What is the median home value in Lake Isabella, MI?
The median value of owner-occupied homes in Lake Isabella, MI is $184,000 (±$18,999), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Lake Isabella, the median home value went from $161,800 in 2015–2019 to $184,000 in 2020–2024 (+13.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $184,000 (±$18,999)
- Owner-occupied homes
- 755 (±150)
- Most common range
- $150,000 to $199,999
Home values in Lake Isabella
| Value | Lake Isabella | Isabella County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 11.8% (±4.9 points) | 8.7% | 7.6% | 5.3% |
| $50,000 to $99,999 | 10.9% (±4.0 points) | 12.6% | 9.2% | 6.1% |
| $100,000 to $149,999 | 7.8% (±3.7 points) | 16.7% | 10.6% | 6.8% |
| $150,000 to $199,999 | 25.3% (±6.5 points) | 21.8% | 14.1% | 9.0% |
| $200,000 to $299,999 | 22.1% (±5.6 points) | 22.8% | 23.4% | 17.8% |
| $300,000 to $499,999 | 12.3% (±4.4 points) | 13.6% | 24.1% | 26.9% |
| $500,000 to $999,999 | 7.8% (±2.8 points) | 3.0% | 9.2% | 20.9% |
| $1,000,000 or more | 2.0% (±2.0 points) | 0.9% | 1.6% | 7.1% |
The most common range is $150,000 to $199,999, 25.3% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Lake Isabella against Isabella County, its state and the nation
| Lake Isabella | Isabella County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $184,000 (±$18,999) | $170,400 (±$3,660) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 755 (±150) | 15,406 (±447) | 2,984,190 (±12,886) | 84,210,142 |
In Lake Isabella, the median home value is not measurably different from Isabella County ($170,400).
It is also lower than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Isabella County, Lake Isabella ranks 1 of 3 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 74 of 253.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Lake Isabella have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $161,800 (±$20,285) | $184,000 (±$18,999) | +13.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,189 (±$81) | $1,189 (±$56) | 0.0% | Down after inflation |
| Median real estate taxes | $2,042 (±$268) | $1,971 (±$280) | −3.5% | Down after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Lake Isabella
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Lake Isabella | — | $184,000 (±$18,999) | — |
| Broomfield Township | 3.3 mi | $196,400 (±$20,015) | Not measurably different |
| Nottawa Township (Isabella County) | 5.4 mi | $199,400 (±$17,631) | Not measurably different |
| Deerfield Township (Isabella County) | 6.1 mi | $237,000 (±$36,192) | Higher |
| Sheridan Township (Mecosta County) | 6.5 mi | $156,200 (±$25,202) | Not measurably different |
| Wheatland Township (Mecosta County) | 7.8 mi | $188,800 (±$31,154) | Not measurably different |
| Coldwater Township (Isabella County) | 9.0 mi | $158,300 (±$64,846) | Not measurably different |
| Gilmore Township (Isabella County) | 9.9 mi | $157,300 (±$21,446) | Not measurably different |
| Rolland Township | 10 mi | $209,900 (±$26,306) | Not measurably different |
Nearby places with a measurably higher figure: Deerfield Township (Isabella County), MI ($237,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Isabella County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Lake Isabella | $184,000 (±$18,999) |
| 2 | Shepherd | $157,000 (±$10,128) |
| 3 | Rosebush | $104,500 (±$15,064) |
Lake Isabella lies inside Sherman Township (Isabella County), whose figures include it, so it is ranked only against places like it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Isabella
What is the average home value in Lake Isabella, MI?
The Census Bureau publishes the median: $184,000 (±$18,999) for owner-occupied homes in Lake Isabella (2020–2024 American Community Survey).
Have home values in Lake Isabella gone up?
In Lake Isabella, the median home value went from $161,800 in 2015–2019 to $184,000 in 2020–2024 (+13.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Lake Isabella sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Isabella village, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake Isabella village, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lake Isabella village, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lake Isabella village, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Isabella village, Michigan (place:44715, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Homeowner costs in Lake Isabella
- Property taxes in Lake Isabella
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- Population growth in Lake Isabella
- How long people stay in Lake Isabella
- Michigan landlord and tenant rules
- Housing across Isabella County
- Michigan places ranked by median home value
- Housing data for every place in Michigan