Current Price

$336,293

1 Month Forecast

â–² $362,556

1-Year Forecast *

â–² $381,535

5-Year Forecast *

â–² $444,454

"Is it a good time to buy homes in Lake?" "Does investing in real estate in Lake (Michigan State, Berrien County) worth it?" According to our live Forecast System, buying a house in Lake is a good short-term (1-year) investment*. The Lake average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Lake" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Lake in Michigan State, Berrien County. If you are looking for homes for sale with good flipping profit, Lake can be a profitable property investment option. The median price of an average house in Lake was 336,293 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lake" area is 444,454 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +32.16% meaning that investing 100000 USD today may yield a profit of 32,163 USD by 2031.

Current Median Listing Price: 336,293 USD Median Listing Price Per Square Foot: 187 USD

Lake Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Lake (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Lake Price Target

Lake median home price target in 12 months: $381,535* (upside of 13.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $358,535 $360,101 $358,535 $360,101
2024 $321,238 $336,293 $321,238 $336,293
2023 $306,693 $320,047 $306,536 $320,047
2022 $278,028 $307,319 $278,028 $310,686
2021 $244,047 $274,772 $244,047 $274,772
2020 $215,073 $241,058 $215,073 $241,058
2019 $206,472 $214,182 $206,472 $214,182
2018 $193,447 $204,826 $193,447 $204,826
2017 $188,050 $192,465 $188,050 $192,465
2016 $186,804 $187,252 $184,642 $187,266
2015 $186,436 $186,405 $186,405 $188,657
2014 $175,451 $185,398 $175,451 $185,398
2013 $153,914 $172,522 $152,634 $172,522
2012 $159,331 $153,783 $152,081 $159,331

Questions & Answers about the Lake Housing Market Forecast

How much does an average home cost in Lake today?

The value of an average home (the listing price) in Lake is $336,293 USD.

What is the average price per square foot in Lake?

According to Walletinvestor the median price per square foot in Lake is 187 USD.

Will the median listing price of homes in Lake grow / rise / go up?

Yes. The Lake home prices may rise from 336,293 USD to 381,535 USD in one year.

Is it profitable to invest in Lake homes?

Yes. The long-term profit potential is +13.45% in one year.

Will Lake house prices fall / drop?

No. See above.

What is the predicted price of a Lake home in 2030?

The predicted home sales price of a Lake home in 2030 in Lake is 430,016 USD.

What is the predicted price of a Lake home in 2035?

The predicted home sales price of a Lake home in 2035 in Lake is 529,411 USD.

Will real estate prices decrease in Lake?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Lake is the 9108. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Berrien, Lake decreased, looking at the past 12 months.

According to Walletinvestor's Lake real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.456% to 336,293 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 14.693% in 2021
  • 11.483% in 2022
  • 12.733% in 2023
  • 14.093% in 2024
  • 15.013% in 2025
  • 13.273% in 2026

Based on our Lake real estate market research and report the predicted sales prices will increase by 253.313% in the next 10 years.

Over the last 12 months, the value of homes in Lake fluctuated: increasing 3 times and decreasing 1 times.

Lake (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Lake Housing Market Forecast with Real Estate Prices for 2025
August 2025 362556 329564 395549
September 2025 365028 334365 395690
October 2025 367516 332235 402798
November 2025 370021 337460 402583
December 2025 371695 341587 401802
Lake Housing Market Forecast with Real Estate Prices for 2026
January 2026 370753 338497 403008
February 2026 370624 347645 393603
March 2026 371572 339246 403899
April 2026 373837 354772 392903
May 2026 376386 354179 398593
June 2026 378952 352046 405857
July 2026 381535 361695 401375
August 2026 384136 353021 415251
September 2026 386755 363549 409960
October 2026 389391 355514 423268
November 2026 392046 368523 415568
December 2026 394718 365904 423533
Lake Housing Market Forecast with Real Estate Prices for 2027
January 2027 393992 356169 431816
February 2027 393001 355273 430729
March 2027 391418 353059 429777
April 2027 390636 363292 417981
May 2027 389841 358264 421418
June 2027 389884 366491 413277
July 2027 389641 356522 422761
August 2027 390854 367794 413914
September 2027 393058 365151 420965
October 2027 395737 375555 415920
November 2027 398435 359787 437083
December 2027 401112 377847 424376
Lake Housing Market Forecast with Real Estate Prices for 2028
January 2028 403505 367593 439416
February 2028 404586 368982 440189
March 2028 405441 377466 433416
April 2028 406017 371911 440122
May 2028 407528 366775 448281
June 2028 409516 372660 446373
July 2028 411657 377490 445825
August 2028 413522 387470 439574
September 2028 414693 377785 451601
October 2028 415695 379114 452276
November 2028 416437 393533 439341
December 2028 417383 383993 450774
Lake Housing Market Forecast with Real Estate Prices for 2029
January 2029 417945 383256 452635
February 2029 420331 379559 461103
March 2029 423071 387956 458186
April 2029 425955 403806 448105
May 2029 428859 405272 452446
June 2029 429933 398118 461748
July 2029 430016 390884 469147
August 2029 429511 387849 471174
September 2029 429547 392177 466918
October 2029 429815 395000 464630
November 2029 430733 405319 456146
December 2029 433669 411986 455352
Lake Housing Market Forecast with Real Estate Prices for 2030
January 2030 436625 398639 474612
February 2030 439602 396960 482243
March 2030 442599 404092 481105
April 2030 444600 417924 471276
May 2030 443473 406665 480281
June 2030 443319 416277 470362
July 2030 444454 400453 488455
August 2030 447163 416309 478017
September 2030 450211 406991 493431
October 2030 453280 422457 484103
November 2030 456370 416210 496531
December 2030 459481 421344 497618
Lake Housing Market Forecast with Real Estate Prices for 2031
January 2031 462614 420053 505174
February 2031 465767 441082 490453
March 2031 468942 433772 504113
April 2031 472139 446644 497635
May 2031 471271 425558 516984
June 2031 470085 427308 512863
July 2031 468192 440100 496283
August 2031 467257 441558 492956
September 2031 466305 441125 491486
October 2031 466356 432312 500400
November 2031 466067 437170 494963
December 2031 467517 440401 494633
Lake Housing Market Forecast with Real Estate Prices for 2032
January 2032 470153 439123 501184
February 2032 473358 440697 506020
March 2032 476585 450850 502321
April 2032 479787 437086 522488
May 2032 482649 453690 511608
June 2032 483942 455390 512495
July 2032 484965 439379 530552

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.