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Foreclosure Homes in Bear Lake, MI

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Caberfae-hwy-lot-4-Manistee-MI-49660
Bankruptcy

Caberfae Hwy Lot 4
Manistee, MI 49660

Frost-rd-Manistee-MI-49660
Bankruptcy
$167,519 EMV

Frost Rd
Manistee, MI 49660

31 High-st-Manistee-MI-49660
Fixer Upper
$70,000 List Price

High St
Manistee, MI 49660

4 Bed | 2 Bath

Jouppi-rd-Kaleva-MI-49645
Bankruptcy

Jouppi Rd
Kaleva, MI 49645

6th-ave-Manistee-MI-49660
Bankruptcy
$210,615 EMV

6th Ave
Manistee, MI 49660

Windward-forest-trl-Manistee-MI-49660
Foreclosure
$54,825 EMV

Windward Forest Trl
Manistee, MI 49660

2 Rd-Wellston-MI-49689
City Owned

Rd
Wellston, MI 49689

19 Ramsdell-st-Manistee-MI-49660
Fixer Upper
$60,000 List Price

Ramsdell St
Manistee, MI 49660

3 Bed | 2 Bath

6 Arthur-st-Manistee-MI-49660
Fixer Upper
$179,900 List Price

Arthur St
Manistee, MI 49660

16 River-st-Manistee-MI-49660
Fixer Upper
$350,000 List Price

River St
Manistee, MI 49660

Displaying 1 - 10 of 12

Foreclosure Homes in Bear Lake, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Bear Lake, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Bear Lake, MI and much more. Save thousands at closing with home foreclosure listings in Bear Lake, MI — up to 75% off market value!


Top Reasons To Live In Bear Lake, MI In 2021

Bear Lake is located in Kalkaska, Michigan, with an estimated municipal population of 368 residents. All of the best foreclosed homes for sale in Bear Lake are located in the following zip code areas on Foreclosure.com: 49646. The estimated population per square kilometer (.62 miles) in Bear Lake is 24.


Cost Of Living In Bear Lake, MI

So, about how much do homes cost in Bear Lake? The most recent median value of resident-owned homes in Bear Lake is 127,468. An estimated 94.4 percent of households in Bear Lake own their homes, with an average family size of 2.33. The median household income in Bear Lake is 48,125, with6.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bear Lake, the median commute time of resident workers (in minutes) is 25.4.


Diversity And Demographics In Bear Lake, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Bear Lake, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Bear Lake is 61.1, split between 53.3 percent male versus 46.7 female. The percentage of residents who report being married in Bear Lake is 52.5, with an average family size of 2.33.

The percentage of residents who report their race in Bear Lake is as follows:

White 98.4%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.5%
Other 0%

Looking for family-friendly neighborhoods in and/or near Bear Lake? Or maybe you are searching for 55+ active adult communities in and/or near Bear Lake?

The percentage of residents who report their age in Bear Lake is as follows:

Under 10 4.1%
Aged 10-19 5.2%
20s 10.6%
30s 9.2%
40s 3.5%
50s 15.5%
60s 28%
70s 14.7%
80+ 9.2%

Best Schools In Bear Lake, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Bear Lake with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bear Lake.


Pros And Cons Of Living In Bear Lake, Michigan

How do you know that living in -- or moving to -- Bear Lake is right where you need to be? Perhaps you grew up in Bear Lake or already live nearby; therefore, the decision to buy a home in Bear Lake is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bear Lake for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Bear Lake:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Bear Lake.


Reasons To Move To Bear Lake, Michigan, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Bear Lake can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bear Lake, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Bear Lake, MI

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