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Today: September 23, 2025

Current Price

$276,018

1 Month Forecast

$306,349

1-Year Forecast *

$333,282

5-Year Forecast *

$392,531

"Is it a good time to buy homes in Bear Lake?" "Does investing in real estate in Bear Lake (Michigan State, Manistee County) worth it?" According to our live Forecast System, buying a house in Bear Lake is a good short-term (1-year) investment*. The Bear 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 "Bear 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 Bear Lake in Michigan State, Manistee County. If you are looking for homes for sale with good flipping profit, Bear Lake can be a profitable property investment option. The median price of an average house in Bear Lake was 276,018 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Bear Lake" area is 392,531 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +42.21% meaning that investing 100000 USD today may yield a profit of 42,212 USD by 2030.

Current Median Listing Price: 276,018 USD Median Listing Price Per Square Foot: 153 USD

Bear 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.

Bear 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.

Bear Lake Price Target

Bear Lake median home price target in 12 months: $333,282* (upside of 20.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $290,452 $304,012 $290,452 $304,012
2024 $256,321 $276,018 $256,321 $276,018
2023 $260,560 $256,727 $256,727 $263,672
2022 $249,028 $262,823 $249,028 $275,033
2021 $202,694 $245,732 $202,694 $245,732
2020 $175,282 $199,820 $175,282 $199,820
2019 $174,878 $173,871 $171,798 $175,718
2018 $162,311 $172,956 $162,311 $172,956
2017 $142,676 $161,419 $142,676 $161,419
2016 $138,840 $141,778 $137,324 $141,778
2015 $130,089 $139,309 $130,089 $139,770
2014 $122,678 $129,719 $122,678 $132,274
2013 $113,327 $123,175 $113,327 $125,610
2012 $105,708 $113,452 $105,708 $114,146

Questions & Answers about the Bear Lake Housing Market Forecast

How much does an average home cost in Bear Lake today?

The value of an average home (the listing price) in Bear Lake is $276,018 USD.

What is the average price per square foot in Bear Lake?

According to Walletinvestor the median price per square foot in Bear Lake is 153 USD.

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

Yes. The Bear Lake home prices may rise from 276,018 USD to 333,282 USD in one year.

Is it profitable to invest in Bear Lake homes?

Yes. The long-term profit potential is +20.75% in one year.

Will Bear Lake house prices fall / drop?

No. See above.

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

The predicted home sales price of a Bear Lake home in 2030 in Bear Lake is 392,531 USD.

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

The predicted home sales price of a Bear Lake home in 2035 in Bear Lake is 506,824 USD.

Will real estate prices decrease in Bear Lake?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Bear Lake is the 11423. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Manistee, Bear Lake increased, looking at the past 12 months.

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

Median home values increased by 1.345% to 276,018 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 21.146% in 2020
  • 19.756% in 2021
  • 20.476% in 2022
  • 19.896% in 2023
  • 21.366% in 2024
  • 22.486% in 2025

Based on our Bear Lake real estate market research and report the predicted sales prices will increase by 558.777% in the next 10 years.

Over the last 12 months, the value of homes in Bear Lake fluctuated: increasing 10 times .

Bear 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
Bear Lake Housing Market Forecast with Real Estate Prices for 2025
August 2025 306349 285211 327488
September 2025 308705 281848 335562
October 2025 311079 282149 340009
November 2025 313471 292155 334787
December 2025 315881 289663 342100
Bear Lake Housing Market Forecast with Real Estate Prices for 2026
January 2026 318310 291254 345367
February 2026 320758 302475 339041
March 2026 323225 306094 340356
April 2026 325710 301933 349487
May 2026 328215 310491 345938
June 2026 330739 302957 358521
July 2026 333282 306619 359944
August 2026 334778 310005 359552
September 2026 336442 318274 354610
October 2026 339029 321400 356659
November 2026 341636 318063 365209
December 2026 344263 320165 368362
Bear Lake Housing Market Forecast with Real Estate Prices for 2027
January 2027 346910 322280 371541
February 2027 349578 324408 374748
March 2027 352266 317392 387141
April 2027 354975 336871 373079
May 2027 355172 323206 387137
June 2027 353600 327787 379413
July 2027 352035 328449 375622
August 2027 350478 325243 375712
September 2027 348927 315430 382424
October 2027 347383 319593 375174
November 2027 345846 321637 370055
December 2027 344316 325723 362909
Bear Lake Housing Market Forecast with Real Estate Prices for 2028
January 2028 344682 311937 377426
February 2028 345314 311128 379500
March 2028 346832 329490 364173
April 2028 347582 325337 369827
May 2028 347735 322351 373120
June 2028 349649 320628 378670
July 2028 350447 320659 380235
August 2028 348897 325869 371924
September 2028 347353 319565 375141
October 2028 345816 324375 367256
November 2028 345268 322136 368401
December 2028 346786 322858 370714
Bear Lake Housing Market Forecast with Real Estate Prices for 2029
January 2029 349453 327786 371119
February 2029 352140 327138 377142
March 2029 354847 320427 389268
April 2029 357576 329328 385825
May 2029 359525 326089 392961
June 2029 362290 334756 389824
July 2029 364741 337750 391731
August 2029 367545 342552 392538
September 2029 368706 339946 397465
October 2029 369092 338458 399727
November 2029 371931 346267 397594
December 2029 374791 350804 398777
Bear Lake Housing Market Forecast with Real Estate Prices for 2030
January 2030 377673 344060 411285
February 2030 380577 356981 404172
March 2030 383415 352742 414088
April 2030 385558 366281 404836
May 2030 386563 352545 420580
June 2030 389535 354867 424204
July 2030 392531 370941 414120
August 2030 395549 358367 432731
September 2030 398591 375472 421709
October 2030 401656 368720 434591
November 2030 404744 376412 433076
December 2030 407857 371557 444156
Bear Lake Housing Market Forecast with Real Estate Prices for 2031
January 2031 410993 370715 451270
February 2031 414153 385577 442730
March 2031 417338 385620 449056
April 2031 420547 389847 451247
May 2031 423781 391997 455564
June 2031 425684 389926 461441
July 2031 427799 395286 460312
August 2031 431089 394877 467300
September 2031 434404 402692 466115
October 2031 437744 397472 478017
November 2031 441110 414202 468018
December 2031 444502 420944 468061
Bear Lake Housing Market Forecast with Real Estate Prices for 2032
January 2032 447920 420597 475243
February 2032 451365 423380 479349
March 2032 451614 415485 487744
April 2032 449616 417244 481989
May 2032 447627 425245 470008
June 2032 445646 408658 482635
July 2032 443674 417941 469408
August 2032 441711 411233 472189
September 2032 439757 405456 474058
October 2032 437811 411542 464080
November 2032 438276 404967 471585
December 2032 439080 399563 478598
Bear Lake Housing Market Forecast with Real Estate Prices for 2033
January 2033 441010 418959 463060
February 2033 441964 403955 479973
March 2033 442159 409881 474436
April 2033 444592 421918 467267
May 2033 445607 418871 472344
June 2033 443636 410806 476465
July 2033 441673 405014 478331

> 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.