Walloon Lake, MI

Real estate in Walloon Lake, Michigan is a hot commodity. With a population of just over 2,000 people, the town offers plenty of opportunity for homebuyers and sellers alike. The area is surrounded by forest and lakes, making it an ideal place to live or invest.

The median sale price for homes in Walloon Lake was $269,900 in 2017. This is higher than the statewide median sale price of $224,500 but still below the national median sale price of $339,000. The majority of homes sold in Walloon Lake are single-family dwellings (84%), with only 16% being condos or apartments.

There are many reasons why real estate in Walloon Lake is so popular. First and foremost, the town is located within close proximity to several natural attractions – including White Pine Bay State Park and Silver Lake State Park – which make it an ideal place to live or visit. Additionally, there are plenty of amenities available nearby – such as restaurants and shopping – which makes life easier for residents. Finally, Walloon Lake has a strong economy thanks to its proximity to Lansing and other major cities. This means that there is always demand for homes and property values will continue to rise over time.