The median home in Lake Odessa, Michigan is valued at $245,699, up 7.0% year over year. Lake Odessa is part of the Grand Rapids-Kentwood, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$245,699

+7.0%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$49,140 on $245,699

Example: $75,000 household income. Change it above to see your own.

Affordable27.1% of income

Under the 28% guideline.

PITI$1,691

P/I27.1%

Afford$254K

Room+$9K

P&I $1,242Tax $315Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Lake Odessa with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Grand Rapids-Kentwood, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Grand Rapids-Kentwood, MI metro.

View Grand Rapids-Kentwood, MI metro

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Lake Odessa, MI