Home prices
The value of the median home in Carp Lake is $122,500. In comparison to nearby areas this is approximately $38,460 (23%) lower.It is roughly $95,000 (43%) lower compared to the rest of the nation, and is about $30,000 (32%) higher compared to the city of Sault Ste. Marie.
Rents
The median monthly rent in Carp Lake is $525. This is about $166 (24%) lower compared to the surrounding areas.Compared to the entire country it is approximately $537 (50%) lower, and compared to the city of Sault Ste. Marie is roughly $173 (24%) lower.
Nearby places
Mackinaw City
Mackinaw City is about 5 miles north from Carp Lake. Its real estate prices are a bit more expensive. The cost of the median home in Mackinaw City is $151,600, which works out to $29,100 (19%) higher than Carp Lake. Its rents are a little more expensive. In Mackinaw City the median rent is $686 per month, which is $161 (23%) higher than Carp Lake.
Pellston
Pellston is roughly 8 miles south of Carp Lake. Real estate prices there are significantly less expensive. The median home in Pellston is valued at $86,000, which is $36,500 (42%) lower than Carp Lake. Rent there is a lot more expensive. The median rent in Pellston is $850 per month, which is $325 (38%) higher than Carp Lake.
St. Ignace
St. Ignace is approximately 11 miles north from Carp Lake. Its real estate prices are somewhat less expensive. St. Ignace's median home price is $113,300, which is $9,200 (8%) lower than Carp Lake. The rent there is somewhat more expensive. St. Ignace's median rent is $605 per month, which is $80 (13%) higher than Carp Lake.
Mackinac Island
Mackinac Island is approximately 11 miles northeast from Carp Lake. Its housing prices are substantially more expensive. The cost of the median home in Mackinac Island is $373,300, which comes out to $250,800 (67%) higher than Carp Lake. Rents there are somewhat more expensive. In Mackinac Island the median rent is $595 per month, which works out to $70 (11%) higher than Carp Lake.
Cheboygan
Cheboygan is about 12 miles east from Carp Lake. Housing prices there are significantly less expensive. Cheboygan's median home value is $80,600, which comes out to $41,900 (51%) lower than Carp Lake. Rents there are a little more expensive. Cheboygan's median rent is $719 per month, which comes out to $194 (26%) higher than Carp Lake.
