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Housing in Vandercook Lake · A strong seller's market

A typical Vandercook Lake home is worth roughly $161,000

Homes typically sell in 37 days, a little above asking.

Typical home value
$161K
▲ 5.1% in a year · MI $232K
Estimate
Median sale price
$158K
May 2026 · Redfin
Days on market
37
Slower than MI (24)
Sale-to-list
101.5%
Homes sell above asking
Homes sold
7
in May · 12 for sale
2-bedroom rent
$1,230
a month, utilities in · HUD
Median tax bill
$1,865
MI $2,904

What kind of housing town is Vandercook Lake?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Market temperature

A strong seller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Seller’s marketA strong seller's marketBuyer’sSeller’s

Under ~4 months of supply favors sellers; over ~6 favors buyers.

1.7
months of supply · MI 2.6
37
days to sell · MI 24
101.5%
of asking price, at sale
57.1%
sold above asking
75%
under contract within 2 weeks
6
new listings in May

Redfin Data Center, all residential sales, May 2026.

Affordability

A typical home costs 2.7 years of income

Less than across Michigan (3.2 years). Try your own numbers below.

You could afford about
$216,000
Typical Vandercook Lake home $161K

That covers a typical Vandercook Lake home, with $55K to spare.

The typical home, each month
$1,030
Loan $800Tax $180Insurance $50

A two-bedroom rents for about $1,230 a month here, $200 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Vandercook Lake’s typical property tax (1.37% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

93% of Vandercook Lake households own their home

Half of Vandercook Lake’s homes were built before 1958.

Owners and renters
Own 93%Rent 7%

Michigan: 73% own.

1958
typical home built · MI 1972
$1,865
median property tax bill · MI $2,904
1.37%
of a home’s value, a year in tax · MI 1.25%

U.S. Census Bureau, American Community Survey 2020-2024.

Price trend

Home prices up 49% in 5 years

The federal house price index for the ZIP codes around Vandercook Lake rose 49% over the past 5 years, about the same as across Michigan. Last year prices rose 5.1%. Carrying the Census median home value forward with that index puts the typical Vandercook Lake home at roughly $161,000 today.

Vandercook Lake areaMichigan
−50%0%+50%+100%200020052010201520202025
+5.1%
past year
+49%
past 5 years
+94%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $161K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Vandercook Lake, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,230

Renters already here pay a median of $1,141.

Fair Market Rent a month, utilities included

Studio$880
1 bedroom$990
2 bedrooms$1,230
3 bedrooms$1,620
4 bedrooms$1,720
7%
of households rent · MI 27%
126
renter households
17%
of renters spend 30%+ of income on rent · MI 50%
25%
of the median income, for a two-bedroom
$1,141
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Jackson, MI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Vandercook Lake vs. its neighbors

Vandercook Lake is the least expensive of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Vandercook Lake$161K*+5.1%†$1,230—$59,262
Summit$197K*+5.4%†$1,21020$65,987
Jackson$192K+2.6%$1,190130$44,558

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 Vandercook Lake buyers, sellers and renters are saying.

Town Square →
Weigh in
The data says Vandercook Lake is a strong seller's market. Is that what you’re seeing?

Your answer becomes a post in Town Square.

Start the conversation

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.

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