Michigan
Pencil Lake real estate is regarded as a limited inventory market in Michigan for lake homes and lake lots.
Typically, buyers can find very few Pencil Lake homes for sale, and very few Pencil Lake lots and land for sale.
Pencil Lake is a mid-sized Michigan lake.
Pencil Lake real estate is a beautiful, but lesser known, market for lake homes and land in Michigan.
There are typically around 10 lake homes for sale on Pencil Lake, and 10 lots and land listings available. Pencil Lake homes for sale have an average list price of $119,000.