House Prices

Lakes of the North Elmira, MI House Prices & Home Values 2026


Average Data

average house price$210,413
average size per house1658 ft²
average price per ft²119 $ / ft²

04/15/2026 - The value range (VR) for house prices in Lakes of the North Elmira, MI is $113.05/ sqft to $124.95/ sqft. An average home with 1658 sqft costs approximately $175,441 to $193,909. Elmira, MI includes 1 ZIP codes and it is located in Antrim county. The lowest prices are found in ZIP 49730, while the highest are in ZIP 49730. The average price per sqare feet is $119. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Lakes of the North Elmira

49730128 $ / ft²




Historical development of home values in Lakes of the North Elmira

Year Estimated value (USD) Change vs. 2025
2010 $97,720 -53.6%
2011 $93,941 -55.4%
2012 $93,688 -55.5%
2013 $97,190 -53.8%
2014 $102,022 -51.5%
2015 $107,259 -49.0%
2016 $112,856 -46.4%
2017 $118,947 -43.5%
2018 $125,523 -40.3%
2019 $131,344 -37.6%
2020 $138,133 -34.4%
2021 $157,112 -25.3%
2022 $183,157 -13.0%
2023 $193,148 -8.2%
2024 $204,322 -2.9%
2025 $210,413 0.0%

Graph: estimated home values in Lakes of the North Elmira over time (USD)



Example: 100% financing house in Lakes of the North Elmira

Loan amount: $210,413

Interest rate: 5.62%

Fixed monthly payment: $1,210.06

Breakdown in the 1st month:
Interest portion: $984.73  –  Principal portion: $225.33

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,746.10 $2,774.63 $207,638.37
2 $11,586.20 $2,934.53 $204,703.84
3 $11,417.09 $3,103.64 $201,600.21
4 $11,238.23 $3,282.50 $198,317.71
5 $11,049.07 $3,471.66 $194,846.05
6 $10,849.00 $3,671.73 $191,174.32
7 $10,637.40 $3,883.32 $187,291.00
8 $10,413.61 $4,107.11 $183,183.89
9 $10,176.93 $4,343.80 $178,840.09
10 $9,926.60 $4,594.12 $174,245.97
11 $9,661.85 $4,858.88 $169,387.09
12 $9,381.84 $5,138.88 $164,248.21
13 $9,085.70 $5,435.03 $158,813.18
14 $8,772.49 $5,748.24 $153,064.94
15 $8,441.22 $6,079.50 $146,985.43
16 $8,090.87 $6,429.86 $140,555.58
17 $7,720.33 $6,800.40 $133,755.18
18 $7,328.43 $7,192.29 $126,562.89
19 $6,913.95 $7,606.77 $118,956.12
20 $6,475.59 $8,045.14 $110,910.98
21 $6,011.96 $8,508.77 $102,402.21
22 $5,521.61 $8,999.11 $93,403.10
23 $5,003.01 $9,517.72 $83,885.38
24 $4,454.52 $10,066.21 $73,819.18
25 $3,874.42 $10,646.31 $63,172.87
26 $3,260.89 $11,259.83 $51,913.04
27 $2,612.01 $11,908.72 $40,004.32
28 $1,925.73 $12,595.00 $27,409.32
29 $1,199.90 $13,320.83 $14,088.49
30 $432.24 $14,088.49 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lakes of the North Elmira, MI


1500 sqft3900 sqft
Ø selling price$202,162$430,054
Ø fast selling$183,784$387,049
Ø high price sale$220,541$473,059

In 2026, houses in Lakes of the North Elmira, MI will be offered at an average price of $119 per square foot. A 1,500 sqft home priced at $202,162 is 21.53% more expensive per square foot than a 3,900 sqft home priced at $430,054. Home prices in Lakes of the North Elmira, MI vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $297,730. Sellers who can wait longer may achieve a higher price of up to $363,892.


Explore Lakes of the North in Elmira, MI

Location and Lifestyle

Lakes of the North in Elmira, Michigan is a year-round residential and recreational community set among rolling forests and inland lakes in Northern Michigan. Tucked between Gaylord and Mancelona, the neighborhood offers a peaceful Up North atmosphere with convenient access to M-32 and US-131.

Amenities and Outdoor Recreation

Homeowners and visitors enjoy a wide range of amenities, including a clubhouse complex, an indoor pool, and miles of trails for hiking, biking, and winter sports. The community features an 18-hole golf course, private lakes for paddling and fishing, beach and picnic areas, and a family-friendly campground. Snowmobilers appreciate direct connections to regional trail networks, making it a prime base for Northern Michigan adventures. A small on-site airstrip and a robust calendar of community events add to the neighborhood's unique appeal.

Real Estate and Community

Real estate in Lakes of the North ranges from wooded vacant lots to cozy cabins and modern lake-access homes, offering options for full-time living, investment, or vacation retreats. Owners value association services such as road maintenance and amenity access that keep the community running smoothly year-round. With proximity to skiing in Boyne Country, dining and shopping in Gaylord, and nearby state land, the location delivers strong lifestyle and rental appeal. Whether you are searching for Elmira MI real estate or planning a weekend escape, Lakes of the North offers a balanced blend of recreation, convenience, and Up North tranquility.



FAQ – Home Values in Lakes of the North Elmira

What is the median home value in Lakes of the North Elmira in 2026?

In 2026, the typical home value in Lakes of the North Elmira is about $210,413 for an average home size of 1658 square feet. This corresponds to an average price of roughly $119 per square foot.

What is the average cost per square foot in Lakes of the North Elmira?

In 2026, homes in Lakes of the North Elmira sell for an average of around $119 per square foot, with a typical range between $113.05 and $124.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Lakes of the North?

The average home size in Lakes of the North Elmira is about 1658 square feet, with an estimated 2026 value around $210,413.



Neighborhoods close to Lakes of the North Elmira, MI

Downtown Boyne City Boyne City, MI280 $ / ft²
Dublin Wellston, MI159 $ / ft²
Glen Haven Glen Arbor, MI127 $ / ft²
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