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ATLAS

Grand Rapids Real Estate Co.

A hyper-local geographic knowledge system for Greater Grand Rapids. Fall in love with a place, then find a home there.

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2279 New Town Dr, Grand Rapids, MI 49525
(616) 308-7946 · support@grandrapids.realestate

Operated by Grand Rapids Real Estate Co., a sub-brokerage of AARE · Licensed broker: Jon Hazeltine, Michigan license #6502432782

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IDX data provided by MichRIC MLS · @grandrapidsrealestateco

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Home/Neighborhoods/Lake County/E 24th St & E 16th St Area
Neighborhood6309.4 acres

E 24th St & E 16th St Area

Wide open spaces

Published by Atlas — Grand Rapids Real Estate · data computed by Atlas · reviewed under Jon Hazeltine, Broker Associate (MI #6502432782)
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The quick answer

E 24th St & E 16th St Area is a neighborhood, part of Reed City Area Public Schools. Homes here typically sell for around $255,000.

Jump to:Is it a good place to live?·What it costs to live here

1 home for sale·Median $255K·Walkability 0.0/10·Schools 6.0/10

🏙️68 mito Downtown GR(~2h 15m drive)
🏞️67 mito Lake Michigan(~2h 14m drive)

Early morning, when the mist sits low over the wooded lots and you can actually hear the creek running through—that's when this stretch shows what it's really about. Properties here sit on sprawling acreage, often 10, 20, even 40 acres of rolling, forested ground, and the character isn't fussy manicured lawns but land itself: mowed trails through the trees, ponds, pole barns built for real work, decks angled to catch views across pasture or into the woods. You're looking at homes that blend into the landscape rather than fight it—ranch houses, manufactured homes on peaceful corners, properties where a metal roof or finished basement matters more than appearances. Hungerford Lake Recreation Area lies less than a mile away for anyone who wants trails beyond their own property line, and there's a restaurant about 1.1 miles down the road when you need one, but honestly the draw here is space: room to breathe, outbuildings that do something, and the kind of quiet that doesn't come from gated communities but from actual distance between neighbors.

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Why people love it here

🏡Space & Property

20.5 acre avg lots

  • 133 homes
💰Home Values

$255K median

  • 2 recent sales
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Conventional Mortgage Calculator

Median home price in E 24th St & E 16th St Area

Estimated Monthly Payment

$1,729/mo

$
$50,950
20%
%
Principal & Interest $1,32276%
Property Tax (est.)
$
18%
Insurance (est.)
$
5%

Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.

Get Pre-Approved with Guild Mortgage
Jon Hazeltine

Guild Mortgage

Loan officer: Jon Hazeltine · NMLS #2574218

Company NMLS #3274 · Licensed in MI

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. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.

Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

Recent Sale Price

$255K

2 recent sales

Parks Nearby

0

within 1 mile

Nearest Park

The Old School Ground

3.9 mi

Expected Rent

$1,150/mo

$1,000 – $1,275 · estimated range

6.0
/10 avg
Above average schools

Based on 3 rated schools nearby

Range: 5/10 to 7/10

School District: Reed City Area Public Schools

7GT Norman Elementary SchoolElementary · PK-04 · 515 students · 16:1 · 8.9 mi
6Reed City Middle SchoolMiddle · 05-08 · 442 students · 18:1 · 9.2 mi
5Reed City High SchoolHigh · 09-12 · 437 students · 20:1 · 9.2 mi

To buy a median-priced E 24th St & E 16th St Area home (around $254,750) at today's 6.65% 30-year fixed rate with 20% down, you'd need roughly $46k/year in household income to qualify — an estimated monthly payment of $1,716 (principal, interest, property tax est., and insurance).

Down paymentMonthly paymentIncome needed
20% $1,716/mo$45,758
10% (+PMI)$1,975/mo$52,667
5% (+PMI)$2,062/mo$54,989

Estimates use a 6.65% 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 a commitment to lend, and not an APR — your actual rate and payment will vary.

Full E 24th St & E 16th St Area cost-of-living breakdown →

Solar potential

~$909/yr in electricity from a typical rooftop solar system

Produces ~6,362 kWh/yr · offsets ~61% of a typical home's use

Utility, solar, and service details for E 24th St & E 16th St Area are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.

Flood Risk

None

Not in flood zone

Nearest Park

The Old School Ground

3.9 mi

Parks Nearby

0

within 1 mile

🍕 Restaurants(1)

Chase Creek Smokehouse

Restaurant

4.1 mimap

🌳 Parks(1)

The Old School Ground

3.9 mimap

🚴 Trails(3)

Pere Marquette State Trail

Bike Path

3.3 mimap

Pere Marquette State Trail

Bike Path

3.6 mimap

Pere Marquette State Trail

Bike Path

3.9 mimap
GR

Atlas — Grand Rapids Real Estate

Local real estate specialists

Questions about E 24th St & E 16th St Area? Our team can help with availability, schools, and what it's really like to live here.

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Living in E 24th St & E 16th St Area: the details

Is E 24th St & E 16th St Area a good place to live?

E 24th St & E 16th St Area suits buyers looking for room to spread out on larger lots — here is what the data shows. For getting around, it is mostly a drive-first area, so you will use a car for groceries, dining and errands. This neighborhood is part of Reed City Area Public Schools. The going price is around $255,000.

What does it cost to live in E 24th St & E 16th St Area?

Homes in E 24th St & E 16th St Area sell for a median of about $255,000. There is 1 home for sale here right now and 2 homes sold here in the past year.

Frequently asked about E 24th St & E 16th St Area

What do homes cost in E 24th St & E 16th St Area?
The median home value in E 24th St & E 16th St Area is about $254,750. Individual prices vary by street, size, and condition.
How active is the E 24th St & E 16th St Area housing market?
there is 1 home for sale in E 24th St & E 16th St Area right now, and 2 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
What schools serve E 24th St & E 16th St Area?
E 24th St & E 16th St Area is served by Reed City Area Public Schools. Its highest-rated assigned school is GT Norman Elementary School (7/10).
Is E 24th St & E 16th St Area walkable?
E 24th St & E 16th St Area scores 0.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.

Top contributors in E 24th St & E 16th St Area

Data sources: parcels · Updated 8/2/2026
GR

Atlas — Grand Rapids Real Estate

Local real estate specialists

Questions about E 24th St & E 16th St Area? Our team can help.

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Conventional Mortgage Calculator

Median in E 24th St & E 16th St Area

Estimated Monthly Payment

$1,729/mo

$
$50,950
20%
%
Principal & Interest $1,32276%
Property Tax (est.)
$
18%
Insurance (est.)
$
5%

Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.

Get Pre-Approved with Guild Mortgage
Jon Hazeltine

Guild Mortgage

Loan officer: Jon Hazeltine · NMLS #2574218

Company NMLS #3274 · Licensed in MI

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. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.

Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

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