$1,222	$1,444
Avg. people per household	1.8	2.5	2.6
Owner occupied households	96.3%	70.8%	63.6%
Renter occupied households	3.7%	29.2%	36.4%

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Homes For Sale In Bear Lake, MI

6823 Three Pines Rd

Bear Lake, MI

6712 Lumley Rd

Bear Lake, MI

8671 13 Mile Rd

Bear Lake, MI

10653 Milarch Rd

Bear Lake, MI

Housing Quick Facts

The median home price in Bear Lake is 44% lower than the national average.
The median rent asked in Bear Lake is 100% lower than the national average.
The average number of people per household in Bear Lake is 30% lower than the national average.
The number of owner occupied households in Bear Lake is 51% higher than the national average.
The number of renter occupied households in Bear Lake is 90% lower than the national average.

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Nearby cities with low home prices

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

Cities with similar population

	Population	Home Price	National Avg.
Herndon, PA	386	$156,759	52%
Holiday Beach, TX	386	$0	100%
Blue Eye, MO	386	$196,254	40%
Gilbert, WV	386	$193,942	41%
Akron, MI	386	$101,406	69%
Bear Lake, MI	386	$182,240	44%

Source: The Bear Lake, 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.