27 homes sold in Lakefield Township in the last year, at a typical $238K
Redfin reports Lakefield Township’s sales by ZIP code, so these figures are for ZIP 49853, which takes in Lakefield 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 Lakefield Township homes are listed.
Every place Lakefield Township 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 Lakefield Township.
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 Lakefield Township’s sales, at a typical — (year to May 2026)
27 homes sold in the year to September 2026.
More homes sell than most years, at 2.3 times the 2016 price
27 sales in the last year, against 31 in 2023 and a low of 15 in 2013. The typical sale went from $105K in 2016 to $238K.
Source: Redfin Data Center, MLS sales; for ZIP 49853, which takes in Lakefield 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.
Bidding wars in Lakefield Township are rarer than before the pandemic, and more homes are for sale
We read every month of home sales in ZIP 49853 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, 27 sales.
If you’re buying in Lakefield Township
- Shop in July. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (6% over asking).
- Offer under asking. Buyers paid 93.6% of the list price on average; 0% paid over.
- You’ll usually have time. Only 24% of homes go under contract within two weeks; the typical one takes 54 days.
Summer brings the homes; winter brings the bidding wars
August has the most new listings (about 4 a month), but February is the most competitive: 18% of February sales close over asking. June and July offer nearly as much choice with fewer homes bid up (7%). December has the least competition (2%) but only about 1 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Michigan
| Lakefield Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 0% | 9% | 3% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 24% | 6% | 2% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 93.6% | 93.6% | 91.8% | 98.1% |
| Days to sellMedian days from listing to contract | 54 | 128 | 117 | 36 |
12 homes for sale on a typical day
That’s 2.4 times the 2024 low (5) and 20% more than in 2017–19.
Source: Redfin Data Center, ZIP code tracker; for ZIP 49853, which takes in Lakefield 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.
Owning the typical Lakefield Township home costs about $1,398 a month
Price: Lakefield Township’s typical sale, last 12 months. Property tax at Lakefield 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 Lakefield Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. February has the fewest, about 0.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $238K home, about $1,870 a year.
Taxes vs. neighborsSchools
The schools grade for Lakefield Township, from test results, graduation and how much students grow.
Schools in Lakefield TownshipTypical commute
The average one-way trip to work for people who live in Lakefield Township.
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.
Post your home to Lakefield Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lakefield Township. People who follow the town see it, and so do people comparing Lakefield Township with their own town. No commission, no listing fee.
Questions about buying a home in Lakefield Township
What do homes sell for in Lakefield Township, MI?
27 homes sold in the year to September 2026 at a typical $238K, $167 a square foot.
Is Lakefield Township a buyer’s or seller’s market?
A balanced market: 18 homes were for sale in September 2026 and 3 sold, about 5.5 months of supply. Buyers paid 93.6% of asking on average.
When is the best time to buy in Lakefield Township?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lakefield Township?
About 0.8% of a home’s value a year. On a $238K home that’s near $1,870.
Where can I see homes for sale in Lakefield Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Lakefield Township’s MLS listings; the search links above open each one filtered to Lakefield Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 49853, which takes in Lakefield 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).