Bear Lake Real Estate
25 active listings · 47 sold in the past 12mo
$289,000
Median List Price
47
Sold (past 12mo)
67
Avg Days on Market
-19.2%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Bear Lake Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Bear Lake and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
Loading map…
Market Dashboard
Homes for Sale(25)
View all with filters →
For Sale
1/85
$1,450,000
5859 Potter Road, Bear Lake, MI 49614
4 bd5 ba7,374 sqft20 ac
Single Family
For Sale
1/41
$878,000
3528 Potter Road, Bear Lake, MI 49614
4 bd2 ba47.37 ac
Single Family
Under Contract
1/66
$859,000
6823 Three Pines Road, Bear Lake, MI 49614
3 bd2 ba2,020 sqft1.03 ac
Single Family
For Sale
1/35
$727,500
8110 Ames Road, Bear Lake, MI 49614
3 bd1 ba60 ac
Single Family
For Sale
1/29
$725,000
11436 Lakeview Road NE, Bear Lake, MI 49646
3 bd3 ba3,000 sqft0.47 ac
Single Family
For Sale
1/86
$569,000
10653 Milarch Road, Bear Lake, MI 49614
2 bd2 ba1,808 sqft5.50 ac
Single Family
For Sale
1/36
$549,000
7909 11 Mile Road, Bear Lake, MI 49614
8 bd3 ba3,200 sqft48 ac
Single Family
For Sale
1/38
$429,000
14200 Plagany Road, Bear Lake, MI 49614
5 bd1 ba1,511 sqft80 ac
Single Family
For Sale
1/45
$409,000
13200 Hopkins Forest Drive, Bear Lake, MI 49614
3 bd3 ba2,094 sqft0.17 ac
Single Family
For Sale
1/56
$389,900
7378 Chief Road, Bear Lake, MI 49614
2 to 4 UnitsBuilt 19001.72 ac
2-4 Unit
For Sale
1/48
$341,500
8671 13 Mile Road, Bear Lake, MI 49614
3 bd2 ba2,040 sqft2.70 ac
Single Family
For Sale
1/25
$335,000
13625 Potter Road, Bear Lake, MI 49614
3 bd2 ba1,546 sqft4.50 ac
Single Family
For Sale
1/51
$289,000
7651 Main Street, Bear Lake, MI 49614
2 bd2 ba1,058 sqft0.13 ac
Single Family
For Sale
1/50
$289,000
11518 Chippewa Highway, Bear Lake, MI 49614
4 bd2 ba2,171 sqft3 ac
Single Family
For Sale
1/37
$261,000
13195 Pak Road, Bear Lake, MI 49614
2 bd1 ba2.11 ac
Single Family
For Sale
1/24
$249,900
12195 Maple Street, Bear Lake, MI 49614
3 bd1 ba0.60 ac
Single Family
For Sale
1/35
$249,000
11875 Milarch Road, Bear Lake, MI 49614
3 bd1 ba1,458 sqft1.61 ac
Single Family
For Sale
1/48
$219,900
11369 Milarch Road, Bear Lake, MI 49614
1 bd2 ba11.58 ac
Single Family
Under Contract
1/35
$210,000
6756 Potter Road, Bear Lake, MI 49614
1 bd1 ba1,063 sqft0.72 ac
Single Family
Under Contract
1/35
$210,000
6756 Potter Road, Bear Lake, MI 49614
1 bd1 ba0.72 ac
Single Family
For Sale
1/18
$187,000
6620 Potter Road, Bear Lake, MI 49614
3 bd2 ba1,144 sqft0.42 ac
Single Family
Under Contract
1/49
$180,000
16402 Big Four Road, Bear Lake, MI 49614
3 bd2 ba1,300 sqft1 ac
Single Family
Under Contract
1/49
$180,000
16402 Big Four Road, Bear Lake, MI 49614
3 bd2 ba1 ac
Single Family
For Sale
1/46
$115,000
9163 Elsie Avenue, Bear Lake, MI 49614
3 bd2 ba1,200 sqft
Mfg Home
Recently Sold(47)
Frequently Asked Questions about Bear Lake
What is the current real estate inventory in Bear Lake?
Buyers in Bear Lake can choose from 25 active listings. The median asking price is $289,000.
What is the median home price in Bear Lake?
Based on 47 sales in the past year, homes in Bear Lake have a median price of $289,000.
How fast do homes sell in Bear Lake?
Over the past year, homes in Bear Lake spent an average of 67 days on market before selling.
What school districts serve Bear Lake?
Bear Lake is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Bear Lake may be zoned for different districts. Check individual listings for the specific school district assignment.
Is Bear Lake a buyer's or seller's market?
With 6.4 months of inventory, Bear Lake is currently a buyer's market. This is based on 25 active listings and 47 sales in the past 12 months.
How much are property taxes in Bear Lake?
Michigan property taxes in Bear Lake are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Bear Lake?
Per U.S. Census ACS data, Bear Lake has a -19.2% Household Formation Gap over the past 15 years, indicating softening demographic demand. Population declined 15.3%, outpacing the effect of shrinking household sizes (2.5 to 2.62). HFG is a secondary market indicator — local conditions and other factors also influence housing demand.