Home › Counties › Lake County, MI
The median home value in Lake County, MI is $168,769 as of 2026-07-31, up 9.46% from a year earlier.
Median Home Value
$168,769
Year-over-Year
+9.46%
National Rank
#2339 of 3071
Lake County ranks 76th out of 83 counties in MI by median home price, and is -28.0% below the U.S. national median of $234,352. Within MI, the typical county has a median home value of $229,949, making Lake County -26.6% below the MI state median.
Households here earn a median of $50,805 a year against a typical home value of $168,769 — a price-to-income ratio of 3.3×, above the 3× level usually considered comfortable, but below 5×. That is less affordable than roughly 37% of U.S. counties. (How this is calculated.)
The median home value in Lake County is $168,769. That's up 9.46% from a year earlier. That is about 28.0% below the U.S. national county median of $234,352, and makes Lake County the 76th most expensive of 83 counties in Michigan.
Median household income here is $50,805, so a typical home costs about 3.3× annual household earnings — moderately expensive compared with other U.S. counties.
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