Canadian Lakes Real Estate
27 active listings · 79 sold in the past 12mo
$425,000
Median List Price
79
Sold (past 12mo)
75
Avg Days on Market
+13.2%
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.
Active Listings
Loading map…
Market Dashboard
Homes for Sale(27)
View all with filters →
For Sale
1/55
$963,000
7140 Holiday Drive, Canadian Lakes, MI 49346
7 bd5 ba3,288 sqft0.18 ac
Single Family

For Sale
1/40
$939,000
7970 Island Court, Canadian Lakes, MI 49346
4 bd3 ba2,207 sqft0.35 ac
Single Family

For Sale
1/56
$850,000
7896 Bay Meadow, Canadian Lakes, MI 49346
4 bd3 ba2,415 sqft0.17 ac
Single Family

Under Contract
1/38
$849,900
10849 1st Street, Canadian Lakes, MI 49346
4 bd3 ba2,330 sqft0.35 ac
Single Family

For Sale
1/68
$799,000
7201 Holiday Drive, Canadian Lakes, MI 49346
3 bd2 ba1,963 sqft0.17 ac
Single Family

For Sale
1/52
$795,000
9654 Aberdeen Court, Canadian Lakes, MI 49346
4 bd3 ba3,200 sqft1.76 ac
Single Family

For Sale
1/57
$729,900
8670 N Island Drive Lot 32 and 33, Canadian Lakes, MI 49346
2 bd2 ba2,047 sqft0.53 ac
Single Family

For Sale
1/34
$729,000
9220 Ranger Drive 9, Canadian Lakes, MI 49346
2 bd2 ba2,428 sqft0.84 ac
Single Family

For Sale
1/47
$579,900
11320 Alpine Road, Canadian Lakes, MI 49346
4 bd2 ba1,668 sqft0.22 ac
Single Family

For Sale
1/38
$549,000
7788 W Royal Road, Canadian Lakes, MI 49346
4 bd3 ba1,785 sqft0.33 ac
Single Family

For Sale
1/60
$494,900
6908 Club House Drive E, Canadian Lakes, MI 49346
4 bd3 ba2,802 sqft0.47 ac
Single Family

Under Contract
1/43
$479,950
8770 N Island Drive 22-23, Canadian Lakes, MI 49346
4 bd2 ba2,128 sqft0.39 ac
Single Family

For Sale
1/24
$479,000
9980 Sunset Drive, Canadian Lakes, MI 49346
3 bd2 ba2,261 sqft0.44 ac
Single Family

For Sale
1/45
$425,000
9215 Edgewater Drive, Canadian Lakes, MI 49346
3 bd2 ba1,457 sqft0.40 ac
Single Family

For Sale
1/26
$399,900
8917 Longview Drive, Canadian Lakes, MI 49346
3 bd3 ba1,624 sqft0.41 ac
Single Family

For Sale
1/36
$399,500
9158 Elmwood Court 185, Canadian Lakes, MI 49346
4 bd2 ba2,358 sqft0.40 ac
Single Family

For Sale
1/39
$365,000
9362 Clubhouse Drive W, Canadian Lakes, MI 49346
3 bd3 ba1,591 sqft0.51 ac
Single Family

For Sale
1/21
$349,900
7600 Ryans Run, Canadian Lakes, MI 49346
3 bd2 ba1,875 sqft0.82 ac
Single Family

For Sale
1/34
$297,500
6161 Fox Run Circle 622, Canadian Lakes, MI 49346
4 bd2 ba1,664 sqft0.72 ac
Single Family

For Sale
1/26
$285,000
9530 Golf Port Drive, Canadian Lakes, MI 49346
3 bd2 ba1,900 sqft0.59 ac
Single Family

For Sale
1/36
$259,900
8104 Tanglewood Trail 191, Canadian Lakes, MI 49346
4 bd3 ba1,769 sqft0.27 ac
Single Family

For Sale
1/27
$258,000
9341 Center Lane, Canadian Lakes, MI 49346
2 bd1 ba1,463 sqft0.34 ac
Single Family

For Sale
1/22
$245,000
10905 1st Street, Canadian Lakes, MI 49346
3 bd1 ba1,260 sqft0.44 ac
Single Family

For Sale
1/19
$229,000
11167 Birwood Drive, Canadian Lakes, MI 49346
3 bd1 ba1,115 sqft0.42 ac
Single Family
Recently Sold(79)
Frequently Asked Questions about Canadian Lakes
What is the current real estate inventory in Canadian Lakes?
Buyers in Canadian Lakes can choose from 27 active listings. The median asking price is $425,000.
What are home prices like in Canadian Lakes?
The median sale price in Canadian Lakes is $425,000, based on 79 closed sales over the past 12 months.
What is the average days on market in Canadian Lakes?
Homes in Canadian Lakes sell in an average of 75 days, based on 79 sales over the past 12 months.
Which school districts cover Canadian Lakes?
Canadian Lakes 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 Canadian Lakes may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Canadian Lakes real estate market?
With 4.1 months of inventory, Canadian Lakes is currently a balanced market. This is based on 27 active listings and 79 sales in the past 12 months.
What are property taxes like in Canadian Lakes?
Michigan property taxes in Canadian Lakes 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 Canadian Lakes?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Canadian Lakes is +13.2%. Shrinking household sizes (from 2 to 1.89 persons per household) have increased the number of households needing housing by 166 since 2009 — independent of the 7.0% population growth. This is a secondary demographic indicator, not a primary market measure.