All Home Types
Canadian Lakes, MI Housing Market
What is the housing market like in Canadian Lakes today?
In January 2025, Canadian Lakes home prices were up 103.4% compared to last year, selling for a median price of $631K. On average, homes in Canadian Lakes sell after 171 days on the market compared to 79 days last year. There were 4 homes sold in January this year, down from 7 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$630,500
+103.4% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Canadian Lakes, MI
$630,500
+103.4%
United States
Canadian Lakes Migration & Relocation Trends
In Dec '24 - Feb '25, 41% of Canadian Lakes homebuyers searched to move out of Canadian Lakes, while 59% looked to stay within the metropolitan area.
- 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 Detroit and Los Angeles.
Where are people moving to Canadian Lakes from?
- 59% of Canadian Lakes homebuyers searched to stay within the Canadian Lakes metropolitan area.
- Traverse City was the most popular destination among Canadian Lakes homebuyers followed by Cape Coral and Sarasota.
Where are people from Canadian Lakes moving to?
Number of People Moving to Canadian Lakes
least
most
People are moving to Canadian Lakes from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 838 | ||
| 2 | 159 | ||
| 3 | 101 | ||
| 4 | 90 | ||
| 5 | 84 | ||
| 6 | 77 | ||
| 7 | 55 | ||
| 8 | 55 | ||
| 9 | 46 | ||
| 10 | 42 | ||
People are leaving Canadian Lakes for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 38 | ||
| 2 | 31 | ||
| 3 | 27 | ||
| 4 | 26 | ||
| 5 | 23 | ||
| 6 | 15 | ||
| 7 | 14 | ||
| 8 | 14 | ||
| 9 | 12 | ||
| 10 | 9 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Canadian Lakes.
Provided by First Street Foundation
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