Pine River Valley
Solid value in a growing area
Median $102K
What surprises most people is how much riverfront property stays available here—not because the area lacks appeal, but because these are genuine working retreats, not showpiece estates. The neighborhood sits along the Pine River, where homes back directly onto the water with 140+ feet of frontage, private access for fishing and kayaking, and views across to undisturbed natural banks. Properties range from mobile homes with updated kitchens and metal roofs to chalets with basements, screened porches, and fire pits overlooking the water. The river itself is the draw: trout rising, paddlers launching between public access points, and enough wildlife across the banks to remind you why people don't leave. Hungerford Lake Recreation Area lies about four miles out if you want a second water option. The vibe is low-key—less resort-town polish, more "this is where we come to fish and decompress"—and that's exactly what the market here reflects. You're buying riverside living that actually works.
Why people love it here
$102K median
- 1 recent sale
Mortgage Calculator
Median home price in Pine River Valley
Estimated Monthly Payment
$692/mo
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. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access
Crime in Pine River Valley 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 Pine River Valley home (around $102,000) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $18k/year in household income to qualify — an estimated monthly payment of $675 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $675/mo | $18,006 |
| 10% (+PMI) | $777/mo | $20,733 |
| 5% (+PMI) | $812/mo | $21,643 |
Estimates use a 6.43% 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 an APR or a commitment to lend — your actual rate and payment will vary.
Flood Risk
None
Not in flood zone
Nearest Park
Fairbanks Park
4.2 mi
Parks Nearby
0
within 1 mile
Frequently asked about Pine River Valley
- What do homes cost in Pine River Valley?
- The median home value in Pine River Valley is about $102,000. Individual prices vary by street, size, and condition.
- How active is the Pine River Valley housing market?
- no homes are listed in Pine River Valley right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Pine River Valley?
- Pine River Valley is served by Pine River Area Schools.
Top contributors in Pine River Valley
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