Central Lake Real Estate Market Conditions

  • Median sales price

    $255,000
    11.64% change since last quarter
  • # Active listings

    21
    30-day change

Central Lake Schools and Demographics

Education near Central Lake, MI

City County
High School Graduates 93.65 91.02
College Degree - 2 year 11.74 8.83
College Degree - 4 year 20.03 26.93
Graduate Degree 4.7 8.14
Expenditures per Student 12,406 10,544
Students per Teacher 14.6 18

Elementary Schools near Central Lake, MI

Grades Students P/T Ratio ZIP
East Jordan Elementary School PK - 05 409 18.1 49727
John R Rodger Elementary School KG - 05 144 14.7 49615
Lakeland Elementary School PK - 05 373 19.3 49629

Middle Schools near Central Lake, MI

Grades Students P/T Ratio ZIP
Cherryland Middle School 06 - 08 307 20.9 49629
East Jordan Middle School 06 - 08 204 18.9 49727

High Schools near Central Lake, MI

Grades Students P/T Ratio ZIP
Bellaire Middle/High School 06 - 12 235 17.8 49615
East Jordan High School 09 - 12 315 21.6 49727
Elk Rapids High School 09 - 12 405 20.2 49629

Ungraded Schools near Central Lake, MI

Grades Students P/T Ratio ZIP
* Sunrise Academy 09 - 12 27 27 49629
Central Lake Public Schools KG - 12 297 14.3 49622
Ellsworth Community School PK - 12 271 16 49729

Demographics near Central Lake, MI

City County
Neighborhood Type Small Town
Population 986 23,133
Population Density 983 49
Median Age 45.4 50.4
People per Household 2.2 2.4
Median Household Income 41,719 50,988
Average Income per Capita 27,638 29,307

Central Lake Real Estate

The median home value in Central Lake, MI is $255,000. This is higher than the county median home value of $155,000. The national median home value is $219,700. The average price of homes sold in Central Lake, MI is $255,000. Approximately 52.76% of Central Lake homes are owned, compared to 22.93% rented, while 24.31% are vacant. Central 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 Central Lake real estate agent to arrange a tour today!

Central Lake, Michigan has a population of 986. Central Lake is more family-centric than the surrounding county with 29.1% of the households containing married families with children. The county average for households married with children is 23.35%.

The median household income in Central Lake, Michigan is $41,719. The median household income for the surrounding county is $50,988 compared to the national median of $57,652. The median age of people living in Central Lake is 45.4 years.

Central Lake Weather

The average high temperature in July is 79.6 degrees, with an average low temperature in January of 13.1 degrees. The average rainfall is approximately 32.7 inches per year, with 123.3 inches of snow per year.