Is Eastlake, MI 49626 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Eastlake is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Eastlake housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Manistee County, MI

Population	242
Median income	$50,208
Average income	$69,014
Median home value	$117,400
Owner-occupied	91% of homes
Median year built	1963

Natural hazard riskWinter storms (very high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 49626; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 49626

Prefilled for 49626Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49626Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Arcadia 49613Seller’s market $439 /sq ft Bear Lake 49614Balanced $201 /sq ft Brethren 49619Buyer’s market $206 /sq ft Copemish 49625Buyer’s market $224 /sq ft Browse all markets →

Where Eastlake is

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Questions about Eastlake real estate

What are property taxes in Eastlake?

About 1.04% of a home’s value a year in Manistee County, or roughly $4,160 on a $400,000 home.

Local agents

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More tools for 49626

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Manistee County property taxes Manistee County loan limits Closing costs in Michigan Hottest ZIP codes in Michigan

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology