Chippewa Lake49320

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$192,000
1.5% YoY Growth
Median Household Income
$68,800
5.3% 5-Year Growth
Days on Market
93
26.0% Longer than last year
Home Price Forecast
1.1%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Chippewa Lake

As of Oct '25, Realtor.com reports that the median days on market for a home in Chippewa Lake is 93. This is a increase of 26.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$250,000-11.0%
Listing Count
667.0%
Listings as % of Homes1.4%67.0%
Days on Market
9326.0%
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Demographics — Chippewa Lake

As of the latest ACS Survey released in 2023, Chippewa Lake has a population of 220, which has increased by 139.1% over the past 5 years. Chippewa Lake is a less popular place for families, as children make up 8.6% of the population. The area has a poorly educated workforce, with 3.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
220139.1%
% Under 18
8.6%-76.0%
% Seniors
25.9%240.8%
% WFH
5.3%∞%
% w/ College Degree
3.4%-33.3%
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Chippewa Lake lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
73.2%-26.8%
% Black
11.8%∞%
% Hispanic
1.4%∞%
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Chippewa Lake

Chippewa Lake lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Chippewa Lake

Chippewa Lake lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
6
Total Units Section 8
6
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$910
2 BedroomN/AN/A$1,130
3 BedroomN/AN/A$1,450
4 BedroomN/AN/A$1,610

Affordability — Chippewa Lake

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.6
Median Home Price$192,000
Median Household Income$68,800

Chippewa Lake — ZIP Code Boundary Map

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Frequently Asked Questions