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Fife Lake, MI
Full City Profile · Michigan · Grand Traverse County County
3.3
/5.0
B
Good
359
Population
492/sq mi density
$67,188
Median Income
$38,253 per capita
$185,200
Home Value
$230,008 Zillow
$1,000
Median Rent
33.0% income on rent
43°F
Avg Temperature
270 sunny days/yr
49
Violent Crime/100K
1,226 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$67,188 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$185,200 home value, $1,000/mo rent
F
Safety
1.0 / 5.0
49 violent crimes/100K
C+
Education
3.0 / 5.0
24.4% bachelor's degree or higher
Housing Overview
Median Home Value
$185,200
34% below
US avg: $281,900
Median Rent
$1,000/mo
14% below
US avg: $1,163/mo
Homeownership Rate
86.2%
32% above US avg (65.4%)
Total Housing Units
226
Median year built: 1980
Home Value by Source
Census Median
$185,200
Zillow (ZHVI)
$230,008
Median Sale Price
$350,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.2%
Owner-Occupied
13.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,000/mo
Market Indicators (Redfin)
Median Days on Market
133 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$237
Affordability & Housing Stock
Rent Burden
33.0%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
86.2%
Complete Housing Data
Home Values
| Census Median Value | $185,200 |
| Zillow Home Value (ZHVI) | $230,008 |
| Median Sale Price | $350,000 |
| Price Per Sq Ft | $237 |
Rent
| Census Median Rent | $1,000 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 133 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Price Per Sq Ft | $237 |
Ownership & Stock
| Owner-Occupied | 86.2% |
| Renter-Occupied | 13.8% |
| Homeownership Rate | 86.2% |
| Total Housing Units | 226 |
| Median Year Built | 1980 |
| Rent Burden | 33.0% |