Bear Lake: Housing & Real Estate
Bear Lake's median home value is $155,400, with median rent $-666,666,666. Homeownership rate: 94.7%. That's about the same as the Manistee County median ($157,800); 1.3× below the Michigan median ($206,419). A municipal building code is in effect.
- 2.5× annual income — home value vs. household income (vs Michigan 2.8×).
Home Values & Rent
Median home value $155,400 — 0.8× the Michigan median ($206,419). Median rent $-666,666,666/month. homeownership rate 94.7% — above the U.S. share of ~65%.
| Median Home Value | $155,400 (vs Michigan $206,419) |
|---|---|
| Median Rent | $-666,666,666 (vs Michigan $1,027) |
Other
| Homeownership Rate | 94.7% |
|---|---|
| Median Year Built | 1948 |