Market Overview
Home Prices in Lake Linden, MI
The median home value in Lake Linden, MI is $202,384 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8% compared to a year ago and up 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lake Linden are priced51% below average. Lake Linden is part of the Houghton, MI metro area.
Over the past five years, Lake Linden home values have risen by approximately34.6%, reflecting strong long-term appreciation in this market.
Price History
Lake Linden Home Price Trend
City Comparison
Lake Linden vs. National Median
At $202,384, homes in Lake Linden cost 51% below the national median of $410,000. This makes Lake Linden a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lake Linden?
20% Down Payment
$40,477
on $202,384
Monthly P&I
$1,056/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,341/mo
incl. taxes & insurance
Income Needed
$53,640
gross annual (30% rule)
10% Down Option
$20,238
+ PMI applies
Loan Amount (20% dn)
$161,907
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lake Linden, MI?
The median home value in Lake Linden is $202,384 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8% year-over-year.
How much have home prices changed in Lake Linden?
Over the past year, home values in Lake Linden have increased by 8%. Over five years, prices have risen approximately 34.6%.
How much do I need to earn to buy a home in Lake Linden?
To comfortably afford the median home price of $202,384 with a 20% down payment ($40,477) at today's rates (6.8%), you'd need a gross annual income of approximately $53,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Lake Linden compare to the national average home price?
The national median home value is approximately $410,000. At $202,384, homes in Lake Linden are 51% below the national average.
What metro area is Lake Linden part of?
Lake Linden is part of the Houghton, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.