Lakeview, MI housing market
The typical Lakeview home is worth about $225,000, up 5.9% in a year, 16% below the Michigan typical home.
Home values, sales, trends and how Lakeview compares with the towns next door — updated as new data is published.
Lakeview at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Lakeview | Michigan |
|---|---|---|
| 2017 | $120,000 | $144,000 |
| 2018 | $127,000 | $155,000 |
| 2019 | $138,000 | $165,000 |
| 2020 | $150,000 | $175,000 |
| 2021 | $170,000 | $194,000 |
| 2022 | $199,000 | $217,000 |
| 2023 | $202,000 | $230,000 |
| 2024 | $204,000 | $241,000 |
| 2025 | $210,000 | $253,000 |
| 2026 | $222,000 | $262,000 |
| August 2026 | $225,000 | $266,000 |
6.7 years of income
The typical Lakeview home costs about 6.7 years of the town's median household income, more than across Michigan (3.7 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,020
HUD's Fair Market Rent for a two-bedroom in Lakeview is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Lakeview pay a median of $496, so moving in tends to cost more than staying put. A two-bedroom takes about 36% of the town's median household income, above the 30% guideline for affordable housing.
Studio $700 · 4 bedrooms $1,360
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (48850; Montcalm County, MI HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.