Sylvan Lake, MI Real Estate

According to census data in the year 2000 there were 850 housing units in Sylvan Lake. This represents a 0.4% decline from 853 in 1990.

Of those housing units, 850 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Sylvan Lake is about 86.2%. Sylvan Lake's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.08 people.

The majority of houses, apartments or condos in Sylvan Lake were built after 1954.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6%
Two Bedrooms22%
Three Bedrooms55.80%
Four Bedrooms13.10%
Five Bedrooms or more3.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1953
Median Value of occupied units$182,100
Median Price asked for vacant units$96,200

Rented Homes, Apartments and Condos

Average Household Size1.7
Median year structure was built1958
Median Monthly Rent asked for vacant units$850

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.70%
Home Equity Loan13.10%
Simple Mortgage63.90%
Debt Free19.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17%