Thompson'S Park
Solid value in a growing area
Median $199K·Schools 3.7/10
The water is close—Lake Michigan sits just a mile away, close enough that on the right day you can feel the shift in the air when you step outside. This stretch of West Michigan sits in that sweet spot where you're genuinely near the shoreline without being consumed by it; the neighborhood itself is residential and quiet, with homes spread across a platted layout that gives everything room to breathe. Hungerford Lake Recreation Area is about a mile and a half down the road if you want a quick outing without the drive. It's the kind of place where proximity to both water and open space feels less like luck and more like geography doing what it does best—nothing fancy, nothing forced, just good bones and good access.
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Why people love it here
$199K median
- 1 recent sale
Conventional Mortgage Calculator
Median home price in Thompson'S Park
Estimated Monthly Payment
$1,351/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 3 rated schools nearby
Range: 3/10 to 4/10
School District: Baldwin Community Schools
To buy a median-priced Thompson'S Park home (around $199,000) at today's 6.65% 30-year fixed rate with 20% down, you'd need roughly $36k/year in household income to qualify — an estimated monthly payment of $1,340 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,340/mo | $35,744 |
| 10% (+PMI) | $1,543/mo | $41,141 |
| 5% (+PMI) | $1,611/mo | $42,955 |
Estimates use a 6.65% 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
2 parcels
Active / pending
Median Price
$7K
Per listing
Flood Risk
None
Not in flood zone
Nearest Park
Paradise Lake Public Access
1.7 mi
Parks Nearby
0
within 1 mile
🍕 Restaurants(4)
Subway
Fast Food
Pompeiis Pizza
Restaurant
Fast Food
Restaurant
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Thompson'S Park? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Thompson'S Park
- What do homes cost in Thompson'S Park?
- The median home value in Thompson'S Park is about $199,000. Individual prices vary by street, size, and condition.
- How active is the Thompson'S Park housing market?
- no homes are listed in Thompson'S Park right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Thompson'S Park?
- Thompson'S Park is served by Baldwin Community Schools. Its highest-rated assigned school is Baldwin Elementary School (4/10).
Top contributors in Thompson'S Park
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