Bear Lake Real Estate
23 active listings · 48 sold in the past 12mo
$389,000
Median List Price
48
Sold (past 12mo)
73
Avg Days on Market
-19.2%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(23)
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For Sale
1/70
$1,125,000
3528 Potter Road, Bear Lake, MI 49614
4 bd2 ba46 ac
Single Family
For Sale
1/66
$995,000
7423 Bair Avenue, Bear Lake, MI 49614
2 bd1 ba1,100 sqft
Single Family
Under Contract
1/98
$875,000
8903 Maidens Road, Bear Lake, MI 49614
4 bd4 ba3,900 sqft20 ac
Single Family
For Sale
1/29
$799,900
11436 Lakeview Road NE, Bear Lake, MI 49646
3 bd3 ba3,000 sqft0.47 ac
Single Family
For Sale
1/35
$749,900
8110 Ames Road, Bear Lake, MI 49614
3 bd1 ba60 ac
Single Family
Under Contract
1/66
$590,000
7423 Bair Avenue, Bear Lake, MI 49614
2 bd1 ba1,100 sqft
Single Family
For Sale
1/86
$579,000
10653 Milarch Road, Bear Lake, MI 49614
3 bd2 ba1,808 sqft5.50 ac
Single Family
For Sale
1/36
$549,000
7909 11 Mile Road, Bear Lake, MI 49614
8 bd3 ba3,200 sqft48 ac
Single Family
For Sale
1/45
$429,000
13200 Hopkins Forest Drive, Bear Lake, MI 49614
3 bd3 ba2,094 sqft0.17 ac
Single Family
For Sale
1/30
$399,000
7909 11 Mile Road, Bear Lake, MI 49614
8 bd3 ba3,200 sqft23 ac
Single Family
For Sale
1/63
$399,000
15266 Healy Lake Road, Bear Lake, MI 49614
2 bd2 ba10.22 ac
Single Family
For Sale
1/48
$389,000
8671 13 mile Road, Bear Lake, MI 49614
3 bd2 ba2,040 sqft2.70 ac
Single Family
For Sale
1/28
$339,900
15067 Winding Creek Drive, Bear Lake, MI 49614
2 bd1 ba1,440 sqft0.67 ac
Single Family
For Sale
1/25
$335,000
13625 Potter Road, Bear Lake, MI 49614
3 bd2 ba1,546 sqft4.50 ac
Single Family
For Sale
1/31
$295,000
15163 Winding Creek Drive, Bear Lake, MI 49614
2 bd1 ba776 sqft1.24 ac
Single Family
For Sale
1/34
$275,000
11875 Milarch Road, Bear Lake, MI 49614
3 bd1 ba1,458 sqft1.61 ac
Single Family
For Sale
1/22
$269,900
11380 Chippewa Hwy, Bear Lake, MI 49614
2 bd2 ba1,812 sqft0.57 ac
Single Family
For Sale
1/35
$250,000
11774 Healy Lake Road, Bear Lake, MI 49614
2 bd1 ba5 ac
Mfg Home
For Sale
1/35
$250,000
11774 Healy Lake Road, Bear Lake, MI 49614
2 bd1 ba928 sqft5 ac
Mfg Home
For Sale
1/18
$188,000
6620 Potter Road, Bear Lake, MI 49614
3 bd2 ba1,144 sqft0.42 ac
Single Family
Under Contract
1/49
$180,000
16402 Big Four Road, Bear Lake, MI 49614
3 bd2 ba1 ac
Single Family
Under Contract
1/49
$180,000
16402 Big Four Road, Bear Lake, MI 49614
3 bd2 ba1,300 sqft1 ac
Single Family
Under Contract
1/30
$95,000
12496 Big Four Road, Bear Lake, MI 49614
3 bd1 ba912 sqft1.38 ac
Single Family
Recently Sold(48)
Frequently Asked Questions about Bear Lake
What is the current real estate inventory in Bear Lake?
Buyers in Bear Lake can choose from 23 active listings. The median asking price is $389,000.
What is the median home price in Bear Lake?
Based on 48 sales in the past year, homes in Bear Lake have a median price of $389,000.
How fast do homes sell in Bear Lake?
Over the past year, homes in Bear Lake spent an average of 73 days on market before selling.
What school districts serve Bear Lake?
Bear Lake is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Bear Lake may be zoned for different districts. Check individual listings for the specific school district assignment.
Is Bear Lake a buyer's or seller's market?
With 5.8 months of inventory, Bear Lake is currently a balanced market. This is based on 23 active listings and 48 sales in the past 12 months.
How much are property taxes in Bear Lake?
Michigan property taxes in Bear Lake are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Bear Lake?
Per U.S. Census ACS data, Bear Lake has a -19.2% Household Formation Gap over the past 15 years, indicating softening demographic demand. Population declined 15.3%, outpacing the effect of shrinking household sizes (2.5 to 2.62). HFG is a secondary market indicator — local conditions and other factors also influence housing demand.