The median home value in Walloon Lake, MI is $278,000. This is higher than the county median home value of $161,400. The national median home value is $219,700. The average price of homes sold in Walloon Lake, MI is $278,000. Approximately 39.44% of Walloon Lake homes are owned, compared to 9.01% rented, while 51.55% are vacant. Walloon 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 Walloon Lake real estate agent to arrange a tour today!
Walloon Lake, Michigan has a population of 312. Walloon Lake is less family-centric than the surrounding county with 13.48% of the households containing married families with children. The county average for households married with children is 25.16%.
The median household income in Walloon Lake, Michigan is $65,000. The median household income for the surrounding county is $51,567 compared to the national median of $57,652. The median age of people living in Walloon Lake is 56.4 years.
The average high temperature in July is 79.2 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 32.4 inches per year, with 110.8 inches of snow per year.