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Today: September 23, 2025

Current Price

$154,518

1 Month Forecast

$174,481

1-Year Forecast *

$188,760

5-Year Forecast *

$211,459

"Is it a good time to buy homes in Lake?" "Does investing in real estate in Lake (Michigan State, Clare 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, Clare 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 154,518 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lake" area is 211,459 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +36.85% meaning that investing 100000 USD today may yield a profit of 36,851 USD by 2030.

Current Median Listing Price: 154,518 USD Median Listing Price Per Square Foot: 86 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: 2025-2031

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: $188,760* (upside of 22.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $171,132 $172,911 $171,132 $173,743
2024 $146,400 $154,518 $146,400 $154,585
2023 $147,508 $146,416 $145,049 $147,508
2022 $141,375 $147,981 $141,375 $149,343
2021 $123,766 $138,989 $123,766 $140,223
2020 $110,421 $122,806 $110,421 $122,806
2019 $100,763 $110,464 $100,763 $110,464
2018 $94,675 $100,107 $94,675 $100,107
2017 $92,084 $93,905 $91,155 $93,919
2016 $88,768 $91,960 $88,768 $91,960
2015 $82,689 $88,566 $82,689 $88,729
2014 $81,175 $82,850 $81,051 $83,943
2013 $75,461 $81,319 $75,461 $81,319
2012 $70,233 $74,741 $70,233 $74,741

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 $154,518 USD.

What is the average price per square foot in Lake?

According to Walletinvestor the median price per square foot in Lake is 86 USD.

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

Yes. The Lake home prices may rise from 154,518 USD to 188,760 USD in one year.

Is it profitable to invest in Lake homes?

Yes. The long-term profit potential is +22.16% 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 211,459 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 256,913 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 7249. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Clare, Lake increased, 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 increased by 0.193% to 154,518 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 20.911% in 2020
  • 22.471% in 2021
  • 21.441% in 2022
  • 23.301% in 2023
  • 23.271% in 2024
  • 23.791% in 2025

Based on our Lake real estate market research and report the predicted sales prices will increase by 640.149% in the next 10 years.

Over the last 12 months, the value of homes in Lake fluctuated: increasing 7 times and decreasing 3 times.

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

Below you will find the price predictions for 2025, 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 174481 161395 187567
September 2025 176065 162684 189445
October 2025 176724 167181 186267
November 2025 178105 167418 188791
December 2025 179721 161929 197514
Lake Housing Market Forecast with Real Estate Prices for 2026
January 2026 181353 172285 190420
February 2026 182999 170189 195808
March 2026 184660 170995 198324
April 2026 186336 176273 196398
May 2026 188027 173549 202505
June 2026 189733 176452 203015
July 2026 188760 174226 203295
August 2026 187546 169167 205926
September 2026 187718 169134 206302
October 2026 188483 176608 200357
November 2026 190194 174978 205409
December 2026 191920 177718 206122
Lake Housing Market Forecast with Real Estate Prices for 2027
January 2027 193662 183204 204120
February 2027 195420 181740 209099
March 2027 196943 180597 213289
April 2027 197746 187661 207831
May 2027 197374 179808 214940
June 2027 196957 182973 210941
July 2027 197073 180125 214022
August 2027 197494 181497 213491
September 2027 197106 182323 211889
October 2027 195942 183597 208286
November 2027 195315 178323 212308
December 2027 194101 178961 209241
Lake Housing Market Forecast with Real Estate Prices for 2028
January 2028 193127 180574 205681
February 2028 192432 182618 202246
March 2028 193340 182320 204361
April 2028 193311 176106 210515
May 2028 192402 174894 209911
June 2028 192061 173815 210306
July 2028 192619 176054 209185
August 2028 193378 174234 212523
September 2028 193561 175367 211756
October 2028 193870 178942 208798
November 2028 193849 176596 211101
December 2028 194623 175939 213307
Lake Housing Market Forecast with Real Estate Prices for 2029
January 2029 196390 180089 212690
February 2029 198172 186480 209864
March 2029 199458 187690 211226
April 2029 200374 186749 213999
May 2029 200922 181633 220210
June 2029 202413 192090 212736
July 2029 203296 182966 223625
August 2029 203776 190938 216614
September 2029 203416 192635 214197
October 2029 203687 193095 214279
November 2029 205536 185188 225884
December 2029 206961 190404 223518
Lake Housing Market Forecast with Real Estate Prices for 2030
January 2030 207854 192680 223027
February 2030 208622 194644 222600
March 2030 208671 190516 226825
April 2030 208383 197964 218802
May 2030 207672 188982 226363
June 2030 209557 194679 224436
July 2030 211459 190948 231971
August 2030 212251 199304 225199
September 2030 213910 196797 231023
October 2030 215851 203979 227723
November 2030 217810 202999 232622
December 2030 219787 205941 233634
Lake Housing Market Forecast with Real Estate Prices for 2031
January 2031 221782 203153 240412
February 2031 223795 206339 241251
March 2031 225827 205276 246377
April 2031 227876 206228 249524
May 2031 226708 206531 246885
June 2031 225249 209932 240566
July 2031 225456 207194 243718
August 2031 226374 214150 238598
September 2031 228429 208784 248074
October 2031 230502 210218 250786
November 2031 232594 219569 245620
December 2031 234705 220154 249257
Lake Housing Market Forecast with Real Estate Prices for 2032
January 2032 236535 219268 253802
February 2032 237499 219925 255074
March 2032 237053 215718 258388
April 2032 236552 216918 256186
May 2032 236692 224857 248526
June 2032 237197 215849 258545
July 2032 236730 218976 254485
August 2032 235332 215094 255571
September 2032 234580 212061 257100
October 2032 233122 220767 245478
November 2032 231952 217571 246334
December 2032 231117 214246 247989
Lake Housing Market Forecast with Real Estate Prices for 2033
January 2033 232208 211542 252875
February 2033 232173 209884 254461
March 2033 231081 208667 253496
April 2033 230671 217523 243819
May 2033 231342 210984 251700
June 2033 232254 210886 253621
July 2033 232474 211319 253629

> 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.