A typical Lakeport home is worth roughly $206,000
Home prices around Lakeport have risen about 50% over the past 5 years.
What kind of housing town is Lakeport?
Read from the numbers below. The page puts what stands out first.
85% of Lakeport households own their home
Half of Lakeport’s homes were built before 1965.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A typical home costs 3.8 years of income
About the same as across Michigan. Try your own numbers below.
That covers a typical Lakeport home, with $6K to spare.
A two-bedroom rents for about $1,190 a month here, $40 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lakeport’s typical property tax (0.84% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 50% in 5 years
The federal house price index for the ZIP code around Lakeport rose 50% over the past 5 years, about the same as across Michigan. Last year prices fell 0.7%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Lakeport, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,190
Renters already here pay a median of $1,125.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Detroit-Warren-Livonia, MI HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Lakeport vs. its neighbors
The towns that share a border with Lakeport. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Lakeport | $206K* | −0.7%† | $1,190 | — | $54,236 |
| Burtchville | $162K* | −0.7%† | $1,190 | 3 | $58,872 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
On the market in Lakeport
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Lakeport buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.