Median home value: $312K (+6.9% YoY). Part of Monroe, MI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Monroe, MI metro page.
Home Value$312,194
+6.9%
AFFORDABILITY6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Ottawa Lake.
$62,439 on $312,194
Stretch — 32.5% of income
Above 28% but manageable with cuts.
PITI$2,031
P/I32.5%
Afford$269K
Gap-$43K
P&I $1,497Tax $401Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing