Palo
Solid value in a growing area
Median $176K·Walkability 0.0/10·Schools 5.5/10
What surprises people about this stretch of rural Ionia County is that it has actual history—named after an 1846 battle, home to a post office since 1857, and filled with buildings old enough to feel like you've driven through time. Joe's Market still handles mail for the community, and if you look around, you'll spot the brick bones of what were once churches, stores, and small manufacturing concerns that served an agricultural belt locals have long called uncommonly fertile.
Why people love it here
$176K median
- 1 recent sale
Conventional Mortgage Calculator
Median home price in Palo
Estimated Monthly Payment
$1,195/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 2 rated schools nearby
Range: 4/10 to 7/10
School District: Carson City-Crystal Area Schools
Walkability
Car-dependent
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Pickerel Lake
Unnamed beach
Crime in Palo 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 Ionia County.
Ionia County crime & safety stats →To buy a median-priced Palo home (around $176,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $31k/year in household income to qualify — an estimated monthly payment of $1,171 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,171/mo | $31,217 |
| 10% (+PMI) | $1,348/mo | $35,940 |
| 5% (+PMI) | $1,407/mo | $37,520 |
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.
Solar potential
~$861/yr in electricity from a typical rooftop solar system
Produces ~6,284 kWh/yr · offsets ~60% of a typical home's use
Utility, solar, and service details for Palo 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
Woodard Lake Public Access
4.3 mi
Parks Nearby
0
within 1 mile
Frequently asked about Palo
- What do homes cost in Palo?
- The median home value in Palo is about $176,000. Individual prices vary by street, size, and condition.
- How active is the Palo housing market?
- no homes are listed in Palo right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Palo?
- Palo is served by Carson City-Crystal Area Schools. Its highest-rated assigned school is Carson City Elementary School (7/10).
- Is Palo walkable?
- Palo scores 0.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Palo
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