Sand Lake, MI
Full City Profile · Michigan · Iosco County County
3.6
/5.0
B+
Good
1,214
Population
32/sq mi density
$49,615
Median Income
$31,050 per capita
$139,300
Home Value
$313,855 Zillow
$633
Median Rent
37.5% income on rent
43°F
Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$49,615 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$139,300 home value, $633/mo rent
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher
Housing Overview
Median Home Value
$139,300
51% below
US avg: $281,900
Median Rent
$633/mo
46% below
US avg: $1,163/mo
Homeownership Rate
91.3%
40% above US avg (65.4%)
Total Housing Units
1,619
Median year built: 1968
Home Value by Source
Census Median
$139,300
Zillow (ZHVI)
$313,855
Redfin Median Sale
$287,000
Median Sale Price
$287,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
91.3%
Owner-Occupied
8.7%
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:
$633/mo
Market Indicators (Redfin)
Median Sale Price
$287,000
Median Days on Market
7 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
$215
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
37.5%
of renters spending 30%+ of income on housing
21% above US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
91.3%
Complete Housing Data
Home Values
| Census Median Value | $139,300 |
| Zillow Home Value (ZHVI) | $313,855 |
| Redfin Median Sale | $287,000 |
| Median Sale Price | $287,000 |
| Price Per Sq Ft | $215 |
Rent
| Census Median Rent | $633 |
| 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 | 7 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 1 |
| Price Per Sq Ft | $215 |
Ownership & Stock
| Owner-Occupied | 91.3% |
| Renter-Occupied | 8.7% |
| Homeownership Rate | 91.3% |
| Total Housing Units | 1,619 |
| Median Year Built | 1968 |
| Rent Burden | 37.5% |