Bear Lake, MI Housing Statistics

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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

7423 Bair Rd

Bear Lake, MI

8671 13 Mile Rd

Bear Lake, MI

V/L Spruce Ridge Rd

Bear Lake Township, MI

V/L Spruce Ridge Rd #13

Bear Lake Township, 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.
Belle Rive, IL	386	$128,727	61%
Blue Eye, MO	386	$196,254	40%
Herndon, PA	386	$156,759	52%
Midville, GA	386	$93,349	71%
Braswell, GA	386	$205,654	37%
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.