Walloon Lake, MI Housing Statistics

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C+

0%

Med. Home Val. NAT. AVG.

7%

Rent NAT. AVG.

18%

Owner Occ. NAT. AVG.

Walloon Lake Housing Information

Index	Walloon Lake	Michigan	National
Median home price	$326,213	$235,809	$326,622
Median rent asked	$1,542	$1,222	$1,444
Avg. people per household	2.2	2.5	2.6
Owner occupied households	75.2%	70.8%	63.6%
Renter occupied households	24.8%	29.2%	36.4%

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Homes For Sale In Walloon Lake, MI

4422 Michigan 75

Walloon Lake, MI

Housing Quick Facts

The median home price in Walloon Lake is equal to the national average.
The median rent asked in Walloon Lake is 7% higher than the national average.
The average number of people per household in Walloon Lake is 16% lower than the national average.
The number of owner occupied households in Walloon Lake is 18% higher than the national average.
The number of renter occupied households in Walloon Lake is 32% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Bay View, MI	182	$0	100%
Ponshewaing, MI	32	$0	100%
Oden, MI	473	$135,844	58%
Vanderbilt, MI	511	$142,813	56%
East Jordan, MI	2,184	$165,901	49%
Walloon Lake, MI	318	$326,213	0%

Cities with similar population

	Population	Home Price	National Avg.
Foster, OK	318	$287,086	12%
Dubberly, LA	318	$210,647	36%
Wallace, WV	318	$0	100%
Olar, SC	318	$0	100%
Brule, NE	318	$132,114	60%
Walloon Lake, MI	318	$326,213	0%

Source: The Walloon 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.