Central Lake Housing Information - Census

IndexCentral LakeMichiganNational
Median home price$77,600$127,800$184,700
Median rent asked$575$799$949
Avg. people per household2.32.52.6
Owner occupied households67.9%70.8%63.6%
Renter occupied households32.1%29.2%36.4%

Central Lake Housing Information - Zillow

IndexCentral LakeMichiganNational
Zillow home value index$130,369$138,747$213,146
Year over year appreciation rate7.58%6.77%8.00%
5 year average appreciation rate6.00%9.24%6.57%
10 year average appreciation rate1.97%2.11%1.33%

Did you know?

  • The median home price in Central Lake is 58% lower than the national average.
  • The median rent asked in Central Lake is 39% lower than the national average.
  • The average number of people per household in Central Lake is 14% lower than the national average.
  • The number of owner occupied households in Central Lake is 7% higher than the national average.
  • The number of renter occupied households in Central Lake is 12% lower than the national average.

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Compare Central Lake, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Mancelona, MI1,360$69,40062%
East Jordan, MI2,335$71,60061%
Alba, MI354$76,40059%
Ellsworth, MI340$88,80052%
Bellaire, MI877$122,00034%
Central Lake, MI1,018$77,60058%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Worcester, NY1,018$97,60047%
Galva, KS1,018$129,40030%
Attica, OH1,018$83,20055%
West Union, WV1,018$64,40065%
Naples, NY1,018$109,30041%
Central Lake, MI1,018$77,60058%
Source: The Central Lake, MI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.