Long Lake, MI 48743 housing market
Data through Sep 2026 · Balanced market · leverage 72
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Buyer Leverage Score
72
Sep 2026
Months of Supply
3.0 months
Jun 2026
Days on Market
92 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
85.7%
Jun 2026
Expected Disaster Loss
$54
Dec 2025
What this means
- Supply. There are 50% more homes for sale than the 2017-19 norm and falling (−33% vs. a year ago), so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is high (72/100; U.S.: 54): homes sell for about 14.3% below their final list price (as of Jun 2026); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $54 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Iosco County, MI
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Oscoda, MI 48750 | $154.7K | +1.4% | 50 |
| Tawas City, MI 48763 | $208.7K | +7.9% | 45 |
| East Tawas, MI 48730 | $198.3K | +6.6% | 53 |
| Hale, MI 48739 | $185K | +8.6% | 65 |
| Whittemore, MI 48770 | $138.3K | +2.3% | 24 |
| National City, MI 48748 | $154K | +2.0% | 24 |