Lake Market Data
Gun Lake
Homes along Gun Lake in Wayland, Shelbyville, and Middleville.
Median sold price
$693,750
Up 171% since 2016
Median of 32 closed sales on Gun Lake, Oct 2025 – Oct 2026.
Gun Lake market stats
- Homes for sale
- 18
- Median list price
- $694,905
- Homes sold
- 32
- Trailing 12 months
- Months of supply
- 6.8
- Median days on market
- 59
- Homes for sale now
The lake
About Gun Lake
At roughly 2,680 acres, Gun Lake is the largest inland lake in this area and runs to 66 feet deep. It sits mostly in Barry County with the southwestern tip reaching into Allegan, with Wayland, Shelbyville and Middleville the addresses you will see on listings here.
It is also the most publicly accessible of the lakes on this site. There is a state park on the lake with a boat launch, two beaches, a campground and picnic areas, and the Yankee Springs Recreation Area takes in the northeastern portions. Orangeville Island sits in the southeast quarter. The outlet runs to the Gun River and on through the Kalamazoo River to Lake Michigan.
For a buyer that public access cuts both ways, and it is worth seeing the lake on a July Saturday as well as on a quiet weekday before deciding what a given spot on it is worth to you.
On the market now
19 homes for sale on Gun Lake.
$359,900
4111 Joy Shelbyville MI 49344
$499,900
12601 Blue Lagoon Shelbyville MI 49344
$780,000
12796 Sunrise Wayland MI 49348
$5,399,900
4023-2 Grandview Shelbyville MI 49344
$4,999,900
4023 Grandview Shelbyville MI 49344
$529,900
1970 Parker Wayland MI 49348
What's on the market, and what sold.
Median sold price over time
Gun Lake, 2016 to 2026
$265,000 to $717,500, a change of 171% across 43 quarterly readings.
Each point is the median of closed sales in the twelve months ending that quarter.
Recent sales
Every sale behind the number
Closed waterfront sales on Gun Lake over the last three years, with the frontage each one reported and the resulting price per foot. Only sales in the trailing twelve months feed the published median; the rest are listed so the full sales history can be checked.
| Closed | Address | Close price | Frontage | $ / front ft | In index |
|---|---|---|---|---|---|
| Median of the 30 sales in the index (trailing 12 months) | $9,539/ft | ||||
| Oct 1, 2026 | 1999 Patterson Wayland | $270,000 | 75 ft | $3,600 | yes |
| Sep 25, 2026 | 12879 Park Wayland | $550,000 | 1 ft | $550,000 | outlier |
| Sep 24, 2026 | 2375 Patterson Shelbyville | $435,000 | 40 ft | $10,875 | yes |
| Sep 21, 2026 | 11259 Oakleigh Middleville | $990,000 | 62 ft | $15,968 | yes |
| Sep 18, 2026 | 12409 Bay View Wayland | $1,200,000 | 240 ft | $5,000 | yes |
| Sep 10, 2026 | 3298 Elmwood Beach Middleville | $1,970,000 | 85 ft | $23,176 | yes |
| Aug 31, 2026 | 12814 Theris Wayland | $760,000 | 91 ft | $8,352 | yes |
| Aug 11, 2026 | 11633 Marsh Shelbyville | $610,000 | 59 ft | $10,339 | yes |
| Aug 4, 2026 | 4335 Harmony Shelbyville | $730,000 | 298 ft | $2,450 | yes |
| Jul 28, 2026 | 3185 Elmwood Beach Middleville | $1,400,000 | 62 ft | $22,581 | yes |
| Jul 10, 2026 | 3179 Sandy Beach Wayland | $790,000 | 40 ft | $19,750 | yes |
