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Dowagiac, MI Homes for Sale under $200,000

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  • /13

    $200,000

    $20K PRICE DROP
    • Land
    • 8.6 Acres
    • $23,267 per Acre

    55901 Colby St, Dowagiac, MI 49047

    Nestled on nearly 9 pristine acres, this slice of paradise delivers the best of Michigan's outdoor living. Enjoy 200 ft of peaceful frontage on Mill Pond—ideal for fishing, kayaking, leisurely pontoon rides, or simply soaking in the tranquil water views. A canopy of mature trees and pines throughout frames the property, while thoughtfully cleared trails through the woods, guiding you to an

    Agent Photo

    Brian Waite

    RE/MAX by the Lake

    (269) 390-8527

    55901 Colby St, Dowagiac, MI 49047
  • /12

    $119,900

    $70K PRICE DROP
    • Land
    • 13,800 Sq Ft
    • $378,467 per Acre

    111 Indian Lake Rd, Dowagiac, MI 49047

    Building site on this 500 acre lake that offers the best in inland lake living. 27 hole golf course, yacht club, nearby pubs and lower boat traffic. 60' +/- on lake by approx. 230' deep. Must cross Indian Lake Road to get to shore area. From Indian Lake Road East is a hill which at the top can be accessed by another private drive/easement. At the hill top one could either build a walk-out home

    Tom Jerdon Jerdon Real Estate, Inc.

    111 Indian Lake Rd, Dowagiac, MI 49047
  • /4

    $109,000

    • Land
    • 4.85 Acres
    • $22,474 per Acre

    VL Amerihost Dr, Dowagiac, MI 49047

    Prime commercial opportunity in the City of Dowagiac! This 1.82-acre vacant parcel offers a highly desirable location just off M-51 on Amerihost Drive, surrounded by established businesses including a hotel, retail, and service-based operations. The property is cleared, level, and buildable, making it ideal for a variety of commercial uses. Utilities including electric, natural gas, and public

    Christina Castaneda @properties Christie's International R.E.

    VL Amerihost Dr, Dowagiac, MI 49047
  • /32

    $199,000

    • 2 Beds
    • 1 Bath
    • 892 Sq Ft

    50479 Delling Dr, Dowagiac, MI 49047

    This is the magical vintage cottage we all remember going to for the summer as a child, or wished we had after watching that Lifetime movie. This cottage really is placed in the most beautiful place of Magician Lake. With 50 feet of lake frontage and 160 feet of the channel, you can imagine the views! This 1900's nostalgic cottage is turnkey. New well, roof, water heater and siding in 2023. As

    Gina Johnston-Small WRE Sales LLC

    50479 Delling Dr, Dowagiac, MI 49047
  • /44

    $159,000

    $26K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,334 Sq Ft

    60123 Dailey Rd, Dowagiac, MI 49047

    If you've been looking for a little extra space and a quieter setting, this 3-bedroom, 2-bath home on just under an acre may be exactly what you've been waiting for. Located in the Cassopolis Public Schools district, this property offers beautiful farm field views, a peaceful atmosphere, and room to enjoy both inside and out. The spacious kitchen includes appliances, built-in dining benches, and

    Jade Fortier Red Shoe Realty

    60123 Dailey Rd, Dowagiac, MI 49047
  • /30

    $125,000

    • 3 Beds
    • 1 Bath
    • 1,380 Sq Ft

    401 Keene Ave, Dowagiac, MI 49047

    This traditional 2-story home features 3 bedrooms, 1 bathroom, and approximately 1,400 square feet of living space. Situated on a spacious combined .3-acre lot, the property includes an adjacent parcel (Second Lot Tax ID: 14-160-300-745-00), offering added outdoor space and endless possibilities. Additional highlights include a 2 car garage and an enclosed back porch, perfect for extra storage,

    Cloe Mittan Red Shoe Realty

    401 Keene Ave, Dowagiac, MI 49047
  • /21

    $199,900

    $25K PRICE DROP

    423 E Division St, Dowagiac, MI 49047

    Spacious 3-Unit Investment Property with garage & Large Yard. The property features three distinct units: Unit #1: A charming 1-bedroom apartment on the main floor, offering a large living room w/ approx. 1235 sq ft. Unit #B Also located on the main floor, this spacious 2 bedroom unit incl. a generous living room, separate dining room, & large kitchen w/ approx. 1409 sq. ft. Unit #3: Located on

    Martha Hassle @properties Christie's Intl RE

    423 E Division St, Dowagiac, MI 49047
  • /17

    $190,000

    $20K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 2,136 Sq Ft

    108 Hill St, Dowagiac, MI 49047

    Don't Miss out on this Great Home. Larger corner lot with a large detached 3-car garage, plus an outbuilding in the yard, partially fenced. Walk through the back door into a large family room with lots of natural light, a full bath off the family room, and a 1/2 bath in the laundry room. Enter into the eat-in kitchen, the living room, and a bonus 1st-floor bedroom. Upstairs, there are 2 large

    Lynda Hansen Wells RE/MAX Modern Realty, Inc.

    108 Hill St, Dowagiac, MI 49047
  • /18

    $116,900

    $1K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 887 Sq Ft

    307 E Telegraph St, Dowagiac, MI 49047

    Charming and modern, this 2-bedroom, 1-bathroom bungalow in downtown Dowagiac is the perfect blend of comfort and convenience. Step inside to find a spacious living room filled with natural light, offering plenty of space to relax or entertain. The home features a full basement, providing excellent storage or potential for additional living space. Outside, enjoy the partially fenced backyard,

    Courtney Ertman True Michigan Properties

    307 E Telegraph St, Dowagiac, MI 49047
  • /16

    $140,000

    • 1,453 Sq Ft

    52290 Townhall Rd, Dowagiac, MI 49047

    Opportunity awaits on this 0.89-acre country parcel in Silver Creek Township! This property features a 32x50 pole barn with concrete flooring, multiple overhead doors, electric, and well already in place. Recent updates include a new roof and updated electrical, along with windows and doors already installed, giving you a strong head start on your vision. The interior is currently unfinished and

    Christina Castaneda @properties Christie's International R.E.

    52290 Townhall Rd, Dowagiac, MI 49047
  • /15

    $129,900

    $60K PRICE DROP
    • Land
    • 13,800 Sq Ft
    • $410,032 per Acre

    54973 Indian Lake Rd, Dowagiac, MI 49047

    Building site on this 500 acre lake that offers the best in inland lake living. 27 hole golf course, yacht club, nearby pubs and lower boat traffic. 60' +/- on lake by approx. 230' deep. Must cross Indian Lake Road to get to shore area. From Indian Lake Road East is a hill which at the top can be accessed by another private drive/easement. At the hill top one could either build a walk-out lower

    Tom Jerdon Jerdon Real Estate, Inc.

    54973 Indian Lake Rd, Dowagiac, MI 49047
  • /3

    $177,500

    • Land
    • 32,234 Sq Ft
    • $239,865 per Acre

    67211 95th Ave, Dowagiac, MI 49047

    Large lot in the heart of sister lakes. Property previously had a home. Well is still existing on property. Come build your dream home with beautiful views of the lake.

    Leslie Thompson T's Realty

    67211 95th Ave, Dowagiac, MI 49047

Home Trends in Dowagiac, MI

Housing Trends

Median Sale Price
$199,950
Median Single Family Sale Price
$225,000
Average Price Per Sq Ft
$175
Number of Homes for Sale
35
Last 12 months Home Sales
148
Months of Supply
2.80
Median List Price
$239,250
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-3%
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