Current Price

$154,518

1 Month Forecast

â–² $174,524

1-Year Forecast *

â–² $184,922

5-Year Forecast *

â–² $205,617

"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 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 205,617 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +33.07% meaning that investing 100000 USD today may yield a profit of 33,070 USD by 2031.

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: 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: $184,922* (upside of 19.7%)

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 $70,777 $74,741 $70,777 $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 184,922 USD in one year.

Is it profitable to invest in Lake homes?

Yes. The long-term profit potential is +19.68% 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 198,668 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 236,480 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 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 10.715% to 154,518 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 19.327% in 2021
  • 20.967% in 2022
  • 19.747% in 2023
  • 19.597% in 2024
  • 21.407% in 2025
  • 19.947% in 2026

Based on our Lake real estate market research and report the predicted sales prices will increase by 502.703% in the next 10 years.

Over the last 12 months, the value of homes in Lake fluctuated: increasing 2 times and decreasing 2 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 174524 165623 183424
September 2025 176151 158888 193413
October 2025 177793 164636 190950
November 2025 179450 163838 195063
December 2025 181123 168807 193440
Lake Housing Market Forecast with Real Estate Prices for 2026
January 2026 180195 167761 192628
February 2026 178951 164277 193625
March 2026 179116 161383 196848
April 2026 179845 169234 190456
May 2026 181522 168634 194410
June 2026 183214 173870 192558
July 2026 184922 168834 201011
August 2026 186646 174701 198592
September 2026 188101 177379 198823
October 2026 188868 172815 204922
November 2026 188513 174186 202840
December 2026 188115 178333 197897
Lake Housing Market Forecast with Real Estate Prices for 2027
January 2027 188226 170909 205543
February 2027 188628 173538 203718
March 2027 188257 170561 205953
April 2027 187145 172361 201929
May 2027 186547 170877 202217
June 2027 185387 168888 201887
July 2027 184457 170992 197923
August 2027 183793 174419 193166
September 2027 184661 168780 200542
October 2027 184632 166908 202357
November 2027 183765 174576 192953
December 2027 183438 172615 194261
Lake Housing Market Forecast with Real Estate Prices for 2028
January 2028 183972 173669 194274
February 2028 184697 169921 199472
March 2028 184872 174519 195225
April 2028 185166 168131 202202
May 2028 185146 167557 202735
June 2028 185886 172688 199084
July 2028 187619 169607 205630
August 2028 189368 173461 205275
September 2028 190596 174586 206606
October 2028 191472 179409 203535
November 2028 191995 180283 203707
December 2028 193420 180655 206186
Lake Housing Market Forecast with Real Estate Prices for 2029
January 2029 194264 183773 204754
February 2029 194723 177977 211469
March 2029 194379 181550 207208
April 2029 194638 176731 212544
May 2029 196452 177397 215508
June 2029 197815 184166 211464
July 2029 198668 179794 217541
August 2029 199402 189432 209372
September 2029 199449 180900 217998
October 2029 199174 180850 217498
November 2029 198495 185990 211000
December 2029 200345 184117 216573
Lake Housing Market Forecast with Real Estate Prices for 2030
January 2030 202213 184621 219806
February 2030 204098 190220 217977
March 2030 206001 186637 225365
April 2030 207922 189001 226843
May 2030 206855 188652 225059
June 2030 205428 185913 224944
July 2030 205617 192252 218982
August 2030 206454 187048 225861
September 2030 208379 191917 224841
October 2030 210322 193917 226727
November 2030 212283 198060 226506
December 2030 214262 202906 225618
Lake Housing Market Forecast with Real Estate Prices for 2031
January 2031 215932 196282 235582
February 2031 216812 195565 238060
March 2031 216405 198010 234799
April 2031 215947 201695 230200
May 2031 216075 194900 237250
June 2031 216536 198997 234076
July 2031 216110 198173 234048
August 2031 214834 201729 227939
September 2031 214147 194874 233421
October 2031 212816 194514 231119
November 2031 211749 197138 226359
December 2031 210986 198116 223856
Lake Housing Market Forecast with Real Estate Prices for 2032
January 2032 211982 196296 227669
February 2032 211950 199233 224667
March 2032 210953 191968 229939
April 2032 210579 193943 227215
May 2032 211192 193663 228720
June 2032 212024 200574 223473
July 2032 212225 197157 227292

> 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.