Is Lakeside, MI 49116 a buyer’s or seller’s market?
Lakeside is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Lakeside housing market right now
In the three months ending August 31, 2026, 0% of homes in Lakeside, MI 49116 sold above their list price, the typical home went under contract in 41 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (109 days then) and the median sale price fell 51% to $1,436,378. Overall, Lakeside is more competitive than a year ago, so tougher for buyers.
Within Berrien County, homes here sell faster than in 63% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Harbert 49115 (33% sold over asking) and Three Oaks 49128 (33% sold over asking) are even more competitive.
Run the numbers for 49116
Nearby markets
Baroda 49101Seller’s market $164 /sq ftBenton Harbor 49022Balanced $149 /sq ftBerrien Center 49102Buyer’s market $148 /sq ftBerrien Springs 49103Balanced $185 /sq ft Browse all markets →Where Lakeside is
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Questions about Lakeside real estate
Is Lakeside a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Lakeside, MI 49116 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lakeside?
The typical home went under contract in 41 days in the latest three months.
Do homes in Lakeside sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.
What are property taxes in Lakeside?
About 1.08% of a home’s value a year in Berrien County, or roughly $4,320 on a $400,000 home.
What is the median home price in Lakeside?
The median sale price was $1,436,378 in the three months ending August 31, 2026, about $568 per square foot.
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More tools for 49116
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology