5 days on Rocket
$4,096 Closing Credit¹
#1932140, Jennifer Burr, Listing Office: Coldwell Banker Boyne City
Fife Lake Housing Market Report March 2025•Grand Traverse County, Michigan
Housing Prices in Fife Lake, MI
How much do homes in Fife Lake, MI cost?
Housing Market Conditions
Is Fife Lake, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fife Lake is a Seller's Market
Difference Since March 2024
Since last year, Fife Lake has remained a Seller's Market.
Insight
Fife Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$244,000$174/SqFt
+$1,225
0.5%
Based on all homes sold in the last 12 months
Insight
Homes in Fife Lake have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in Fife Lake was $244,000 in March 2025, up 0.5% from last year, and the median price per square foot was $174.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Fife Lake | $242.7K | $244K | 0.5% |
| Fife Lake Township | $242.7K | $240K | -1.1% |
| Fife Lake | $246.1K | $240K | -2.5% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $87.5K | $157K | +79.4% |
| 22 Bedrooms | $192.5K | $183K | -4.9% |
| 33 Bedrooms | $250K | $248K | -0.8% |
| 44 Bedrooms | $300K | $338.3K | +12.8% |
| 55+ Bedrooms | $361K | - | N/A |
Summary: Fife Lake housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +79.4%. The home price for 2 bedroom homes decreased by -4.9%. The home price for 3 bedroom homes decreased by -0.8%. The home price for 4 bedroom homes increased by +12.8%. The home price for 5 bedroom homes did not change.
How does Fife Lake, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Fife Lake, MI
Housing supply in Fife Lake, MI
How many homes are available in Fife Lake, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthMar 2025 | ||
| 122 months agoFeb 2025 | +8.3 % Change MoMFeb – Mar |
Summary: The Fife Lake real estate market had 13 homes for sale in Mar 2025, a 8.3 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthMar 2025 | ||
| 12 months agoFeb 2025 | +500.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 6 | +20.0% |
| 33 Bedrooms | 4 | 4 | 0.0% |
| 44 Bedrooms | 2 | 2 | 0.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Fife Lake housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Fife Lake, MI cost?
Over Asking Price4 Homes
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Fife Lake, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Fife Lake in March 2025, up by 500.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.
Days on Market for Fife Lake, MI
How long does it take to sell a home in Fife Lake, MI?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days2 Homes
Over 90 Days3 Homes
Insight
Most homes in Fife Lake are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2025, 6 homes were sold in Fife Lake; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 112 DaysThis YearMar 2025 | ||
| 157 Days1 year agoMar 2024 | -28.7 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Fife Lake had an average listing age of 112 days in Mar 2025, down by 28.7% compared to the previous year.
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Newest Listings in Fife Lake, MI
What homes are available in Fife Lake, MI?
5 days on Rocket
$4,096 Closing Credit¹
#476050, Jennifer Burr, Listing Office: Coldwell Banker Schmidt - Boyne City
$9,084 Closing Credit¹
#1932032, Christina Ingersoll, Listing Office: REMAX Bayshore - Union St TC
$4,501 Closing Credit¹
#78080055366, Lisa Russell, Listing Office: REO-Cadillac-233028
$2,969 Closing Credit¹
#1931986, Tyler Baer, Listing Office: The Mitten Real Estate Group
$2,968 Closing Credit¹
#1931961, Stacy Allman, Listing Office: Keller Williams Northern Michi
$7,659 Closing Credit¹
#1931845, Christina Ingersoll, Listing Office: REMAX Bayshore - Union St TC
#1931464, Erika Nita, Listing Office: @properties Christie's Int'l
#20250017055, Anthony Moreno, Listing Office: Berkley Realty Group LLC
#1931199, Donald Fedrigon, Listing Office: REMAX Of Elk Rapids
$2,458 Closing Credit¹
#1931130, Beth Olosky, Listing Office: eXp Realty, LLC
$2,493 Closing Credit¹
#1930496, Carol Karas, Listing Office: EXIT Northern Shores Realty-KA
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MLS Disclaimers and Copyright
Based on information from Northern Great Lakes Realtors MLS, RealComp II Ltd., and Northern Michigan MLS for the period 04/01/2023 - 04/01/2025
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2025 NM-MLS. All rights reservedData displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.