Olivers Area
Wide open spaces
The quick answer
Olivers Area is a neighborhood, part of Reed City Area Public Schools. Homes here typically sell for around $190,000.
1 home for sale·Median $190K·Walkability 0.0/10·Schools 6.0/10
Out here, your daily rhythm revolves around land and space instead of sidewalks and proximity. Properties stretch across an average of twenty-four acres each, with homes set back on paved roads overlooking countryside vistas, private ponds, and wildlife. Many places come with outbuildings—pole barns with electricity and water, hobby farm setups, detached garages—the kind of infrastructure that makes rural life actually work. Morning coffee happens on a patio with elevated views, not at a café down the block.
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Why people love it here
17.1 acre avg lots
- 161 homes
$190K median
- Based on 3yr sales
Conventional Mortgage Calculator
Median home price in Olivers Area
Estimated Monthly Payment
$1,290/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.
Median Sale Price
$190K
Based on 3yr sales
Parks Nearby
0
within 1 mile
Nearest Park
The Old School Ground
3.1 mi
Expected Rent
$1,075/mo
$950 – $1,200 · wider-area estimate
Based on 3 rated schools nearby
Range: 5/10 to 7/10
School District: Reed City Area Public Schools
Walkability
Car-dependent
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Lake No Sho Mo
To buy a median-priced Olivers Area home (around $190,000) at today's 6.65% 30-year fixed rate with 20% down, you'd need roughly $34k/year in household income to qualify — an estimated monthly payment of $1,280 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,280/mo | $34,128 |
| 10% (+PMI) | $1,473/mo | $39,280 |
| 5% (+PMI) | $1,538/mo | $41,012 |
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.
Solar potential
~$892/yr in electricity from a typical rooftop solar system
Produces ~6,240 kWh/yr · offsets ~59% of a typical home's use
Utility, solar, and service details for Olivers 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
3.1 mi
Parks Nearby
0
within 1 mile
🍕 Restaurants(5)
☕ Coffee(1)
The Bridge Coffee Shop
Café
🍺 Bars(1)
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Olivers Area? Our team can help with availability, schools, and what it's really like to live here.
Living in Olivers Area: the details
Is Olivers Area a good place to live?
Olivers Area is a strong fit if you want 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. Homes here typically sell for around $190,000.
What does it cost to live in Olivers Area?
The typical home in Olivers Area goes for around $190,000. There is 1 home for sale here right now.
Frequently asked about Olivers Area
- What do homes cost in Olivers Area?
- The median home value in Olivers Area is about $190,000. Individual prices vary by street, size, and condition.
- How active is the Olivers Area housing market?
- there is 1 home for sale in Olivers Area right now. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Olivers Area?
- Olivers Area is served by Reed City Area Public Schools. Its highest-rated assigned school is GT Norman Elementary School (7/10).
- Is Olivers Area walkable?
- Olivers Area scores 0.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.