Lake (48632) has an estimated 5,125 residents with 5,118 of those people in approximately 2,198 housing units. The 48632 zipcode contains 1,066 housing units that are owned with a mortgage or a loan, 823 housing units that are owned free and clear and 309 housing units that are renter occupied.

In Lake (48632) the median listing price of $94,900 has declined by $17,350 since 2018-10.

The median estimated home value in Lake, MI (48632) is $108,400 as of 2018-10-31

In Lake, MI (48632), values have declined by -0.03 from when they peaked at $111,800 in 2018-Q3

The Zillow Market Health Index for Lake, MI (48632) is 3.15. The corresponding state value is 6.27. This is significantly lower than the overall Market Health Index of Michigan.