Bear Lake Real Estate Market Conditions

  • Median sales price

    $239,500
    5.67% change since last quarter
  • # Active listings

    33
    30-day change

Bear Lake Schools and Demographics

Education near Bear Lake, MI

City County
High School Graduates 94.03 90.56
College Degree - 2 year 17.91 11.01
College Degree - 4 year 13.43 20.52
Graduate Degree 0 5.83
Expenditures per Student 9,676 10,967
Students per Teacher 20.4 32.3

Elementary Schools near Bear Lake, MI

Grades Students P/T Ratio ZIP
Bear Lake Elementary School PK - 06 153 19.1 49614
Betsie Valley School KG - 05 140 14.4 49683
Crystal Lake Elementary School KG - 05 181 16.6 49616
KND Elementary KG - 05 237 17.4 49619
Onekama Elementary School KG - 05 161 17.4 49675

Middle Schools near Bear Lake, MI

Grades Students P/T Ratio ZIP
Benzie Central Middle School 07 - 08 257 17.9 49616
Brethren Middle School 06 - 08 123 21.1 49619

High Schools near Bear Lake, MI

Grades Students P/T Ratio ZIP
Bear Lake High School 07 - 12 154 26.9 49614
Benzie Central Senior High School 09 - 12 457 22.8 49616
Brethren High School 09 - 12 162 20.7 49619
Onekama Middle/High School 06 - 12 269 20.9 49675

Ungraded Schools near Bear Lake, MI

Grades Students P/T Ratio ZIP
* Benzie Academy 09 - 12 60 32.3 49616

Demographics near Bear Lake, MI

City County
Neighborhood Type Rural
Population 205 24,432
Population Density 649 45
Median Age 40.8 48.7
People per Household 2.4 2.3
Median Household Income 30,227 44,882
Average Income per Capita 16,853 24,398

Bear Lake Real Estate

The median home value in Bear Lake, MI is $239,500. This is higher than the county median home value of $124,500. The national median home value is $219,700. The average price of homes sold in Bear Lake, MI is $239,500. Approximately 34.86% of Bear Lake homes are owned, compared to 13.14% rented, while 52% are vacant. Bear Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bear Lake real estate agent to arrange a tour today!

Bear Lake, Michigan has a population of 205. Bear Lake is more family-centric than the surrounding county with 21.62% of the households containing married families with children. The county average for households married with children is 20.29%.

The median household income in Bear Lake, Michigan is $30,227. The median household income for the surrounding county is $44,882 compared to the national median of $57,652. The median age of people living in Bear Lake is 40.8 years.

Bear Lake Weather

The average high temperature in July is 80.5 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 34.9 inches per year, with 99.1 inches of snow per year.