Unshakable ZIP Data 49402 | Lake County, MI Housing Market
Lake County · Ludington, MI metro · Michigan · Data updated June 19, 2026
The median sale price in ZIP 49402, Lake County, Michigan is $164,901 at $150 per square foot. 6 single-family homes sold in the latest period, down 11.8 percent from a year earlier. Homes sit a median of 22 days on market with 6.4 months of supply. Sellers are getting 102.3 percent of list price and 66.7 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $212,266 | |
| Average price per sq ft | $194 | |
| Median sale price | $164,901 | |
| Median sale price per sq ft | $150 | |
| Median home size | 1,097 sq ft | |
| Median new listing price | $356,899 | +6.5% |
| National size rank | 16,609 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 6 | -11.8% |
| Median days on market | 22 days | |
| Months of supply | 6.4 months | |
| New listings | 16 | +8.3% |
| Active listings | 22 | -3.1% |
| Pending sales | 10 | -22.0% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 102.3% | +2.9 pts |
| Share sold above list | 66.7% | +52.4 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$221,484
These figures describe the single-family market for Lake County, Michigan ZIP 49402. They are market context, not a substitute for sold comps or a formal appraisal.