Long Lake, Michigan 

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United States / Michigan / Traverse City Metro Area / Grand Traverse County / Long Lake / Zip Codes

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Housing in Long Lake, Michigan

Long Lake, MI is known for its low cost of living paired with amazing facilities and services available nearby. Home prices tend to be 15-16% below U.S averages and necessary components such as food or gas run around 15–16 % discounted from time to time too. Utilities also provide a few extra savings - running 4–5%, it's sure to help you manage your spending budget better!

The median home cost in Long Lake is $469,100. Home appreciation the last 10 years has been 120.8%. Home Appreciation in Long Lake is up 15.5%.

Average Age of Homes
- The median age of Long Lake real estate is 26 years old
The Rental Market in Long Lake
- Renters make up 10.1% of the Long Lake population
- 1.0% of houses and apartments in Long Lake, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.



MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

HOUSING BY YEAR BUILT

  HOUSINGLong Lake, MichiganUnited States
  4,295137,428,986
  2841
  $469,100$338,100
  15.5%8.3%
  68.2%57.8%
  120.8%108.7%
  $10.86$11.36
  $2,615$2,724
  75.0%56.2%
  16.4%12.1%
  8.6%31.6%
  VACANT HOUSING
  1.0%2.0%
  0.0%0.4%
  0.0%0.9%
  0.9%0.5%
  14.6%4.0%
  0.0%4.3%
  VALUE OF OWNER-OCCUPIED HOUSING
  3.8%2.7%
  0.0%2.7%
  1.0%3.4%
  1.0%4.7%
  1.4%5.5%
  10.0%13.3%
  23.0%14.0%
  30.6%19.6%
  15.6%12.2%
  5.3%7.1%
  5.0%8.2%
  2.1%3.2%
  0.4%1.8%
  0.8%0.7%
  0.0%0.9%
  HOUSING UNITS BY YEAR STRUCTURE BUILT
  3.3%2.5%
  3.9%2.7%
  21.5%14.0%
  24.9%13.9%
  17.6%13.4%
  15.9%15.2%
  24.9%13.9%
  3.7%10.3%
  2.0%4.9%
  4.7%12.6%
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