Canadian Lakes, MI Housing Market
The Canadian Lakes housing market is somewhat competitive. The median sale price of a home in Canadian Lakes was $350K last month, up 14.8% since last year. The median sale price per square foot in Canadian Lakes is $178, down 12.1% since last year.
Canadian Lakes Housing Market Trends
In May 2025, Canadian Lakes home prices were up 14.8% compared to last year, selling for a median price of $350K. On average, homes in Canadian Lakes sell after 37 days on the market compared to 36 days last year. There were 10 homes sold in May this year, down from 15 last year.

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How hot is the Canadian Lakes housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 51 days.
- Hot homescan sell for about 2% above list price and go pending in around 23 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 23 days.
- Hot homescan sell for about 3% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 4% below list price and go pending in around 25 days.
- Hot homescan sell for around list price and go pending in around 6 days.
Canadian Lakes Migration & Relocation Trends
- Across the nation, 0.37% of homebuyers searched to move into Canadian Lakes from outside metros.
- Chicago homebuyers searched to move into Canadian Lakes more than any other metro followed by Los Angeles and Washington.
- 58% of Canadian Lakes homebuyers searched to stay within the Canadian Lakes metropolitan area.
- South Bend was the most popular destination among Canadian Lakes homebuyers followed by Cape Coral and Traverse City.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 922 | ||
2 | 113 | ||
3 | 99 | ||
4 | 95 | ||
5 | 64 | ||
6 | 62 | ||
7 | 61 | ||
8 | 61 | ||
9 | 49 | ||
10 | 45 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 42 | ||
2 | 41 | ||
3 | 40 | ||
4 | 37 | ||
5 | 28 | ||
6 | 26 | ||
7 | 24 | ||
8 | 21 | ||
9 | 14 | ||
10 | 14 |
View houses in Canadian Lakes that sold recently
Recently sold homes
- $409,000 Last Sold Price4 beds3 baths3,185 sq ft9637 Sunset Dr, Canadian Lakes, MI 49346List Price$399,000Sale to List3% over listDays on Market34 days9637 Sunset Dr, Canadian Lakes, MI 49346
- $120,000 Last Sold Price2 beds1 bath914 sq ft10865 3rd St, Stanwood, MI 49346List Price$149,900Sale to List20% under listDays on Market15 days10865 3rd St, Stanwood, MI 49346
- $11,000 Last Sold Price—beds—baths—sq ft6805 Mayfair Dr #15, Canadian Lakes, MI 49346List Price$15,000Sale to List27% under listDays on Market52 days6805 Mayfair Dr #15, Canadian Lakes, MI 49346
- $429,900 Last Sold Price3 beds3 baths2,205 sq ft8120 Carriage Ln, Stanwood, MI 49346List Price$429,900Sale to List0% over listDays on Market35 days8120 Carriage Ln, Stanwood, MI 49346
- $22,000 Last Sold Price—beds—baths—sq ft9627 Killdeer Ct #229, Canadian Lakes, MI 49346List Price$24,900Sale to List12% under listDays on Market3345 days9627 Killdeer Ct #229, Canadian Lakes, MI 49346
- $432,000 Last Sold Price3 beds2.5 baths2,152 sq ft9228 Main St, Canadian Lakes, MI 49346List Price$424,900Sale to List2% over listDays on Market42 days9228 Main St, Canadian Lakes, MI 49346
- $269,000 Last Sold Price4 beds3 baths2,356 sq ft9325 Golf Port Dr #107, Canadian Lakes, MI 49346List Price$279,500Sale to List4% under listDays on Market120 days9325 Golf Port Dr #107, Canadian Lakes, MI 49346
- $3,700 Last Sold Price—beds—baths—sq ft6786 Cherry Ct, Stanwood, MI 49346List Price$3,700Sale to List0% over listDays on Market24 days6786 Cherry Ct, Stanwood, MI 49346
See all recently sold homes in Canadian Lakes.
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Schools in Canadian Lakes
- Elementary
- Middle
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GreatSchools Rating
No elementary schools in this region.
Climate's impact on Canadian Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Canadian Lakes.
Flood Factor - Major
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Minor
Heat Factor

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