Central Lake, MI Housing Statistics

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52%

Med. Home Val. NAT. AVG.

14%

Rent NAT. AVG.

22%

Owner Occ. NAT. AVG.

Central Lake Housing Information

Index	Central Lake	Michigan	National
Median home price	$157,041	$235,809	$326,622
Median rent asked	$1,236	$1,222	$1,444
Avg. people per household	2.9	2.5	2.6
Owner occupied households	77.9%	70.8%	63.6%
Renter occupied households	22.1%	29.2%	36.4%

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Homes For Sale In Central Lake, MI

269 N East Torch Lake Dr

Central Lake, MI

4294 N East Torch Lake Dr

Central Lake, MI

Maple View Dr

Central Lake, MI

Willow St

, MI

Housing Quick Facts

The median home price in Central Lake is 52% lower than the national average.
The median rent asked in Central Lake is 14% lower than the national average.
The average number of people per household in Central Lake is 11% higher than the national average.
The number of owner occupied households in Central Lake is 22% higher than the national average.
The number of renter occupied households in Central Lake is 39% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Alba, MI	473	$90,367	72%
Mancelona, MI	1,769	$139,236	57%
East Jordan, MI	2,184	$165,901	49%
Bellaire, MI	926	$208,982	36%
Ellsworth, MI	347	$220,470	32%
Central Lake, MI	1,020	$157,041	52%

Cities with similar population

	Population	Home Price	National Avg.
Allardt, TN	1,020	$199,789	39%
Sharon Springs, KS	1,020	$123,812	62%
Apple Valley, UT	1,020	$595,252	82%
Briggs, OK	1,020	$161,733	50%
Nortonville, KY	1,020	$106,485	67%
Central Lake, MI	1,020	$157,041	52%

Source: The Central 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.