21 homes sold in Central Lake in the last year, at a typical $226K
Almost every sale is a house. Below: what each kind of home sells for and a shortcut to every site where Central Lake homes are listed.
Every place Central Lake homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Central Lake.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Central Lake’s sales, at a typical — (year to May 2026)
21 homes sold in the year to September 2026.
More homes sell than most years, at 1.6 times the 2016 price
21 sales in the last year, against 27 in 2019 and a low of 9 in 2012. The typical sale went from $139K in 2016 to $226K.
Source: Redfin Data Center, MLS sales; from June 2026 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.
Owning the typical Central Lake home costs about $1,355 a month
Price: Central Lake’s typical sale, last 12 months. Property tax at Central Lake’s 0.9% (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 is affordable on local pay is on Cost of living.
Four things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $226K home, about $2,110 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Central Lake.
Work & commuteCheck 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 hazardsLook 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.
No busy market nearby sells for less a square foot; Bellaire and Elk Rapids for far more
The busier markets within 25 miles of Central Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lakes of the North | 53 | $248K | $163 | 17% | 63 |
| Elk Rapids | 44 | $457K | $312 | 13% | 61 |
| Kalkaska | 31 | $214K | $173 | 31% | 86 |
| Bellaire | 24 | $265K | $216 | 19% | 50 |
| Central Lake | 21 | $226K | $168 | 2% | 58 |
| Rapid City | 21 | $289K | $207 | 0% | 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.
Post your home to Central Lake, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Central Lake. People who follow the town see it, and so do people comparing Central Lake with their own town. No commission, no listing fee.
Questions about buying a home in Central Lake
What do homes sell for in Central Lake, MI?
21 homes sold in the year to September 2026 at a typical $226K, $168 a square foot.
Is Central Lake a buyer’s or seller’s market?
A seller’s market: 4 homes were for sale in September 2026 and 2 sold, about 2 months of supply. Buyers paid 94.4% of asking on average.
How much are property taxes in Central Lake?
About 0.9% of a home’s value a year. On a $226K home that’s near $2,110.
Where can I see homes for sale in Central Lake?
Zillow, Redfin, Realtor.com and Homes.com all carry Central Lake’s MLS listings; the search links above open each one filtered to Central Lake.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 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).