House Prices

House Prices & Home Values Burt Lake, MI 2026


Average Data

average house price$408,908
average size per house1931 ft²
average price per ft²212 $ / ft²

06/10/2026 - The value range (VR) for house prices in Burt Lake, MI is $143/ sqft to $143/ sqft. An average home with 1931 sqft costs approximately $276,133 to $276,133. Burt Lake, MI includes 1 ZIP codes and it is located in Cheboygan county. The lowest prices are found in ZIP 49717, while the highest are in ZIP 49717. The average price per sqare feet is $212. Our analysis is based on 26 property listings.

Avergage prices by ZIP codes Burt Lake

49717142 $ / ft²




Historical development of home values in Burt Lake

Year Estimated value (USD) Change vs. 2025
2010 $189,904 -53.6%
2011 $182,561 -55.4%
2012 $182,069 -55.5%
2013 $188,874 -53.8%
2014 $198,266 -51.5%
2015 $208,442 -49.0%
2016 $219,320 -46.4%
2017 $231,157 -43.5%
2018 $243,937 -40.3%
2019 $255,248 -37.6%
2020 $268,443 -34.4%
2021 $305,325 -25.3%
2022 $355,940 -13.0%
2023 $375,356 -8.2%
2024 $397,070 -2.9%
2025 $408,908 0.0%

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



Example: 100% financing house in Burt Lake

Loan amount: $408,908

Interest rate: 6.00%

Fixed monthly payment: $2,451.61

Breakdown in the 1st month:
Interest portion: $2,044.54  –  Principal portion: $407.07

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $24,397.88 $5,021.44 $403,886.56
2 $24,088.17 $5,331.15 $398,555.41
3 $23,759.36 $5,659.96 $392,895.45
4 $23,410.26 $6,009.06 $386,886.39
5 $23,039.64 $6,379.68 $380,506.71
6 $22,646.15 $6,773.17 $373,733.54
7 $22,228.40 $7,190.92 $366,542.62
8 $21,784.88 $7,634.44 $358,908.18
9 $21,314.00 $8,105.32 $350,802.86
10 $20,814.08 $8,605.24 $342,197.62
11 $20,283.33 $9,135.99 $333,061.64
12 $19,719.84 $9,699.48 $323,362.16
13 $19,121.60 $10,297.72 $313,064.44
14 $18,486.46 $10,932.86 $302,131.58
15 $17,812.15 $11,607.17 $290,524.41
16 $17,096.24 $12,323.08 $278,201.33
17 $16,336.18 $13,083.14 $265,118.19
18 $15,529.24 $13,890.08 $251,228.11
19 $14,672.53 $14,746.79 $236,481.32
20 $13,762.98 $15,656.34 $220,824.98
21 $12,797.33 $16,621.99 $204,203.00
22 $11,772.13 $17,647.19 $186,555.80
23 $10,683.69 $18,735.64 $167,820.17
24 $9,528.11 $19,891.21 $147,928.96
25 $8,301.27 $21,118.05 $126,810.91
26 $6,998.75 $22,420.57 $104,390.34
27 $5,615.90 $23,803.42 $80,586.91
28 $4,147.76 $25,271.56 $55,315.35
29 $2,589.06 $26,830.26 $28,485.09
30 $934.23 $28,485.09 $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 Burt Lake, MI


1500 sqft3900 sqft
Ø selling price$384,781$818,533
Ø fast selling$349,800$736,679
Ø high price sale$419,761$900,386

In 2026, houses in Burt Lake, MI will be offered at an average price of $212 per square foot. A 1,500 sqft home priced at $384,781 is 22.77% more expensive per square foot than a 3,900 sqft home priced at $818,533. Home prices in Burt Lake, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $566,676. Sellers who can wait longer may achieve a higher price of up to $692,604.


Burt Lake, MI: A Northern Michigan Gem

About the Destination

Located in Cheboygan County, Burt Lake, MI anchors the famed Inland Waterway and offers crystal-clear waters.
This expansive lake is beloved for its family-friendly beaches, gentle bays, and sunsets over evergreen shores.
Visitors enjoy a relaxed Up North vibe with easy access to nearby towns like Petoskey, Harbor Springs, and Cheboygan.

Outdoor Recreation

Boating, paddling, and sailing shine on Burt Lake Michigan, with multiple public launches and marinas.
Anglers target walleye, smallmouth bass, and panfish, while winter brings ice fishing and quiet snowshoeing trails.
At Burt Lake State Park, sandy swim areas, campsites, and picnic spots make summer days effortless.

Stay, Dine, and Explore

From rustic cabins to upscale waterfront vacation rentals, lakeside lodging pairs with local eateries serving Great Lakes flavors.
Shoppers and day-trippers can explore quaint downtowns, farm markets, and scenic drives along M-68 and US-31.

Planning Your Trip

Peak season runs June through September, but fall color tours and spring fishing make shoulder seasons rewarding.
Whether you seek a serene getaway or active adventure, Burt Lake, MI delivers classic Northern Michigan charm year-round.



FAQ – Home Values in Burt Lake

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

In 2026, the typical home value in Burt Lake is about $408,908 for an average home size of 1931 square feet. This corresponds to an average price of roughly $212 per square foot.

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

In 2026, homes in Burt Lake sell for an average of around $212 per square foot, with a typical range between $143 and $143 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 Burt Lake is about 1931 square feet, with an estimated 2026 value around $408,908.



Locations close to Burt Lake, MI

Carp Lake, MI84 $ / ft²
Cedarville, MI229 $ / ft²
Charlevoix, MI137 $ / ft²
Brutus, MI365 $ / ft²
Brimley, MI114 $ / ft²
Boyne Falls, MI194 $ / ft²
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