House Prices

House Prices & Home Values Carp Lake, MI 2026


Average Data

average house price$135,400
average size per house1475 ft²
average price per ft²92 $ / ft²

04/05/2026 - The value range (VR) for house prices in Carp Lake, MI is $92/ sqft to $92/ sqft. An average home with 1475 sqft costs approximately $135,700 to $135,700. Carp Lake, MI includes 1 ZIP codes and it is located in Emmet county. The lowest prices are found in ZIP 49718, while the highest are in ZIP 49718. The average price per sqare feet is $92. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Carp Lake

4971884 $ / ft²




Historical development of home values in Carp Lake

Year Estimated value (USD) Change vs. 2025
2010 $62,882 -53.6%
2011 $60,451 -55.4%
2012 $60,288 -55.5%
2013 $62,541 -53.8%
2014 $65,651 -51.5%
2015 $69,020 -49.0%
2016 $72,622 -46.4%
2017 $76,542 -43.5%
2018 $80,774 -40.3%
2019 $84,519 -37.6%
2020 $88,888 -34.4%
2021 $101,101 -25.3%
2022 $117,861 -13.0%
2023 $124,290 -8.2%
2024 $131,480 -2.9%
2025 $135,400 0.0%

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



Example: 100% financing house in Carp Lake

Loan amount: $135,400

Interest rate: 6.00%

Fixed monthly payment: $811.79

Breakdown in the 1st month:
Interest portion: $677.00  –  Principal portion: $134.79

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,078.77 $1,662.73 $133,737.27
2 $7,976.22 $1,765.28 $131,971.99
3 $7,867.34 $1,874.16 $130,097.83
4 $7,751.74 $1,989.75 $128,108.08
5 $7,629.02 $2,112.48 $125,995.60
6 $7,498.73 $2,242.77 $123,752.83
7 $7,360.40 $2,381.10 $121,371.73
8 $7,213.54 $2,527.96 $118,843.77
9 $7,057.62 $2,683.88 $116,159.89
10 $6,892.08 $2,849.42 $113,310.47
11 $6,716.34 $3,025.16 $110,285.31
12 $6,529.75 $3,211.75 $107,073.56
13 $6,331.66 $3,409.84 $103,663.72
14 $6,121.34 $3,620.15 $100,043.57
15 $5,898.06 $3,843.44 $96,200.14
16 $5,661.01 $4,080.49 $92,119.65
17 $5,409.33 $4,332.17 $87,787.48
18 $5,142.13 $4,599.36 $83,188.12
19 $4,858.45 $4,883.04 $78,305.07
20 $4,557.28 $5,184.22 $73,120.86
21 $4,237.53 $5,503.97 $67,616.89
22 $3,898.05 $5,843.44 $61,773.44
23 $3,537.64 $6,203.85 $55,569.59
24 $3,155.00 $6,586.49 $48,983.10
25 $2,748.76 $6,992.73 $41,990.37
26 $2,317.47 $7,424.03 $34,566.34
27 $1,859.57 $7,881.93 $26,684.41
28 $1,373.43 $8,368.07 $18,316.34
29 $857.31 $8,884.19 $9,432.15
30 $309.35 $9,432.15 $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 Carp Lake, MI


1500 sqft3900 sqft
Ø selling price$166,980$355,212
Ø fast selling$151,800$319,691
Ø high price sale$182,161$390,734

In 2026, houses in Carp Lake, MI will be offered at an average price of $92 per square foot. A 1,500 sqft home priced at $166,980 is 21.00% more expensive per square foot than a 3,900 sqft home priced at $355,212. Home prices in Carp Lake, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $245,917. Sellers who can wait longer may achieve a higher price of up to $300,564.


Carp Lake, MI: Tranquil Northern Michigan Destination

Nestled in Emmet County, Carp Lake, MI is a tranquil Northern Michigan community known for clear water, quiet forests, and small-town charm.

Outdoor Recreation on Paradise Lake

At the heart of the area, Paradise Lake (historically called Carp Lake) offers excellent fishing, kayaking, and paddleboarding on calm, scenic waters.
Miles of nearby trails and beaches at Wilderness State Park invite hiking, swimming, and wildlife watching along the Lake Michigan shoreline.

Nearby Icons and Day Trips

Just a short drive away, Mackinaw City, the Mackinac Bridge, and ferries to Mackinac Island expand your itinerary with iconic views and day trips.
Visitors love sunrise and sunset photo spots, fall color tours, and star-filled night skies that make Carp Lake, Michigan a nature lover?s basecamp.

Where to Stay and Eat

From rustic cabins and lakeside cottages to family-friendly campgrounds, lodging in Carp Lake, MI suits couples, groups, and budget travelers.
Cozy eateries, local markets, and seasonal events showcase northern flavors, fresh-caught fish, and welcoming hospitality.

Seasons and Travel Tips

Summer brings boating and beach days, while winter delivers snowshoeing, cross-country skiing, and nearby snowmobile trails.
Peaceful mornings, easy access to attractions, and kid-friendly shores make it ideal for both family vacations and romantic escapes.
Plan your trip to Carp Lake, MI today and discover a relaxed Up North getaway with outdoor adventure, waterfront views, and small-town appeal.



FAQ – Home Values in Carp Lake

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

In 2026, the typical home value in Carp Lake is about $135,400 for an average home size of 1475 square feet. This corresponds to an average price of roughly $92 per square foot.

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

In 2026, homes in Carp Lake sell for an average of around $92 per square foot, with a typical range between $92 and $92 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 Carp Lake is about 1475 square feet, with an estimated 2026 value around $135,400.



Locations close to Carp Lake, MI

Cedarville, MI229 $ / ft²
Charlevoix, MI137 $ / ft²
Cheboygan, MI75 $ / ft²
Burt Lake, MI142 $ / ft²
Brutus, MI365 $ / ft²
Brimley, MI114 $ / ft²
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