Why Live in Sylvan Lake
Sylvan Lake, Michigan, is a small community situated between Detroit and Flint, with a population of less than 1,700 residents. The city is centered around its picturesque namesake lake, which offers ample recreational opportunities such as fishing, swimming, and boating. Residents can dock their boats at the members-only Oakland County Boat Club marina, their private docks, or one of the city's 166 docking spaces. The community features residents-only parks like Lakeview Park, which includes a boat launch and picnic area, and Ferndale Park, which offers a sandy beach and playground. The city imposes a two-dog limit per household, and dogs are allowed to swim in designated areas. Sylvan Lake is known for its year-round community spirit, with the Sylvan Lake Community Center hosting daily social events and the 16-mile Clinton River Trail providing a scenic route for walking and connecting to other suburbs in Oakland County. Dining options include Ellen’s Bakery & Café for breakfast and Sylvan Table for fine dining. Highway 24 offers easy access to nearby amenities like Costco and Menards. The city boasts a variety of home styles, including remodeled neocolonials, Tudor revivals, midcentury split-levels, contemporary builds, and ranch-style homes. Students on the west side of Sylvan Lake attend highly rated schools such as Roosevelt Elementary, West Bloomfield Middle, and West Bloomfield High. The community enjoys 24/7 police protection and benefits from a Community Development Block Grant that provides free seasonal yard services for qualifying seniors.
Home Trends in Sylvan Lake, MI
On average, homes in Sylvan Lake, MI sell after 28 days on the market compared to the national average of 51 days. The median sale price for homes in Sylvan Lake, MI over the last 12 months is $352,450, up 27% from the median home sale price over the previous 12 months.
Median Sale Price
$352,450
Median Single Family Sale Price
$367,450
Average Price Per Sq Ft
$284
Number of Homes for Sale
4
Last 12 months Home Sales
22
Median List Price
$397,500
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
27%