$129,990
3 bd2 ba1,184 sqft
9158 Elsie Ave
Bear Lake, MI Housing Market
$321,280
11.1% 1-yrThe average Bear Lake, MI home value is $321,280, up 11.1% over the past year. (Updated on )
What is the Zillow Home Values Index?
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.
Bear Lake Key Takeaways
Typical Home Values: $321,280
1-Year Value Change: +11.1%
(Data through August 31, 2026)
Bear Lake Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 20 ()
New Listings: 7 ()
Median Sale to List Ratio: --
Median Sale Price: --
Median List Price: $341,150 ()
Percent of Sales Over List Price: --
Percent of Sales Under List Price: --
Median Days to Pending: --
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Bear Lake
- NameMedian ZHVI
- Chums Corner$417,327
- Kids Creek$472,363
- Central$534,824
- Slab Town$602,136
- Old Towne$495,231
- Downtown$455,960
- Boardman$649,155
- Traverse Heights$332,049
- Oak Park$462,770
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Bear Lake Rental Market Trends
Average Rent: --
National Average Rent: $1,948 ()
Month-Over-Month Change: --
Year-Over-Year Change: --
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Bear Lake For Rent Listings
View Bear Lake for rent listingsFrequently Asked Questions
What are current home values in Bear Lake, MI?
The median home value in Bear Lake, MI is $321,280 as of August 2026. This represents a 0.3% increase compared to last month and a 11.1% increase year-over-year.
How have home values changed in Bear Lake, MI?
Home values in Bear Lake, MI have increased by 0.3% month-over-month and 11.1% year-over-year.
How do home values in Bear Lake, MI compare to Manistee County, Michigan, and the national average?
The median home value in Bear Lake, MI ($321,280) compares to: Manistee County ($263,665), Michigan ($266,292), and the U.S. national median ($368,697).
