Elk Township (County-subdivision)
Solid value in a growing area
The quick answer
Elk Township (County-subdivision) is a township. Homes here typically sell for around $228,000.
8 homes for sale·Median $228K·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.
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Why people love it here
$228K median
- 19 sales in last 12mo
Conventional Mortgage Calculator
Median home price in Elk Township (County-subdivision)
Estimated Monthly Payment
$1,550/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.
19 homes sold in Elk Township (County-subdivision) this year. Thinking of selling?
See what your home is worthMedian Sale Price
$228K
19 sales in last 12mo
Expected Rent
$1,050/mo
$850 – $1,225 · wider-area estimate
Based on 3 rated schools nearby
Range: 3/10 to 4/10
To buy a median-priced Elk Township (County-subdivision) home (around $228,300) at today's 6.67% 30-year fixed rate with 20% down, you'd need roughly $41k/year in household income to qualify — an estimated monthly payment of $1,540 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,540/mo | $41,072 |
| 10% (+PMI) | $1,773/mo | $47,271 |
| 5% (+PMI) | $1,851/mo | $49,356 |
Estimates use a 6.67% 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
10 parcels
Active / pending
Typical Land Value
$15K/acre
Median asking
Median Price
$72K
Per listing
Flood Risk
None
Not in flood zone
Nearest Park
Unnamed park
0.2 mi
Parks Nearby
10
within 1 mile
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Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Elk Township (County-subdivision)? Our team can help with availability, schools, and what it's really like to live here.
Living in Elk Township (County-subdivision): the details
Is Elk Township (County-subdivision) a good place to live?
Here is what the data shows about living in Elk Township (County-subdivision). Homes here typically sell for around $228,000.
What does it cost to live in Elk Township (County-subdivision)?
The typical home in Elk Township (County-subdivision) goes for around $228,000. There are 8 homes for sale here right now and 19 homes sold here in the past year.
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 $228,300. Individual prices vary by street, size, and condition.
- How active is the Elk Township (County-subdivision) housing market?
- there are 8 homes for sale in Elk Township (County-subdivision) right now, and 19 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.