Lake Market Data
Gun Lake
Homes along Gun Lake in Wayland, Shelbyville, and Middleville.
Gun Lake market stats
Median price per front foot
$10,607
Median of 28 closed sales on Gun Lake, Sep 2025 – Sep 2026.
Homes for sale
22
Median list price
$694,905
Median sold price
$723,750
Trailing 12 months
Months of supply
8.3
Median days on market
48
How this 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.
On the market now
All active listings (22).
Every home currently for sale in the Gun Lake. Narrow the list or reorder it below.
$615,000
2362 Patterson 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
$950,000
4271 Pickerel Cove Shelbyville MI 49344
$250,000
4171 Joy Shelbyville MI 49344
$529,900
1970 Parker Wayland MI 49348
$765,000
12514 Park Wayland MI 49348
$699,900
12632 Blue Lagoon Shelbyville MI 49344
$435,900
4135 West Joy Shelbyville MI 49344
$689,909
4382 Lynden Shelbyville MI 49344
$699,900
2751 Russell Wayland MI 49348
$1,700,000
2083 Archwood Wayland MI 49348
$750,000
12776 Theris Wayland MI 49348
$650,000
3461 Sandy Beach Wayland MI 49348
$685,000
12725 Park Wayland MI 49348
$169,900
4662 Circle Inn Shelbyville MI 49344
$860,000
2282 Parker Wayland MI 49348
$799,000
4211 Lynden Shelbyville MI 49344
$440,000
2865 Patterson Wayland MI 49348
$549,900
1980 Parker Wayland MI 49348