A typical Manitou Beach-Devils Lake home is worth roughly $307,000
Homes typically sell in 49 days, below asking.
What kind of housing town is Manitou Beach-Devils Lake?
Read from the numbers below. The page puts what stands out first.
Home prices up 63% in 5 years
The federal house price index for the ZIP codes around Manitou Beach-Devils Lake rose 63% over the past 5 years, faster than across Michigan (52%). Last year prices rose 9.5%. Carrying the Census median home value forward with that index puts the typical Manitou Beach-Devils Lake home at roughly $307,000 today.
Carrying the Census median forward with the index puts a typical home at about $307K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Manitou Beach-Devils Lake, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
95% of Manitou Beach-Devils Lake households own their home
Half of Manitou Beach-Devils Lake’s homes were built before 1964.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024.
A typical home costs 3.7 years of income
More than across Michigan (3.2 years). Try your own numbers below.
That covers a typical Manitou Beach-Devils Lake home, with $5K to spare.
A two-bedroom rents for about $1,050 a month here, $880 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Manitou Beach-Devils Lake’s typical property tax (1.23% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A seller's market
Supply is tight — about 3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, May 2026.
A two-bedroom rents for about $1,050
Renters already here pay a median of $963.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lenawee County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Manitou Beach-Devils Lake vs. its neighbors
The towns that share a border with Manitou Beach-Devils Lake. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Manitou Beach-Devils Lake | $307K* | +9.5%† | $1,050 | — | $83,980 |
| Rollin | $225K* | +7%† | $1,070 | 9 | $79,736 |
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.
Neighbors talk housing
What Manitou Beach-Devils Lake 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, May 2026. 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.