The median home in Paw Paw, Michigan is valued at $260,086, down 0.1% year over year. Typical monthly rent is $995, producing a price-to-rent ratio of 21.8x — well above the national average of 18x.

Home Value$260,086

-0.1%

Rent$995/mo

Prices falling — better for buyers.

Affordability

Enter your income for Paw Paw.

Income (annual)

Down Payment

$52,017 on $260,086

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

Stretch28.5% of income

Above 28% but manageable with cuts.

PITI$1,782

P/I28.5%

Afford$255K

Gap-$5K

P&I $1,315Tax $334Ins $133

Renting $787/mo cheaper ($995 rent)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 Paw Paw 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

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.

Paw Paw, MI