House Prices

House Prices & Home Values Bear Lake, MI 2026


Average Data

average house price$420,750
average size per house2647 ft²
average price per ft²159 $ / ft²

06/10/2026 - The value range (VR) for house prices in Bear Lake, MI is $159/ sqft to $159/ sqft. An average home with 2647 sqft costs approximately $420,873 to $420,873. Bear Lake, MI includes 1 ZIP codes and it is located in Manistee county. The lowest prices are found in ZIP 49614, while the highest are in ZIP 49614. The average price per sqare feet is $159. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Bear Lake

49614157 $ / ft²




Historical development of home values in Bear Lake

Year Estimated value (USD) Change vs. 2025
2010 $195,404 -53.6%
2011 $187,848 -55.4%
2012 $187,342 -55.5%
2013 $194,344 -53.8%
2014 $204,008 -51.5%
2015 $214,478 -49.0%
2016 $225,671 -46.4%
2017 $237,852 -43.5%
2018 $251,001 -40.3%
2019 $262,640 -37.6%
2020 $276,217 -34.4%
2021 $314,167 -25.3%
2022 $366,248 -13.0%
2023 $386,226 -8.2%
2024 $408,570 -2.9%
2025 $420,750 0.0%

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



Example: 100% financing house in Bear Lake

Loan amount: $420,750

Interest rate: 6.00%

Fixed monthly payment: $2,522.61

Breakdown in the 1st month:
Interest portion: $2,103.75  –  Principal portion: $418.86

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $25,104.45 $5,166.86 $415,583.14
2 $24,785.77 $5,485.54 $410,097.60
3 $24,447.43 $5,823.88 $404,273.72
4 $24,088.23 $6,183.08 $398,090.65
5 $23,706.87 $6,564.44 $391,526.21
6 $23,301.99 $6,969.32 $384,556.89
7 $22,872.13 $7,399.17 $377,157.72
8 $22,415.77 $7,855.54 $369,302.18
9 $21,931.26 $8,340.05 $360,962.13
10 $21,416.86 $8,854.44 $352,107.69
11 $20,870.74 $9,400.57 $342,707.12
12 $20,290.93 $9,980.37 $332,726.75
13 $19,675.37 $10,595.94 $322,130.81
14 $19,021.83 $11,249.48 $310,881.33
15 $18,327.99 $11,943.32 $298,938.01
16 $17,591.35 $12,679.96 $286,258.06
17 $16,809.28 $13,462.03 $272,796.03
18 $15,978.97 $14,292.34 $258,503.69
19 $15,097.45 $15,173.86 $243,329.84
20 $14,161.56 $16,109.75 $227,220.09
21 $13,167.95 $17,103.36 $210,116.73
22 $12,113.05 $18,158.26 $191,958.47
23 $10,993.09 $19,278.22 $172,680.25
24 $9,804.05 $20,467.26 $152,212.99
25 $8,541.67 $21,729.63 $130,483.36
26 $7,201.44 $23,069.87 $107,413.49
27 $5,778.54 $24,492.77 $82,920.72
28 $4,267.88 $26,003.43 $56,917.29
29 $2,664.04 $27,607.26 $29,310.02
30 $961.29 $29,310.02 $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 Bear Lake, MI


1500 sqft3900 sqft
Ø selling price$288,585$613,899
Ø fast selling$262,350$552,510
Ø high price sale$314,820$675,289

In 2026, houses in Bear Lake, MI will be offered at an average price of $159 per square foot. A 1,500 sqft home priced at $288,585 is 22.66% more expensive per square foot than a 3,900 sqft home priced at $613,899. Home prices in Bear Lake, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $425,008. Sellers who can wait longer may achieve a higher price of up to $519,454.

FAQ – Home Values in Bear Lake

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

In 2026, the typical home value in Bear Lake is about $420,750 for an average home size of 2647 square feet. This corresponds to an average price of roughly $159 per square foot.

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

In 2026, homes in Bear Lake sell for an average of around $159 per square foot, with a typical range between $159 and $159 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 Bear Lake is about 2647 square feet, with an estimated 2026 value around $420,750.



Locations close to Bear Lake, MI

Bellaire, MI288 $ / ft²
Benzonia, MI80 $ / ft²
Beulah, MI156 $ / ft²
Arcadia, MI121 $ / ft²
Alden, MI160 $ / ft²
Alba, MI167 $ / ft²
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