Canterbury Park
Solid value in a growing area
Median $155K·Schools 3.7/10
A handful of streets branch off a quiet rural road, leading to homes that sit on generous lots where Lake Michigan lies less than half a mile away—close enough that the water shapes the whole character of the place. The area draws people seeking room to breathe without the burden of sprawl; properties here tend toward older cottages and cabins mixed with newer builds, all of them oriented toward the lake that dominates the horizon. An unnamed park sits about a mile out if you're after something structured, though the real draw is the access itself—this is the kind of stretch where you can own a slice of lakefront or lake-adjacent living without needing to be downtown or trapped in resort pricing. The roads feel genuinely secondary to the water, which is how people around here seem to prefer it.
Why people love it here
$155K median
- 1 recent sale
Mortgage Calculator
Median home price in Canterbury Park
Estimated Monthly Payment
$1,052/mo
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access
Based on 3 rated schools nearby
Range: 3/10 to 4/10
School District: Baldwin Community Schools
Crime in Canterbury Park is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Lake County.
Lake County crime & safety stats →To buy a median-priced Canterbury Park home (around $155,000) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $27k/year in household income to qualify — an estimated monthly payment of $1,026 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,026/mo | $27,362 |
| 10% (+PMI) | $1,181/mo | $31,505 |
| 5% (+PMI) | $1,233/mo | $32,888 |
Estimates use a 6.43% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not an APR or a commitment to lend — your actual rate and payment will vary.
Flood Risk
None
Not in flood zone
Nearest Park
Lake Township Park
1.1 mi
Parks Nearby
0
within 1 mile
Frequently asked about Canterbury Park
- What do homes cost in Canterbury Park?
- The median home value in Canterbury Park is about $155,000. Individual prices vary by street, size, and condition.
- How active is the Canterbury Park housing market?
- no homes are listed in Canterbury Park right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Canterbury Park?
- Canterbury Park is served by Baldwin Community Schools. Its highest-rated assigned school is Baldwin Elementary School (4/10).
Top contributors in Canterbury Park
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