Lake Roland / Toivola median real estate price is $96,823, which is less expensive than 70.1% of Michigan neighborhoods and 83.3% of all U.S. neighborhoods.
The average rental price in Lake Roland / Toivola is currently $478, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.8% of Michigan neighborhoods.
Lake Roland / Toivola is a remote neighborhood (based on population density) located in South Range, Michigan.
Lake Roland / Toivola real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Lake Roland / Toivola neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Lake Roland / Toivola. The current real estate vacancy rate here is 40.3%. This is higher than the rate of vacancies in 97.3% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (33.5%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.