House Prices

House Prices & Home Values Lake Odessa, MI 2026


Average Data

average house price$172,379
average size per house1624 ft²
average price per ft²107 $ / ft²

04/15/2026 - The value range (VR) for house prices in Lake Odessa, MI is $116/ sqft to $116/ sqft. An average home with 1624 sqft costs approximately $188,384 to $188,384. Lake Odessa, MI includes 1 ZIP codes and it is located in Ionia county. The lowest prices are found in ZIP 48849, while the highest are in ZIP 48849. The average price per sqare feet is $107. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Lake Odessa

48849121 $ / ft²




Historical development of home values in Lake Odessa

Year Estimated value (USD) Change vs. 2025
2010 $80,056 -53.6%
2011 $76,960 -55.4%
2012 $76,753 -55.5%
2013 $79,622 -53.8%
2014 $83,581 -51.5%
2015 $87,871 -49.0%
2016 $92,456 -46.4%
2017 $97,447 -43.5%
2018 $102,834 -40.3%
2019 $107,602 -37.6%
2020 $113,165 -34.4%
2021 $128,713 -25.3%
2022 $150,050 -13.0%
2023 $158,235 -8.2%
2024 $167,389 -2.9%
2025 $172,379 0.0%

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



Example: 100% financing house in Lake Odessa

Loan amount: $172,379

Interest rate: 6.00%

Fixed monthly payment: $1,033.50

Breakdown in the 1st month:
Interest portion: $861.90  –  Principal portion: $171.60

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,285.16 $2,116.83 $170,262.17
2 $10,154.59 $2,247.40 $168,014.77
3 $10,015.98 $2,386.01 $165,628.76
4 $9,868.82 $2,533.17 $163,095.58
5 $9,712.58 $2,689.42 $160,406.17
6 $9,546.70 $2,855.29 $157,550.88
7 $9,370.59 $3,031.40 $154,519.48
8 $9,183.62 $3,218.37 $151,301.11
9 $8,985.12 $3,416.87 $147,884.23
10 $8,774.37 $3,627.62 $144,256.62
11 $8,550.63 $3,851.36 $140,405.25
12 $8,313.09 $4,088.90 $136,316.35
13 $8,060.89 $4,341.10 $131,975.25
14 $7,793.14 $4,608.85 $127,366.40
15 $7,508.88 $4,893.11 $122,473.29
16 $7,207.08 $5,194.91 $117,278.38
17 $6,886.67 $5,515.32 $111,763.06
18 $6,546.50 $5,855.49 $105,907.57
19 $6,185.34 $6,216.65 $99,690.92
20 $5,801.91 $6,600.08 $93,090.84
21 $5,394.84 $7,007.15 $86,083.69
22 $4,962.65 $7,439.34 $78,644.35
23 $4,503.81 $7,898.18 $70,746.16
24 $4,016.67 $8,385.33 $62,360.84
25 $3,499.48 $8,902.51 $53,458.33
26 $2,950.39 $9,451.60 $44,006.72
27 $2,367.44 $10,034.56 $33,972.17
28 $1,748.53 $10,653.46 $23,318.70
29 $1,091.44 $11,310.55 $12,008.16
30 $393.83 $12,008.16 $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 Lake Odessa, MI


1500 sqft3900 sqft
Ø selling price$194,206$413,128
Ø fast selling$176,550$371,815
Ø high price sale$211,861$454,440

In 2026, houses in Lake Odessa, MI will be offered at an average price of $107 per square foot. A 1,500 sqft home priced at $194,206 is 23.97% more expensive per square foot than a 3,900 sqft home priced at $413,128. Home prices in Lake Odessa, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $286,011. Sellers who can wait longer may achieve a higher price of up to $349,569.


Explore Lake Odessa, MI

Located in Ionia County, Michigan, Lake Odessa, MI is a welcoming small town known for its lakeside charm and friendly community. Positioned between Grand Rapids and Lansing, it offers convenient access to urban amenities while preserving a relaxed rural pace.

Outdoor Recreation on Jordan Lake

At the heart of the area is Jordan Lake, where residents and visitors enjoy fishing, boating, kayaking, and sunset views.
Public parks, boat launches, and nearby trails make outdoor recreation easy for families and weekend adventurers. Seasonal activities?from ice fishing in winter to swimming and picnics in summer?highlight the community?s year-round appeal.

Downtown, Dining, and Local Events

Downtown Lake Odessa, Michigan features locally owned shops, cozy cafes, and services that support a vibrant Main Street economy. Signature gatherings like the annual Lake Odessa Fair and farmers markets bring neighbors together and attract visitors from across the region.
Food lovers will find classic diners, takeout favorites, and family-friendly eateries just steps from the shore.

Living in Lake Odessa

Affordable housing options, respected schools, and community organizations make the village appealing for first-time buyers and retirees alike. Whether you?re planning a weekend getaway or a permanent move, Lake Odessa, MI delivers small-town warmth with big outdoor advantages.



FAQ – Home Values in Lake Odessa

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

In 2026, the typical home value in Lake Odessa is about $172,379 for an average home size of 1624 square feet. This corresponds to an average price of roughly $107 per square foot.

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

In 2026, homes in Lake Odessa sell for an average of around $107 per square foot, with a typical range between $116 and $116 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 Lake Odessa is about 1624 square feet, with an estimated 2026 value around $172,379.



Locations close to Lake Odessa, MI

Lakeview, MI130 $ / ft²
Lyons, MI105 $ / ft²
Mcbrides, MI134 $ / ft²
Laingsburg, MI105 $ / ft²
Ithaca, MI92 $ / ft²
Ionia, MI74 $ / ft²
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