Walloon Lake, MI Housing

C
4%
Med. Home Val. NAT. AVG.
8%
Rent NAT. AVG.
18%
Owner Occ. NAT. AVG.
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Walloon Lake Housing Information

IndexWalloon LakeMichiganNational
Median home price$176,800$127,800$184,700
Median rent asked$1,028$799$949
Avg. people per household2.22.52.6
Owner occupied households75.2%70.8%63.6%
Renter occupied households24.8%29.2%36.4%
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Housing Quick Facts

  • The median home price in Walloon Lake is 4% lower than the national average.
  • The median rent asked in Walloon Lake is 8% higher than the national average.
  • The average number of people per household in Walloon Lake is 16% lower than the national average.
  • The number of owner occupied households in Walloon Lake is 18% higher than the national average.
  • The number of renter occupied households in Walloon Lake is 32% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Ponshewaing, MI31$0100%
      Bay View, MI177$0100%
      Oden, MI463$76,30059%
      Vanderbilt, MI493$79,50057%
      East Jordan, MI2,133$91,50050%
      Walloon Lake, MI310$176,8004%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Holy Cross, IA310$134,40027%
      Elliott, IL310$75,00059%
      South Heights, PA310$99,10046%
      Hanoverton, OH310$102,30045%
      Floyd, IA310$88,20052%
      Walloon Lake, MI310$176,8004%
      Source: The Walloon Lake, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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