Current Price

$276,018

1 Month Forecast

â–² $306,350

1-Year Forecast *

â–² $331,335

5-Year Forecast *

â–² $388,839

"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 2026-03-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Bear Lake" area is 388,839 USD by 2031-03-04. For a 5-year investment the profit is expected to be around +40.87% meaning that investing 100000 USD today may yield a profit of 40,874 USD by 2031.

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: 2026-2032

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: $331,335* (upside of 20.0%)

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 $106,406 $113,452 $106,406 $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 331,335 USD in one year.

Is it profitable to invest in Bear Lake homes?

Yes. The long-term profit potential is +20.04% 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 359,417 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 459,018 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 decreased, 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 decreased by 6.962% to 276,018 USD, between 2025-03-04 and 2026-03-04

The average annual profit of property investment was:

  • 21.081% in 2021
  • 20.591% in 2022
  • 18.961% in 2023
  • 21.451% in 2024
  • 18.691% in 2025
  • 19.821% in 2026

Based on our Bear Lake real estate market research and report the predicted sales prices will increase by 521.289% in the next 10 years.

Over the last 12 months, the value of homes in Bear Lake fluctuated: increasing 4 times .

Bear 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
Bear Lake Housing Market Forecast with Real Estate Prices for 2025
August 2025 306350 276021 336679
September 2025 308707 292963 324451
October 2025 311081 287128 335034
November 2025 313474 285575 341373
December 2025 315885 286508 345263
Bear Lake Housing Market Forecast with Real Estate Prices for 2026
January 2026 318315 289030 347600
February 2026 319744 302478 337011
March 2026 321333 297233 345433
April 2026 323805 302758 344852
May 2026 326296 300845 351747
June 2026 328806 311050 346561
July 2026 331335 304497 358173
August 2026 333884 311847 355920
September 2026 336452 319629 353274
October 2026 339040 309882 368197
November 2026 339228 311411 367044
December 2026 337604 320386 354822
Bear Lake Housing Market Forecast with Real Estate Prices for 2027
January 2027 335988 306085 365891
February 2027 334380 316992 351767
March 2027 332779 310150 355408
April 2027 331186 310653 351720
May 2027 329601 300266 358935
June 2027 328023 299813 356233
July 2027 328372 298818 357925
August 2027 328974 311868 346081
September 2027 330420 307621 353219
October 2027 331135 310273 351996
November 2027 331281 304116 358446
December 2027 333104 304790 361418
Bear Lake Housing Market Forecast with Real Estate Prices for 2028
January 2028 333864 300812 366917
February 2028 332266 307014 357518
March 2028 330676 313481 347871
April 2028 329093 300791 357395
May 2028 328572 309186 347958
June 2028 330016 300645 359387
July 2028 332555 312934 352175
August 2028 335113 312995 357230
September 2028 337690 313714 361666
October 2028 340288 316468 364108
November 2028 342143 324694 359592
December 2028 344775 323399 366151
Bear Lake Housing Market Forecast with Real Estate Prices for 2029
January 2029 347107 320032 374181
February 2029 349777 332288 367266
March 2029 350881 320705 381057
April 2029 351249 332281 370216
May 2029 353951 332360 375542
June 2029 356673 326713 386634
July 2029 359417 336414 382420
August 2029 362182 335380 388983
September 2029 364883 346274 383492
October 2029 366923 340871 392974
November 2029 367878 346173 389583
December 2029 370708 338456 402960
Bear Lake Housing Market Forecast with Real Estate Prices for 2030
January 2030 373560 345543 401576
February 2030 376433 353847 399019
March 2030 379328 344810 413847
April 2030 382246 348991 415502
May 2030 385187 365927 404446
June 2030 386916 360219 413613
July 2030 388839 366675 411003
August 2030 391830 360875 422784
September 2030 394844 367995 421693
October 2030 397881 370825 424937
November 2030 400942 365659 436224
December 2030 404026 380592 427459
Bear Lake Housing Market Forecast with Real Estate Prices for 2031
January 2031 407133 375377 438890
February 2031 410265 373341 447189
March 2031 410492 371906 449079
April 2031 408527 381565 435490
May 2031 406572 379332 433812
June 2031 404626 371447 437805
July 2031 402689 379736 425642
August 2031 400762 375914 425609
September 2031 398843 368930 428757
October 2031 396934 367561 426307
November 2031 397356 367951 426760
December 2031 398085 374996 421174
Bear Lake Housing Market Forecast with Real Estate Prices for 2032
January 2032 399834 360251 439418
February 2032 400699 376657 424741
March 2032 400876 364396 437356
April 2032 403082 365193 440972
May 2032 404002 369258 438746
June 2032 402068 371511 432626
July 2032 400144 361730 438558

> 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.