Elk Township (County-subdivision)
Solid value in a growing area
7 homes for sale·Median $220K·Schools 3.7/10
Out here, your nearest neighbor is measured in acres, not fence lines, and the Little Manistee River runs close enough that you can hear it from a back porch. Wooded parcels dominate—most lots run several acres deep, with enough space to park a garage workshop, a cabin, or just breathe without seeing another mailbox. Lake Michigan sits at the edge of the area, and the Manistee National Forest wraps around the perimeter, so your weekend isn't a drive; it's a step outside.
Why people love it here
$220K median
- 20 sales in last 12mo
Mortgage Calculator
Median home price in Elk Township (County-subdivision)
Estimated Monthly Payment
$1,491/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
20 homes sold in Elk Township (County-subdivision) this year. Thinking of selling?
See what your home is worthBased on 3 rated schools nearby
Range: 3/10 to 4/10
To buy a median-priced Elk Township (County-subdivision) home (around $219,650) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $39k/year in household income to qualify — an estimated monthly payment of $1,454 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,454/mo | $38,774 |
| 10% (+PMI) | $1,674/mo | $44,646 |
| 5% (+PMI) | $1,748/mo | $46,606 |
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.
Land for sale
Listings
8 parcels
Active / pending
Typical Land Value
$14K/acre
Median asking
Median Price
$60K
Per listing
Flood Risk
None
Not in flood zone
Nearest Park
Unnamed park
0.2 mi
Parks Nearby
10
within 1 mile
☕ Coffee(1)
Sweetfern Cafe & Emporium, Inc
Café
Frequently asked about Elk Township (County-subdivision)
- What do homes cost in Elk Township (County-subdivision)?
- The median home value in Elk Township (County-subdivision) is about $219,650. Individual prices vary by street, size, and condition.
- How active is the Elk Township (County-subdivision) housing market?
- there are 7 homes for sale in Elk Township (County-subdivision) right now, and 20 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.