E 24th St & E 16th St Area
Wide open spaces
1 home for sale·Median $255K·Walkability 0.0/10·Schools 6.0/10
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.
Why people love it here
20.5 acre avg lots
- 133 homes
$255K median
- 2 recent sales
Conventional Mortgage Calculator
Median home price in E 24th St & E 16th St Area
Estimated Monthly Payment
$1,729/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
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
Based on 3 rated schools nearby
Range: 5/10 to 7/10
School District: Reed City Area Public Schools
Crime in E 24th St & E 16th St Area 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 E 24th St & E 16th St Area home (around $254,750) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $45k/year in household income to qualify — an estimated monthly payment of $1,694 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,694/mo | $45,184 |
| 10% (+PMI) | $1,951/mo | $52,021 |
| 5% (+PMI) | $2,037/mo | $54,307 |
Estimates use a 6.49% 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.
Land for sale
Listings
1 parcel
Active / pending
Typical Land Value
$7K/acre
Median asking
Median Price
$270K
Per listing
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
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.