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The average Lake, MI home value is $370,779, up 6.2% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $370,779
1-Year Value Change: +6.2%
(Data through October 31, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The median home value in Lake, MI is $370,779 as of October 2026. This represents a 0.2% increase compared to last month and a 6.2% increase year-over-year.
Home values in Lake, MI have increased by 0.2% month-over-month and 6.2% year-over-year.
The median home value in Lake, MI ($370,779) compares to: Berrien County ($279,092), Michigan ($260,573), and the U.S. national median ($364,288).