The median home in Ottawa Lake, Michigan is valued at $312,194, up 6.9% year over year. Ottawa Lake is part of the Monroe, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Monroe, MI stress score, crash risk, and 12-month forecast →

Home Value$312,194

+6.9%

AFFORDABILITY

Enter your income for Ottawa Lake.

Income (annual)

Down Payment

$62,439 on $312,194

Stretch — 33.8% of income

Above 28% but manageable with cuts.

PITI$2,113

P/I33.8%

Afford$259K

Gap-$54K

P&I $1,579Tax $401Ins $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 Ottawa Lake with other housing markets across Michigan.

Lake Angelus$1659K Leland$1097K Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Monroe, MI analysis

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

View Monroe, MI metro →

OTTAWA LAKE, MI