House Prices

House Prices & Home Values Walloon Lake, MI 2026


Average Data

average house price$223,134
average size per house1599 ft²
average price per ft²140 $ / ft²

04/18/2026 - The value range (VR) for house prices in Walloon Lake, MI is $140/ sqft to $140/ sqft. An average home with 1599 sqft costs approximately $223,860 to $223,860. Walloon Lake, MI includes 1 ZIP codes and it is located in Charlevoix county. The lowest prices are found in ZIP 49796, while the highest are in ZIP 49796. The average price per sqare feet is $140. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Walloon Lake

49796134 $ / ft²




Historical development of home values in Walloon Lake

Year Estimated value (USD) Change vs. 2025
2010 $103,627 -53.6%
2011 $99,620 -55.4%
2012 $99,352 -55.5%
2013 $103,065 -53.8%
2014 $108,190 -51.5%
2015 $113,743 -49.0%
2016 $119,679 -46.4%
2017 $126,139 -43.5%
2018 $133,112 -40.3%
2019 $139,284 -37.6%
2020 $146,485 -34.4%
2021 $166,611 -25.3%
2022 $194,230 -13.0%
2023 $204,825 -8.2%
2024 $216,674 -2.9%
2025 $223,134 0.0%

Graph: estimated home values in Walloon Lake over time (USD)



Example: 100% financing house in Walloon Lake

Loan amount: $223,134

Interest rate: 6.00%

Fixed monthly payment: $1,337.80

Breakdown in the 1st month:
Interest portion: $1,115.67  –  Principal portion: $222.13

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,313.50 $2,740.11 $220,393.89
2 $13,144.50 $2,909.12 $217,484.77
3 $12,965.07 $3,088.54 $214,396.23
4 $12,774.57 $3,279.04 $211,117.19
5 $12,572.33 $3,481.28 $207,635.91
6 $12,357.61 $3,696.00 $203,939.91
7 $12,129.65 $3,923.96 $200,015.95
8 $11,887.63 $4,165.98 $195,849.96
9 $11,630.68 $4,422.93 $191,427.03
10 $11,357.88 $4,695.73 $186,731.31
11 $11,068.26 $4,985.35 $181,745.96
12 $10,760.78 $5,292.84 $176,453.12
13 $10,434.33 $5,619.29 $170,833.83
14 $10,087.74 $5,965.87 $164,867.96
15 $9,719.78 $6,333.83 $158,534.13
16 $9,329.12 $6,724.49 $151,809.64
17 $8,914.37 $7,139.24 $144,670.40
18 $8,474.04 $7,579.58 $137,090.82
19 $8,006.55 $8,047.07 $129,043.75
20 $7,510.22 $8,543.39 $120,500.36
21 $6,983.28 $9,070.33 $111,430.03
22 $6,423.84 $9,629.77 $101,800.26
23 $5,829.90 $10,223.71 $91,576.55
24 $5,199.33 $10,854.29 $80,722.27
25 $4,529.86 $11,523.76 $69,198.51
26 $3,819.10 $12,234.52 $56,963.99
27 $3,064.50 $12,989.11 $43,974.88
28 $2,263.36 $13,790.25 $30,184.63
29 $1,412.81 $14,640.81 $15,543.82
30 $509.79 $15,543.82 $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 Walloon Lake, MI


1500 sqft3900 sqft
Ø selling price$254,101$540,540
Ø fast selling$231,001$486,487
Ø high price sale$277,200$594,594

In 2026, houses in Walloon Lake, MI will be offered at an average price of $140 per square foot. A 1,500 sqft home priced at $254,101 is 21.92% more expensive per square foot than a 3,900 sqft home priced at $540,540. Home prices in Walloon Lake, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $374,221. Sellers who can wait longer may achieve a higher price of up to $457,381.

FAQ – Home Values in Walloon Lake

What is the median home value in Walloon Lake in 2026?

In 2026, the typical home value in Walloon Lake is about $223,134 for an average home size of 1599 square feet. This corresponds to an average price of roughly $140 per square foot.

What is the average cost per square foot in Walloon Lake?

In 2026, homes in Walloon Lake sell for an average of around $140 per square foot, with a typical range between $140 and $140 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Walloon Lake is about 1599 square feet, with an estimated 2026 value around $223,134.



Locations close to Walloon Lake, MI

Wolverine, MI146 $ / ft²
Iron Mountain, MI56 $ / ft²
Kingsford, MI63 $ / ft²
Vanderbilt, MI221 $ / ft²
Trout Lake, MI73 $ / ft²
Topinabee, MI134 $ / ft²
  imprint  Privacy