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Housing in Central Lake Township

48 homes sold in Central Lake Township in the last year, at a typical $351K

Redfin reports Central Lake Township’s sales by ZIP code, so these figures are for ZIP 49622, which takes in Central Lake Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Central Lake Township homes are listed.

Homes for sale in Central Lake TownshipZillowRealtor.comMore places to look ↓
Homes sold
48
ZIP 49622 · October 2025 to September 2026
Typical sale price
$351K
median, weighted by sales
Price per square foot
$211
Michigan $168
Paid vs. asking
94.3%
8% sold over asking
For sale now
30
September 2026 · 5 sold that month
What sold · last 12 months · ZIP 49622

Houses are 0% of Central Lake Township’s sales, at a typical — (year to May 2026)

48 homes sold in the year to September 2026.

14 years of sales

About as many homes sell as usual, at 2.4 times the 2016 price

48 sales in the last year, against 54 in 2017 and a low of 35 in 2015. The typical sale went from $148K in 2016 to $351K.

Homes soldTypical sale price
0255075100$100K$200K$300K$400K2012: 37 sold, typical $137K’122013: 44 sold, typical $232K2014: 37 sold, typical $84K’142015: 35 sold, typical $110K2016: 45 sold, typical $148K’162017: 54 sold, typical $150K2018: 37 sold, typical $144K’182019: 54 sold, typical $169K2020: 53 sold, typical $293K’202021: 38 sold, typical $254K2022: 48 sold, typical $270K’222023: 43 sold, typical $270K2024: 41 sold, typical $343K’242025: 40 sold, typical $346KLast 12 months: 48 sold, typical $351KNow

Source: Redfin Data Center, MLS sales; for ZIP 49622, which takes in Central Lake Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Central Lake Township are back to pre-pandemic levels, but a third fewer homes come up for sale

We read every month of home sales in ZIP 49622 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 48 sales.

If you’re buying in Central Lake Township

  • Shop in July. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • Offer under asking. Buyers paid 94.3% of the list price on average; 8% paid over.
  • You’ll usually have time. Only 27% of homes go under contract within two weeks; the typical one takes 64 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 9 a month), but April is the most competitive: 24% of April sales close over asking. July offers nearly as much choice with fewer homes bid up (17%). December has the least competition (11%) but only about 2 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 2 new listings a month, 16% sold over asking, 123 days to sellJFeb: 2 new listings a month, 17% sold over asking, 114 days to sellFMar: 4 new listings a month, 18% sold over asking, 103 days to sellMApr: 5 new listings a month, 24% sold over asking, 93 days to sellAMay: 8 new listings a month, 20% sold over asking, 96 days to sellMJun: 9 new listings a month, 22% sold over asking, 90 days to sellJJul: 9 new listings a month, 17% sold over asking, 96 days to sellJAug: 7 new listings a month, 21% sold over asking, 82 days to sellASep: 6 new listings a month, 20% sold over asking, 77 days to sellSOct: 4 new listings a month, 17% sold over asking, 77 days to sellONov: 3 new listings a month, 13% sold over asking, 94 days to sellNDec: 2 new listings a month, 11% sold over asking, 102 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Michigan

Central Lake Township now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price8%12%32%28%
Gone within two weeksShare of homes under contract within 14 days27%2%0%40%
Price paid vs. askingAverage sale price ÷ list price94.3%94.8%96.7%98.1%
Days to sellMedian days from listing to contract641228536
Supply

20 homes for sale on a typical day

That’s twice the 2023 low (10), 35% fewer than in 2017–19 and well under 2016’s 39.

2012: 34 for sale’122013: 38 for sale2014: 32 for sale2015: 33 for sale’152016: 39 for sale2017: 35 for sale2018: 28 for sale’182019: 29 for sale2020: 18 for sale2021: 13 for sale’212022: 12 for sale2023: 10 for sale2024: 17 for sale’242025: 17 for saleLast 12 months: 20 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 49622, which takes in Central Lake Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Central Lake Township home costs about $2,064 a month

Mortgage
Property tax
Insurance
Rent

Price: Central Lake Township’s typical sale, last 12 months. Property tax at Central Lake Township’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Central Lake Township is affordable on local pay is on Cost of living.

Before you buy in Central Lake Township

Six things worth knowing

9

New listings in June

The month with the most choice. December has the fewest, about 2.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $351K home, about $2,790 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Central Lake Township, from test results, graduation and how much students grow.

Schools in Central Lake Township
27 min

Typical commute

The average one-way trip to work for people who live in Central Lake Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Central Lake, Lakes of the North and Kalkaska sell for less a square foot; Elk Rapids for far more

The busier markets within 25 miles of Central Lake Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lakes of the North53$248K$16317%63
Central Lake Township (ZIP 49622)48$351K$2118%64
Elk Rapids44$457K$31213%61
Kalkaska31$214K$17331%86
Bellaire24$265K$21619%50
Central Lake21$226K$1682%58
Rapid City21$289K$2070%75

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Central Lake Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Central Lake Township. People who follow the town see it, and so do people comparing Central Lake Township with their own town. No commission, no listing fee.

Questions about buying a home in Central Lake Township

What do homes sell for in Central Lake Township, MI?

48 homes sold in the year to September 2026 at a typical $351K, $211 a square foot.

Is Central Lake Township a buyer’s or seller’s market?

A balanced market: 30 homes were for sale in September 2026 and 5 sold, about 5.3 months of supply. Buyers paid 94.3% of asking on average.

When is the best time to buy in Central Lake Township?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Central Lake Township?

About 0.8% of a home’s value a year. On a $351K home that’s near $2,790.

Where can I see homes for sale in Central Lake Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Central Lake Township’s MLS listings; the search links above open each one filtered to Central Lake Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 49622, which takes in Central Lake Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).