The median home in Bear Lake, Michigan is valued at $297,379, up 11.8% year over year.
Home Value$297,379
+11.8%
AFFORDABILITY6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Bear Lake.
$59,476 on $297,379
Stretch — 32.3% of income
Above 28% but manageable with cuts.
PITI$2,019
P/I32.3%
Afford$258K
Gap-$40K
P&I $1,504Tax $382Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Michigan
Compare Bear Lake with other housing markets across Michigan.