Sylvan Lake, MI Housing


1 Reviews



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United States / Michigan / Detroit-Warren-Dearborn Metro Area / Oakland County / Sylvan Lake / Zip Codes
Sylvan Lake, MI is a great place to buy and invest in real estate. The housing median value is slightly lower than the US average at $321,100 compared to $338,100, but it still offers a good return on investment with an 8.00% 1 year house appreciation rate. This shows that the market is stable and is a safe bet for potential homeowners looking to buy in this area.

The median home cost in Sylvan Lake is $321,100. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Sylvan Lake is up 11.2%.

Average Age of Homes
- The median age of Sylvan Lake real estate is 62 years old
The Rental Market in Sylvan Lake
- Renters make up 18.8% of the Sylvan Lake population
- 0.0% of houses and apartments in Sylvan 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

  HousingSylvan Lake, MichiganUnited States
  897.0139,647,020.0
  6442
  $321,100$338,100
  11.2%16.6%
  45.5%57.0%
  110.3%101.1%
  $14.06$10.98
  $3,881$2,690
  79.6%57.4%
  2.0%11.2%
  18.4%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  2.0%0.4%
  0.0%3.6%
  0.0%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  0.8%2.4%
  0.0%2.8%
  0.6%3.9%
  2.2%4.5%
  2.7%11.3%
  10.2%13.0%
  42.4%20.1%
  14.7%13.6%
  8.1%8.3%
  4.6%9.7%
  2.7%3.9%
  2.1%2.2%
  0.0%0.8%
  8.8%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  9.8%13.6%
  9.8%13.6%
  4.2%13.6%
  6.6%13.2%
  9.6%14.8%
  4.2%13.6%
  22.9%10.0%
  11.6%4.7%
  22.1%12.2%
Reviews for Sylvan Lake
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Robert · Keego Harbor, MI
"Prettiest Little City in Michigan"
Over 15 years ago

It's hard to believe such a place exists in SE Michigan. So close to business centers, yet when you enter the city, you feel 1000 miles from hustle & bustle. The  More

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