Lake Isabella Real Estate
13 active listings · 20 sold in the past 12mo
$525,000
Median List Price
20
Sold (past 12mo)
86
Avg Days on Market
+18.7%
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(13)
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For Sale
1/137
$1,500,000
1291 S Queensway Drive, Lake Isabella, MI 48893
4 bd3 ba3,196 sqft4.09 ac
Single Family
For Sale
1/99
$1,300,000
1107 Bundy Drive, Lake Isabella, MI 48893
5 bd4 ba1.05 ac
Single Family
For Sale
1/95
$799,900
1085 Bundy Drive, Lake Isabella, MI 48893
4 bd4 ba0.88 ac
Single Family
For Sale
1/46
$659,000
1116 Fairway Drive, Lake Isabella, MI 48893
4 bd2 ba0.32 ac
Single Family
For Sale
1/73
$653,900
1017 Channel Drive, Lake Isabella, MI 48893
3 bd2 ba0.66 ac
Single Family
For Sale
1/75
$529,000
1132 Clubhouse Drive, Lake Isabella, MI 48893
3 bd2 ba0.54 ac
Single Family
For Sale
1/52
$525,000
1057 Crown Point Drive, Lake Isabella, MI 48893
5 bd2 ba0.26 ac
Single Family
For Sale
1/99
$497,500
1083 El Camino Grande, Lake Isabella, MI 48893
5 bd3 ba3.11 ac
Single Family
For Sale
1/42
$415,000
1035 Cantabrian Drive, Lake Isabella, MI 48893
3 bd2 ba0.22 ac
Single Family
For Sale
1/44
$356,000
1239 Clubhouse Drive, Lake Isabella, MI 48893
3 bd2 ba0.47 ac
Single Family
For Sale
1/28
$285,000
1001 Isabella Vista Drive, Lake Isabella, MI 48893
3 bd2 ba0.45 ac
Single Family
Under Contract
1/41
$250,000
983 Duquesa Drive, Lake Isabella, MI 48893
3 bd2 ba0.94 ac
Single Family
For Sale
1/45
$245,000
1015 Pequena Drive, Lake Isabella, MI 48893
3 bd2 ba1,744 sqft0.31 ac
Single Family
Recently Sold(20)
Frequently Asked Questions about Lake Isabella
What is the current real estate inventory in Lake Isabella?
Buyers in Lake Isabella can choose from 13 active listings. The median asking price is $525,000.
What are home prices like in Lake Isabella?
The median sale price in Lake Isabella is $525,000, based on 20 closed sales over the past 12 months.
What is the average days on market in Lake Isabella?
Homes in Lake Isabella sell in an average of 86 days, based on 20 sales over the past 12 months.
Which school districts cover Lake Isabella?
Multiple school districts may serve Lake Isabella. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
How competitive is the Lake Isabella real estate market?
Lake Isabella is currently a buyer's market, with 7.8 months of supply. That ratio comes from 13 active listings relative to 20 sales per year.
What are property taxes like in Lake Isabella?
Property taxes in Lake Isabella are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What does demographic data show about housing demand in Lake Isabella?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Lake Isabella is +18.7%. Shrinking household sizes (from 2.51 to 2.62 persons per household) have increased the number of households needing housing by 116 since 2009 — independent of the 23.9% population growth. This is a secondary demographic indicator, not a primary market measure.