Lakewood
Surrounded by nature
Median $271K·Walkability 5.7/10·Schools 6.0/10
The area sits on the footprint of what was once Ramona Park and its historic pavilion—now home to a distinctive apartment community built in 1965 that's remained a constant through decades of change, with residents calling it home for twenty or thirty years at a stretch. The three-story complex, designed with a novel scale that raised eyebrows when it first went up, proved so appealing that it's become the only remaining apartment development in East Grand Rapids. Neighbors find themselves walking distance to Gaslight Village, several parks, and the local library, with easy access to the amenities that define the broader area.
Why people love it here
Lake life
- Fox Lake within walking distance
- 15 parks within 1 mile
- Fox Lake: 8 min walk
- Lakewood Club Park: 12 min walk
$271K median
- 38 sales in last 12mo
Walkable for daily errands
- Fox Lake: 8 min walk
- 1 places within a 10 min walk
Conventional Mortgage Calculator
Median home price in Lakewood
Estimated Monthly Payment
$1,843/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.
38 homes sold in Lakewood this year. Thinking of selling?
See what your home is worthNearest Park
Lakewood Club Park
0.5 mi
Parks Nearby
15
within 1 mile
Nearest Lake
Fox Lake
0.0 mi
Walkability
Fair
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Pizza Paradise
Surfside Beer Garden
Lakewood Club Park
Sousa Field
Fox Lake
Unnamed beach
Mid Pond Connector
Dog Star Ranch
Fred Meijer Berry Junction Trail
White Lake Community Library
Northstar Cinema
Based on 3 rated schools nearby
Range: 5/10 to 7/10
School District: Whitehall District Schools
Crime in Lakewood 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 Muskegon County.
Muskegon County crime & safety stats →To buy a median-priced Lakewood home (around $271,450) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $48k/year in household income to qualify — an estimated monthly payment of $1,805 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,805/mo | $48,146 |
| 10% (+PMI) | $2,079/mo | $55,431 |
| 5% (+PMI) | $2,170/mo | $57,868 |
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
6 parcels
Active / pending
Typical Land Value
$5K/acre
Median asking
Median Price
$25K
Per listing
Who actually lends in Lakewood, and how homes here are financed — from 2024 federal mortgage records.
Loans to buy a home
Most active lenders
Homeowners refinancing an existing mortgage
Most active lenders
Source: 2024 HMDA (CFPB/FFIEC). Neighborhood figures are area-weighted estimates from census-tract data; loan amounts are rounded and all-cash purchases are excluded.
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Solar potential
~$894/yr in electricity from a typical rooftop solar system
Produces ~6,517 kWh/yr · offsets ~62% of a typical home's use
Private well
Based on assessor parcel records
Septic (individual)
Based on assessor parcel records
Resident-arranged hauler (Republic/Arrowaste area)
Residents contract their own hauler
Consumers Energy Co · ~13.7¢/kWh
Service splits by location — other areas may be served by Great Lakes Energy. Confirm by address.
Confirm by addressServices for Dalton · Source: daltonmi.gov
Utility, solar, and service details for Lakewood 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.
🛒 Grocery(1)
Grocery Store
🍕 Restaurants(6)
Fast Food
Fast Food
Fast Food
Fast Food
Fast Food
+1 more within 5 miles
🍺 Bars(3)
🏫 Schools(4)
Gordon School
Anderson School
School
Whitehall High School
School
🌳 Parks(5)
+2 more within 5 miles
🐕 Dog Parks(1)
Dog Star Ranch
Dog Park
Frequently asked about Lakewood
- What do homes cost in Lakewood?
- The median home value in Lakewood is about $271,450. Individual prices vary by street, size, and condition.
- How active is the Lakewood housing market?
- there are 7 homes for sale in Lakewood right now, and 38 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Lakewood?
- Lakewood is served by Whitehall District Schools. Its highest-rated assigned school is Whitehall Senior High School (7/10).
- Is Lakewood walkable?
- Lakewood scores 5.7/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Lakewood
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