| Jul 10, 2026 | 2196 Boardwalk Wayland | $502,000 | 20 ft | $25,100 | yes |
| Jun 26, 2026 | 12597 Blue Lagoon Shelbyville | $535,000 | 142 ft | $3,768 | yes |
| Jun 26, 2026 | 4327 Harmony Shelbyville | $825,000 | 62 ft | $13,306 | yes |
| Jun 12, 2026 | 2266 Parker Wayland | $1,195,000 | 76 ft | $15,724 | yes |
| Jun 5, 2026 | 12880 Hazel Wayland | $870,000 | 254 ft | $3,425 | yes |
| Jun 4, 2026 | 11767 Marsh Shelbyville | $640,000 | 50 ft | $12,800 | yes |
| May 11, 2026 | 2138 Parker Wayland | $1,100,000 | 52 ft | $21,154 | yes |
| May 8, 2026 | 4314 Harmony Shelbyville | $663,500 | 70 ft | $9,479 | yes |
| Apr 28, 2026 | 4304 Trails End Middleville | $670,000 | 28.5 ft | $23,509 | yes |
| Apr 23, 2026 | 12720 Russell Wayland | $625,000 | 80.7 ft | $7,745 | yes |
| Apr 13, 2026 | 4029 Grandview Shelbyville | $1,069,035 | 91 ft | $11,748 | yes |
| Mar 24, 2026 | 1736 Parker Wayland | $960,000 | 100 ft | $9,600 | yes |
| Feb 3, 2026 | 11633 Marsh Shelbyville | $465,000 | 59 ft | $7,881 | yes |
| Jan 2, 2026 | 11908 Erica Shelbyville | $50,000 | 200 ft | $250 | yes |
| Dec 17, 2025 | 12712 Sunrise Wayland | $717,500 | 130.4 ft | $5,502 | yes |
| Dec 10, 2025 | 1875 Edwin Wayland | $775,000 | 50 ft | $15,500 | yes |
| Dec 1, 2025 | 2065 Patterson Wayland | $459,500 | 93 ft | $4,941 | yes |
| Nov 14, 2025 | 2749 Russell Drive Wayland | $860,000 | 92 ft | $9,348 | yes |
| Nov 3, 2025 | 2208 Boardwalk Wayland | $475,000 | 1 ft | $475,000 | outlier |
| Oct 20, 2025 | 4618 Circle Inn Shelbyville | $50,000 | 200 ft | $250 | yes |
| Oct 17, 2025 | 11982 Erica Shelbyville | $69,000 | 200 ft | $345 | yes |
| Sep 30, 2025 | 12571 Westwood Wayland | $1,250,000 | 76 ft | $16,447 | older |
| Sep 25, 2025 | 12908 Sunrise Wayland | $860,000 | 130.5 ft | $6,590 | older |
| Sep 16, 2025 | 3265 Elmwood Beach Middleville | $750,000 | 103.1 ft | $7,274 | older |
| Sep 12, 2025 | 12657 Blue Lagoon Shelbyville | $343,000 | 71 ft | $4,831 | older |
| Sep 11, 2025 | 11811 Marsh Shelbyville | $215,000 | 111 ft | $1,937 | older |
| Sep 9, 2025 | 3173 Sandy Beach Wayland | $475,000 | 50 ft | $9,500 | older |
| Sep 7, 2025 | 4740 Circle Inn Shelbyville | $101,900 | 200 ft | $510 | older |
| Aug 15, 2025 | 12683 Blue Lagoon Shelbyville | $379,000 | 65 ft | $5,831 | older |
| Aug 12, 2025 | 10780 Shady Lane Middleville | $915,000 | 42.5 ft | $21,529 | older |
| Jul 30, 2025 | 2103 Island Wayland | $315,000 | 133 ft | $2,368 | older |
| Jul 26, 2025 | 10941 Gun Lake Middleville | $1,000,000 | 50 ft | $20,000 | older |
| Jul 18, 2025 | 12931 Johnson Wayland | $372,000 | 74 ft | $5,027 | older |
| Jul 7, 2025 | 12828 Bayou Wayland | $1,170,000 | 1738 ft | $673 | older |
| Jul 1, 2025 | 2008 Parker Wayland | $450,000 | 50 ft | $9,000 | older |
| Jun 27, 2025 | 12891 Park Wayland | $485,000 | 1 ft | $485,000 | older |
| Jun 20, 2025 | 12591 Westwood Wayland | $1,675,000 | 76 ft | $22,039 | older |
| Jun 20, 2025 | 2889 Patterson Wayland | $385,900 | 52 ft | $7,421 | older |
| Jun 16, 2025 | 3373 Sandy Beach Wayland | $370,000 | 33 ft | $11,212 | older |
| Jun 4, 2025 | 4301 Joy Shelbyville | $650,000 | 147 ft | $4,422 | older |
| May 22, 2025 | 1800 Vista Point Wayland | $440,000 | 41 ft | $10,732 | older |
| May 19, 2025 | 2373 Patterson Shelbyville | $685,000 | 114 ft | $6,009 | older |
| May 16, 2025 | 10769 Gun Lake Middleville | $860,000 | 150 ft | $5,733 | older |
| May 9, 2025 | 4642 Circle Inn Shelbyville | $50,000 | — | — | older |
| May 8, 2025 | 10804 Hermitage Pointe Middleville | $875,000 | 111 ft | $7,883 | older |
| May 1, 2025 | 4314 Harmony Shelbyville | $537,000 | 70 ft | $7,671 | older |
| May 1, 2025 | 4139 Joy Shelbyville | $528,000 | 38 ft | $13,895 | older |
| Apr 30, 2025 | 12920 Marsh Shelbyville | $410,000 | 59 ft | $6,949 | older |
| Apr 28, 2025 | 3285 Elmwood Beach Middleville | $600,000 | 50 ft | $12,000 | older |
| Apr 28, 2025 | 4149 Joy Shelbyville | $665,000 | 250 ft | $2,660 | older |
| Apr 18, 2025 | 4716 Circle Inn Shelbyville | $84,000 | — | — | older |
| Apr 18, 2025 | 2689 Oakleigh Middleville | $805,000 | 66 ft | $12,197 | older |
| Apr 15, 2025 | 4396 Trails End Middleville | $750,000 | 50 ft | $15,000 | older |
| Apr 11, 2025 | 4356 Lynden Shelbyville | $370,000 | 50 ft | $7,400 | older |
| Apr 10, 2025 | 2041 Archwood Wayland | $530,000 | 50 ft | $10,600 | older |
| Mar 31, 2025 | 3407 Sandy Beach Wayland | $789,000 | 33 ft | $23,909 | older |
| Jan 23, 2025 | 3877 England Shelbyville | $593,000 | 75 ft | $7,907 | older |
| Jan 22, 2025 | 2061 Patterson Wayland | $555,000 | 80 ft | $6,938 | older |
| Jan 10, 2025 | 4139 Joy Shelbyville | $535,000 | 38 ft | $14,079 | older |
| Dec 6, 2024 | 12823 Valley Wayland | $360,000 | 130 ft | $2,769 | older |
| Dec 2, 2024 | 3203 Sandy Beach Wayland | $1,120,000 | 40 ft | $28,000 | older |
| Nov 22, 2024 | 4612 Circle Inn Shelbyville | $105,000 | 200 ft | $525 | older |
| Nov 7, 2024 | 3723 England Shelbyville | $313,000 | 60 ft | $5,217 | older |
| Nov 7, 2024 | 12676 Park Wayland | $730,000 | 65 ft | $11,231 | older |
| Nov 1, 2024 | 4440 Trails End Middleville | $799,000 | 50 ft | $15,980 | older |
| Oct 18, 2024 | 2740 Sandon Wayland | $137,500 | 200 ft | $688 | older |
| Oct 17, 2024 | 4250 Trails End Middleville | $660,000 | 55 ft | $12,000 | older |
| Oct 16, 2024 | 3702 England Shelbyville | $375,000 | 50 ft | $7,500 | older |
| Sep 25, 2024 | 4196 Joy Shelbyville | $525,000 | 67.45 ft | $7,784 | older |
| Sep 3, 2024 | 4312 Joy Shelbyville | $390,000 | 50 ft | $7,800 | older |
| Aug 28, 2024 | 12799 Valley Wayland | $365,000 | 65 ft | $5,615 | older |
| Aug 23, 2024 | 2230 Parker Wayland | $900,000 | 40 ft | $22,500 | older |
| Aug 22, 2024 | 11853 Marsh Shelbyville | $469,000 | 53 ft | $8,849 | older |
| Aug 16, 2024 | 12922 Birch Wayland | $82,500 | 1 ft | $82,500 | older |
| Aug 2, 2024 | 3172 Sandy Beach Wayland | $640,000 | 25 ft | $25,600 | older |
| Aug 1, 2024 | 2061 Archwood Wayland | $652,000 | 40 ft | $16,300 | older |
| Jul 12, 2024 | 3392 Elmwood Beach Middleville | $950,000 | 225 ft | $4,222 | older |
| Jul 2, 2024 | 3510 Elmwood Beach Middleville | $1,950,000 | 75 ft | $26,000 | older |
| May 24, 2024 | 4236 Joy Shelbyville | $645,171 | 60 ft | $10,753 | older |
| Apr 10, 2024 | 2190 Boardwalk Wayland | $470,000 | 1 ft | $470,000 | older |
