Pearl Lake
Surrounded by nature
Median $155K·Walkability 4.5/10
Why people love it here
Lake life
- Pearl Lake within walking distance
- 20 parks within 1 mile
- Pearl Lake: 0 min walk
- Pearl Lake Park: 6 min walk
$155K median
- 1 recent sale
Notable nearby
Lake facts
MI DNRConventional Mortgage Calculator
Median home price in Pearl Lake
Estimated Monthly Payment
$1,052/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.
Nearest Park
Pearl Lake Park
0.2 mi
Parks Nearby
20
within 1 mile
Walkability
Fair
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Sheridan Village Market
Pearl Lake Park
Pearl Lake Playground
Pearl Lake
Unnamed beach
Meadow Loop
Hundred Acre Woods Daycare
Crime in Pearl Lake 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 Montcalm County.
Montcalm County crime & safety stats →To buy a median-priced Pearl Lake home (around $155,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $27k/year in household income to qualify — an estimated monthly payment of $1,031 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,031/mo | $27,492 |
| 10% (+PMI) | $1,187/mo | $31,652 |
| 5% (+PMI) | $1,239/mo | $33,043 |
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
~$883/yr in electricity from a typical rooftop solar system
Produces ~6,441 kWh/yr · offsets ~61% of a typical home's use
Utility, solar, and service details for Pearl Lake 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)
Sheridan Village Market
Grocery Store
🏫 Schools(2)
🚴 Trails(3)
👶 Childcare(1)
Hundred Acre Woods Daycare
Childcare Center
🏥 Hospitals(1)
Hospital
Frequently asked about Pearl Lake
- What do homes cost in Pearl Lake?
- The median home value in Pearl Lake is about $155,000. Individual prices vary by street, size, and condition.
- How active is the Pearl Lake housing market?
- no homes are listed in Pearl Lake right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Pearl Lake?
- Pearl Lake is served by Central Montcalm Public Schools.
- Is Pearl Lake walkable?
- Pearl Lake scores 4.5/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Pearl Lake
Detailed statistics are being computed for this location. Demographics, home values, schools, flood risk, and more will appear here automatically.