Why Live in Keego Harbor
Keego Harbor, known as the "Heart of the Lakes," is a small town nestled between Cass Lake, Sylvan Lake, and Otter Lake. This suburb, just outside of Pontiac, is recognized as one of Michigan's top retirement spots. The town's name, derived from the Ojibwa word for “fish,” reflects its strong connection to the water, with eight parks and two public beaches within its boundaries. Cass Lake, the largest and deepest in Oakland County, offers boating access to Dodge No. 4 State Park. The West Bloomfield Trail, a 7-mile rail trail, runs along Keego Harbor’s southern edge, providing a scenic route for cyclists. Keego Harbor’s downtown area is bustling with 15 retailers, a dozen restaurants, and two art galleries along Cass Lake Road and Orchard Lake Road. Notable dining spots include Gino’s Pizzeria and Restaurant, Harbor Steak House, and J-Bird Smoked Meats. The town also has a lively nightlife with venues like B1 Tavern and Brewhaus Bar and Grill. Housing in Keego Harbor primarily consists of mid-century cottages, bungalows, ranches, and Colonial Revivals, with prices ranging from $120,000 to $2.5 million for luxury lakefront homes. The area is zoned for the highly rated West Bloomfield School District, including Roosevelt Elementary, West Bloomfield Middle School, and West Bloomfield High. Orchard Lake St. Mary’s Preparatory School, a top Catholic school, is also nearby. Keego Harbor is safer than the national average, making it a practical choice for families. The town is accessible via Cass Lake Road and Orchard Lake Road, with many residents favoring boating as a primary mode of transportation.
Frequently Asked Questions
What is the average home price in Keego Harbor, MI?
Homes for sale in Keego Harbor, MI have an average home price of $416,571.
How many homes have sold over the last 12 months in Keego Harbor, MI?
38 homes have sold in Keego Harbor, MI over the last 12 months.
What are the most popular zip codes in Keego Harbor, MI?
How much do you need to make to afford a house in Keego Harbor?
The median home price in Keego Harbor is $250,000. If you put a 20% down payment of $50,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,300 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $56K a year to afford the median home price in Keego Harbor.
How are the schools in Keego Harbor, MI?
Home Trends in Keego Harbor, MI
On average, homes in Keego Harbor, MI sell after 37 days on the market compared to the national average of 50 days. The median sale price for homes in Keego Harbor, MI over the last 12 months is $197,500, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$197,500
Median Single Family Sale Price
$259,000
Median 2 Bedroom Sale Price
$156,500
Median 1 Bedroom Sale Price
$160,000
Average Price Per Sq Ft
$230
Number of Homes for Sale
7
Last 12 months Home Sales
38
Median List Price
$250,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-1%
