Lake Ann, MI 49650 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lake Ann, MI—49650

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$384,000

0.2% YoY Growth

Household Income

$91,100

21.3% YoY Growth

Days on Market

105

168.0% Longer YoY

Home Price Forecast

4.1%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Lake Ann, MI

As of Dec '25, the median home price in Lake Ann, MI is $384,000, with a year-over-year change of 0.2%. This indicates that home prices in Lake Ann, MI are flat. According to Zillow, the 1-year price projection is 4.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$384,000	0.2%
Single Family	$386,000	-0.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lake Ann, MI

Lake Ann, MI lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio 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
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

14.2%

2 Bedrooms

21.2%

3 Bedrooms

50.4%

4 Bedrooms

14.2%

Property Listings — Lake Ann, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Lake Ann, MI is 84. This is a increase of 87.0% 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$769,000	69.0%
Listing Count	7	38.0%
Listings as % of Homes	0.7%	38.0%
Days on Market	105	168.0%

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Demographics — Lake Ann, MI

As of the latest ACS Survey released in 2023, Lake Ann, MI has a population of 3,450, which has increased by 6.1% over the past 5 years. Lake Ann, MI is a popular place for families, as children make up 25.3% of the population. The area has a moderately educated workforce, with 37.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,450	6.1%
% Under 18	25.3%	-4.2%
% Seniors	14.8%	-12.4%
% WFH	7.4%	29.8%
% w/ College Degree	37.6%	-1.3%

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As of the latest ACS Survey released in 2023, Lake Ann, MI is a predominantly white area, with 93.7% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Lake Ann, MI is black, making up 0.4% of the population. Foreign-born residents account for 0.6% of the population in Lake Ann, MI, and this percentage has decreased by 71.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	93.7%	-3.1%
% Black	0.4%	∞%
% Hispanic	0.0%	-100.0%
% Asian	0.2%	∞%
% Foreign Born	0.6%	-71.4%

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Mortgage and Risk — Lake Ann, MI

According to HUD data as of 2023, there were 95 mortgage originations in Lake Ann, MI, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Lake Ann, MI. Investor activity is low, as 2.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	95
% Conventional Loans	87.0%
% Government Loans	13.0%
% Investor Loans	2.0%
% Second Loans	3.0%
% Cash Out Refinance	19.0%

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Rentals and Section 8 — Lake Ann, MI

Lake Ann, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

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

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,190
2 Bedroom	N/A	N/A	$1,560
3 Bedroom	N/A	N/A	$1,880
4 Bedroom	N/A	N/A	$2,070

Lake Ann, MI—49650

Key Metrics at a Glance

Home Price Trends — Lake Ann, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lake Ann, MI

% of Rental Stock

Property Listings — Lake Ann, MI

Demographics — Lake Ann, MI

Race and Ethnicity

Mortgage and Risk — Lake Ann, MI

Mortgages

Rentals and Section 8 — Lake Ann, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Lake Ann, MI

Home Price to Income Ratio

Lake Ann, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Interlochen, MI

Empire, MI

Maple City, MI

Honor, MI

Cedar, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$384,000
Median Household Income	$91,100

Lake Ann, MI—49650

Key Metrics at a Glance

Home Price Trends — Lake Ann, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lake Ann, MI

% of Rental Stock

Property Listings — Lake Ann, MI

Demographics — Lake Ann, MI

Race and Ethnicity

Mortgage and Risk — Lake Ann, MI

Mortgages

Rentals and Section 8 — Lake Ann, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Lake Ann, MI

Home Price to Income Ratio

Lake Ann, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Interlochen, MI

Empire, MI

Maple City, MI

Honor, MI

Cedar, MI

Frequently Asked Questions

What is the average home price in Lake Ann, MI 49650?

How have home prices in Lake Ann, MI 49650 changed over the past year?

What is the home price projection for Lake Ann, MI 49650?

What are the demographics of Lake Ann, MI 49650?

How long does it take homes to sell in Lake Ann, MI 49650?

What is the average rent price in Lake Ann, MI 49650?