Three Lakes, MI Housing

Three Lakes, MI is a great place to buy a house as the median value of homes in the area is only around $245,500. Compared to the US House median value of $338,100, this provides savings for potential homeowners. Additionally, the 1 year house appreciation rate in Three Lakes has been an impressive 23.10%, much higher than the 8.27% seen nationwide over the same period. With these factors combined, Three Lakes is an ideal place for those looking to purchase a home and benefit from solid returns in a short time frame.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Three Lakes, Michigan	United States
	247.0	139,647,020.0
	45	42
	$245,500	$338,100
	23.1%	16.6%
	60.1%	57.0%
	71.4%	101.1%
	$15.14	$10.98
	$2,155	$2,690
	30.4%	57.4%
	68.0%	11.2%
	1.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	68.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	2.7%	3.9%
	5.3%	4.5%
	12.0%	11.3%
	22.7%	13.0%
	52.0%	20.1%
	2.7%	13.6%
	0.0%	8.3%
	2.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.1%	13.6%
	10.1%	13.6%
	23.1%	13.6%
	9.3%	13.2%
	15.0%	14.8%
	23.1%	13.6%
	18.6%	10.0%
	1.6%	4.7%
	2.8%	12.2%