Canadian Lakes, MI Housing Market
The Canadian Lakes housing market is somewhat competitive. The median sale price of a home in Canadian Lakes was $388K last month, down 14.4% 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 June 2025, Canadian Lakes home prices were down 14.4% compared to last year, selling for a median price of $388K. On average, homes in Canadian Lakes sell after 53 days on the market compared to 21 days last year. There were 22 homes sold in June this year, up from 8 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 52 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 14 days.
- Hot homescan sell for about 3% above list price and go pending in around 5 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 9 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 about 2% above 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
- $13,000 Last Sold Price—beds—baths—sq ft6336 Cedar Trce, Stanwood, MI 49346List Price$15,000Sale to List13% under listDays on Market35 days6336 Cedar Trce, Stanwood, MI 49346
- $8,000 Last Sold Price—beds—baths—sq ft6186 Cedar Trace #44, Canadian Lakes, MI 49346List Price$8,000Sale to List0% over listDays on Market15 days6186 Cedar Trace #44, Canadian Lakes, MI 49346
- $7,000 Last Sold Price—beds—baths—sq ft12090 Lila Ct, Stanwood, MI 49346-8746(989) 386-7776List Price$14,000Sale to List50% under listDays on Market56 days12090 Lila Ct, Stanwood, MI 49346-8746
- $255,000 Last Sold Price3 beds2 baths1,574 sq ft6565 Clubhouse Dr E, Canadian Lakes, MI 49346List Price$249,900Sale to List2% over listDays on Market89 days6565 Clubhouse Dr E, Canadian Lakes, MI 49346
- $3,700 Last Sold Price—beds—baths—sq ft8995 Crestwood Ct #518, Stanwood, MI 49346List Price$3,700Sale to List0% over listDays on Market32 days8995 Crestwood Ct #518, Stanwood, MI 49346
- $287,850 Last Sold Price4 beds3 baths2,380 sq ft7364 Regency Ln, Canadian Lakes, MI 49346List Price$329,900Sale to List13% under listDays on Market92 days7364 Regency Ln, Canadian Lakes, MI 49346
- $322,000 Last Sold Price3 beds3 baths2,192 sq ft12053 Broken Arrow Ln, Canadian Lakes, MI 49346List Price$315,000Sale to List2% over listDays on Market116 days12053 Broken Arrow Ln, Canadian Lakes, MI 49346
- $4,000 Last Sold Price—beds—baths—sq ft6823 Beechnut Rdg, Stanwood, MI 49346List Price$4,000Sale to List0% over listDays on Market29 days6823 Beechnut Rdg, 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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