Lake Market Data
Lake Allegan
Homes along Lake Allegan in Allegan.
Median sold price
$575,000
Up 226% since 2016
Median of 14 closed sales on Lake Allegan, Oct 2025 – Oct 2026.
Lake Allegan market stats
- Homes for sale
- 7
- Median list price
- $599,900
- Homes sold
- 14
- Trailing 12 months
- Months of supply
- 6
- Median days on market
- 110
- Homes for sale now
The lake
About Lake Allegan
Lake Allegan is not a natural lake. It is close to 1,600 acres of the Kalamazoo River held back by the Calkins Bridge Dam, which Consumers Energy operates, and it sits in Valley Township just outside the city of Allegan. That matters more to a buyer than it sounds: because the dam controls the level, the water here is constant and predictable in a way a natural lake is not.
It is also shallow — averaging around 15 feet — and big, and it backs up against a 50,000-acre forest, which gives it a different character from the developed inland lakes elsewhere on this site. There is DNR access and a boat launch at Echo Point on Monroe Road, an overlook a couple of miles off M-89, and salmon run below the dam.
There are also the remains of a World War II German prisoner-of-war camp on the west shoreline, which is the kind of thing nobody mentions in a listing and everybody asks about once.
On the market now
7 homes for sale on Lake Allegan.
$299,900
4001 Manor Allegan MI 49010
$599,900
3656 118th Allegan MI 49010
$259,900
3511 Lake Allegan Allegan MI 49010
$599,900
3509 Lake Allegan Allegan MI 49010
$1,295,000
3652 118th Allegan MI 49010
$999,900
3450 Snow Farm Allegan MI 49010
What's on the market, and what sold.
Median sold price over time
Lake Allegan, 2016 to 2026
$176,500 to $575,000, a change of 226% 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 Lake Allegan 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 11 sales in the index (trailing 12 months) | $2,955/ft | ||||
| Sep 15, 2026 | 1841 Teepee Allegan | $165,000 | — | — | outlier |
| Jul 20, 2026 | 3513 Monroe Allegan | $325,000 | 110 ft | $2,955 | yes |
| Jul 7, 2026 | 3821 118th Allegan | $715,000 | 479 ft | $1,493 | yes |
| Jun 29, 2026 | 3517 Lake Allegan Allegan | $285,000 | 100 ft | $2,850 | yes |
| Jun 5, 2026 | 1907 42nd Allegan | $850,000 | 180 ft | $4,722 | yes |
| May 14, 2026 | 4066 Lake Allegan | $575,000 | 38 ft | $15,132 | outlier |
| May 1, 2026 | 3589 Shoreline Allegan | $1,175,000 | 500 ft | $2,350 | yes |
| Mar 25, 2026 | 3672 118th Allegan | $490,000 | 100 ft | $4,900 | yes |
| Mar 24, 2026 | 1828 Arrowhead Allegan | $575,000 | 120 ft | $4,792 | yes |
| Feb 10, 2026 | 1882 Dillingham Allegan | $330,000 | 112 ft | $2,946 | yes |
| Jan 5, 2026 | 3970 Allegan Dam Allegan | $635,000 | 256 ft | $2,480 | yes |
| Dec 4, 2025 | 4085 Wildwood Allegan | $770,000 | 205 ft | $3,756 | yes |
| Nov 3, 2025 | 3858 Allegan Dam Allegan | $868,000 | 97 ft | $8,948 | outlier |
| Oct 15, 2025 | 3976 Grandview Allegan | $430,000 | 100 ft | $4,300 | yes |
| Sep 29, 2025 | 3676 118th Allegan | $625,000 | 100 ft | $6,250 | older |
| Aug 28, 2025 | 3992 Grandview Allegan | $380,000 | 75 ft | $5,067 | older |
| Aug 19, 2025 | 3444 Snowfarm Allegan | $535,000 | 340.62 ft | $1,571 | older |
| Aug 12, 2025 | 3834 118th Allegan | $650,000 | 144 ft | $4,514 | older |
| May 9, 2025 | 4121 Wildwood Dr Allegan | $845,000 | 115 ft | $7,348 | older |
| May 6, 2025 | 1751 42nd Allegan | $495,000 | 300 ft | $1,650 | older |
| Apr 21, 2025 | 3790 Damal Allegan | $525,000 | 115 ft | $4,565 | older |
| Mar 25, 2025 | 3996 Allegan Dam Allegan | $490,000 | 66 ft | $7,424 | older |
| Oct 29, 2024 | 3635 Bayview Allegan | $580,000 | 135 ft | $4,296 | older |
| Oct 21, 2024 | 3631 Bayview Allegan | $815,000 | 108 ft | $7,546 | older |
| Aug 28, 2024 | 3774 Damal Allegan | $585,000 | 108 ft | $5,417 | older |
| Aug 19, 2024 | 3680 118th Allegan | $415,000 | 100 ft | $4,150 | older |
| Jul 26, 2024 | 3633 Bayview Allegan | $875,000 | 90 ft | $9,722 | older |
| Jul 12, 2024 | 3831 Forest Allegan | $670,000 | 263 ft | $2,548 | older |
| May 22, 2024 | 3509 Lake Allegan Allegan | $450,000 | 100 ft | $4,500 | older |
| May 1, 2024 | 4111 Wildwood Allegan | $700,000 | 100 ft | $7,000 | older |
| Dec 28, 2023 | 3656 118th Allegan | $490,555 | 100 ft | $4,906 | 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 Lake Allegan.
Every time a home closes on Lake Allegan, 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 Lake Allegan 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 Lake Allegan 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.