Housing in Paw Paw Lake, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$250,000
Median List Price
$249,900
Price Per Sq Ft
$178
Days on Market
35
Active Inventory
14
Months of Supply
14.0
Buyer's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
102.5%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
3
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$178
Median List $/SF
$204
Paw Paw Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Paw Paw Lake is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$191,100
Median Rent
$1,151
Total Housing Units
2,762
Vacancy Rate
40.7%
Owner Occupied
73.1%
Renter Occupied
26.9%
Median Property Tax
$2,291
per year
Monthly Cost (w/ Mortgage)
$1,062
Housing Types
The current median sale price in Paw Paw Lake, MI is $250,000 according to Redfin data. Homes spend a median of 35 days on the market. 100.0% of homes sold above asking price. The market has 14.0 months of supply. The median price per square foot is $178. The median rent is $1,151 per month (Census ACS). About 73.1% of housing units are owner-occupied. The median year homes were built is 1960. There are 2,762 total housing units.