Housing market · ZIP 49651
Lake City, MI Home Prices & Forecast
Median value and 12-month outlook · as of April 2026
Median home value
$231,199
3-month+3.5%
6-month+9.4%
12-month+9.0%
Touse 12-month forecast
+2.7%
Projected median near $237,442 over the next 12 months
As of April 2026, the median home value in Lake City, MI (ZIP 49651) is $231,199. Prices are rising, up 9.0% over the past year. Touse's model projects a +2.7% change over the next 12 months, putting the median near $237,442.
Nearby areas in Missaukee
Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.