| Apr 9, 2024 | 12334 Marsh Shelbyville | $330,000 | 110 ft | $3,000 | older |
| Apr 4, 2024 | 2906 Beatrice Middleville | $900,000 | 50 ft | $18,000 | older |
| Mar 22, 2024 | 4336 Lynden Shelbyville | $265,000 | 50 ft | $5,300 | older |
| Mar 8, 2024 | 3325 Elmwood Beach Middleville | $1,835,680 | 150 ft | $12,238 | older |
| Mar 7, 2024 | 4150 Joy Shelbyville | $838,000 | 68 ft | $12,324 | older |
| Jan 19, 2024 | 12814 Theris Wayland | $640,000 | 105 ft | $6,095 | older |
| Jan 12, 2024 | 11798 English Shelbyville | $675,000 | 84 ft | $8,036 | older |
| Oct 16, 2023 | 4141 England Shelbyville | $695,000 | 50 ft | $13,900 | older |
Sales marked older closed before the current twelve-month index window. Sales marked outlier fall inside it but sit outside the statistical fence — a short frontage under an expensive house produces a very high figure per foot, and that number describes the house rather than the shoreline. Both are listed rather than hidden so the median can be checked against the full record.
Sale data from the MLS, deemed reliable but not guaranteed.
Sold alerts
Know what sells on Gun Lake.
Every time a home closes on Gun Lake, I'll email you the address, what it asked, what it actually sold for, and how long it sat. That is the whole email.
No newsletter, no drip sequence, no “just checking in.” If you ever want out, every email has a one-click unsubscribe.
How this figure is calculated
The price-per-front-foot figure is the median closed sale price divided by feet of water frontage, for homes that sold on Gun Lake in the trailing twelve months.
Listings with reported frontage outside 20 to 1,500 feet are excluded as data-entry error, and statistical outliers are trimmed before the median is calculated. We publish this figure only where there are at least eight qualifying sales in the window — below that, the sample is too small to be reliable.
Data comes from the MLS and is deemed reliable but not guaranteed.
Owning on the water
The things nobody explains before you buy.
Written for Gun Lake and every other lake around here — what the law actually says, and which office to call for the part that varies lake by lake.
- Riparian rights and docksWhat owning to the water actually lets you do, and who else may have a recorded right to your shoreline.
- All-sports and no-wake rules“All-sports” is not a legal category. Where the rules really come from, and how to check one lake.
- Legal lake levels and assessmentsWhy a dam, a court order and a line on your winter tax bill are the same story.
- Associations and deeded accessThree different things get called “the lake association”, and only some of them can bill you.
- Waterfront septic and wellsMichigan has no statewide septic code. On a converted cottage this is the inspection that matters.
- Lake Michigan shorelineGreat Lakes frontage follows different rules — including who can legally walk your beach.
Information deemed reliable but not guaranteed. © 2026 MichRIC LLC. All rights reserved. Data last updated October 8, 2026. Real estate listings held by brokerage firms other than PREMIERE Group · Real Broker, LLC are marked with the MichRIC logo.