Orono
Solid value in a growing area
Median $168K·Walkability 0.0/10·Schools 6.0/10
Life out here revolves around acreage and creeks instead of curbs and curbside pickups. You're looking at properties that sprawl across five, ten, even twenty acres—some with working hobby farms, others bordered by wooded land and rolling hills. The trade-off is real: you get space to breathe, privacy on quiet roads, and room for whatever project you want to tackle, but you're also factoring in a drive to get anywhere that matters.
Why people love it here
$168K median
- 4 sales in last 12mo
Conventional Mortgage Calculator
Median home price in Orono
Estimated Monthly Payment
$1,138/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.
4 homes sold in Orono this year. Thinking of selling?
See what your home is worthBased 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
Reed City Brewing Company
Austin Lake
Spring Valley Golf Course
Crime in Orono 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 Osceola County.
Osceola County crime & safety stats →To buy a median-priced Orono home (around $167,600) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $30k/year in household income to qualify — an estimated monthly payment of $1,115 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,115/mo | $29,727 |
| 10% (+PMI) | $1,283/mo | $34,225 |
| 5% (+PMI) | $1,340/mo | $35,729 |
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
3 parcels
Active / pending
Typical Land Value
$10K/acre
Median asking
Median Price
$55K
Per listing
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
~$893/yr in electricity from a typical rooftop solar system
Produces ~6,249 kWh/yr · offsets ~60% of a typical home's use
Private well
Rural township around Reed City
Septic - individual
Individual septic systems
Private hauler (resident-arranged)
Resident-arranged hauler
Consumers Energy · ~14.3¢/kWh
Rural pockets may be Great Lakes Energy cooperative
Confirm by addressConsumers Energy / propane
Natural gas where available; otherwise propane
Confirm by addressReed City Area Fire Department
Reed City-area fire coverage
Services for Lincoln Township (County-subdivision) · Source: cms4files.revize.com
Utility, solar, and service details for Orono 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.
Nearest Park
Unnamed park
4.0 mi
Parks Nearby
0
within 1 mile
🍕 Restaurants(6)
+1 more within 5 miles
🍺 Bars(1)
🌳 Parks(6)
+3 more within 5 miles
🚴 Trails(4)
White Pine Trail
Bike Path
White Pine Trail
Bike Path
White Pine Trail
Bike Path
+1 more within 5 miles
⚡ EV Charging(1)
Unnamed ev_charging
EV Charging
Frequently asked about Orono
- What do homes cost in Orono?
- The median home value in Orono is about $167,600. Individual prices vary by street, size, and condition.
- How active is the Orono housing market?
- no homes are listed in Orono right now, and 4 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Orono?
- Orono is served by Reed City Area Public Schools. Its highest-rated assigned school is GT Norman Elementary School (7/10).
- Is Orono walkable?
- Orono scores 0.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Orono
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