Grays Addition To Baldwin
Solid value in a growing area
Median $123K·Schools 3.7/10
Sitting just outside the Village of Baldwin, this area spreads across a landscape where Lake Michigan is barely more than a mile away—close enough that the air carries that Great Lakes sense of space. You're steps from local shops and restaurants, with a park within easy walking distance, yet the neighborhood itself feels genuinely removed from the bustle. Homes here are modest and practical, ranging from small cottages to ranch-style houses on wooded lots, many with the kind of bones that respond well to updates—hardwood floors waiting beneath, basements ready for whatever you need, attached garages, and yards large enough to breathe in. The area has the rhythm of a small Michigan town where you can walk to school and still feel like you're living on your own terms, surrounded by trees and space that doesn't come with complicated overhead. It's the kind of place where people actually stay, fixing things up gradually, knowing their neighbors without making a fuss about it.
Why people love it here
$123K median
- 2 recent sales
Conventional Mortgage Calculator
Median home price in Grays Addition To Baldwin
Estimated Monthly Payment
$835/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.
Based on 3 rated schools nearby
Range: 3/10 to 4/10
School District: Baldwin Community Schools
Crime in Grays Addition To Baldwin 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 Grays Addition To Baldwin home (around $123,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $22k/year in household income to qualify — an estimated monthly payment of $818 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $818/mo | $21,816 |
| 10% (+PMI) | $942/mo | $25,117 |
| 5% (+PMI) | $983/mo | $26,221 |
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.
Flood Risk
None
Not in flood zone
Nearest Park
Baldwin River Boating Access Site
0.5 mi
Parks Nearby
15
within 1 mile
🍕 Restaurants(4)
Fast Food
Pompeiis Pizza
Restaurant
Subway
Fast Food
Restaurant
Frequently asked about Grays Addition To Baldwin
- What do homes cost in Grays Addition To Baldwin?
- The median home value in Grays Addition To Baldwin is about $123,000. Individual prices vary by street, size, and condition.
- How active is the Grays Addition To Baldwin housing market?
- no homes are listed in Grays Addition To Baldwin right now, and 2 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Grays Addition To Baldwin?
- Grays Addition To Baldwin is served by Baldwin Community Schools. Its highest-rated assigned school is Baldwin Senior High School (4/10).
Top contributors in Grays Addition To Baldwin
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