Eaton Rapids, MI Homes for Sale

Eaton Rapids, MI Homes for Sale July 19, 2024
75
Listed
62
Avg. DOM
$155.62
Avg. $ / Sq.Ft.
$269,000
Med. List Price
75 Properties
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Discovering Eaton Rapids, MI: A Charming Community

Overview of Eaton Rapids

Welcome to Eaton Rapids, Michigan, a picturesque city known as "The Island City." With a population of approximately 5,200 residents, Eaton Rapids offers a small-town feel with plenty of charm and character. Nestled along the Grand River, this city is perfect for those who enjoy outdoor activities and a tight-knit community atmosphere.

Key Attractions

Eaton Rapids boasts several key attractions that make it a desirable place to live. Island Park, located in the heart of the city, offers beautiful scenery and recreational opportunities. The Eaton Rapids Craft Co. is a local favorite, providing craft beer and a friendly atmosphere.

Nearby Cities

For those who want the tranquility of a small town but still need access to larger cities, Eaton Rapids is ideally located. It's just 20 miles from Lansing, the state capital, and 30 miles from Jackson. This proximity allows residents to enjoy the benefits of a larger metropolitan area while living in a peaceful community.

Real Estate Market Overview in Eaton Rapids

Average and Median Home Prices

The real estate market in Eaton Rapids is both affordable and stable, making it an attractive option for homebuyers. The average home price is around $180,000, while the median home price is approximately $170,000. These prices reflect the city's affordability compared to nearby areas.

Market Trends

The Eaton Rapids real estate market has been experiencing a steady rise in demand, with an annual appreciation rate of about 5%. Homes in the area typically spend around 45 days on the market, indicating a healthy and active market.

Types of Homes Available

Eaton Rapids offers a diverse range of homes to suit various needs and preferences. Single-family homes dominate the market, making up about 80% of available properties. Condos and townhouses account for 15%, while historic homes represent 5% of the market. There is also some new construction, though it is limited.

Construction and Architectural Styles

The homes in Eaton Rapids come in a variety of architectural styles. Victorian homes, which are over 100 years old, are notable for their intricate designs and historic charm. Colonial homes, built in the 1940s to 1960s, offer classic appeal. Ranch-style homes, constructed in the 1970s to 1990s, provide modern amenities, while contemporary homes feature sleek designs and recent builds.

Property Sizes and Lot Dimensions

Property sizes in Eaton Rapids vary widely. The average lot size ranges from 0.25 to 1 acre, providing ample space for families. Larger properties, up to 5 acres, are also available, ideal for those seeking more land. Smaller lots are common for condos and townhouses, offering low-maintenance living options. Many family homes feature beautiful gardens and yard spaces.

Price Range and Tax Information

Homes in Eaton Rapids are priced between $120,000 and $400,000, catering to a range of budgets. Property taxes are relatively low, with an average rate of 1.4%. For example, a home priced at $180,000 would have an annual property tax of approximately $2,520. The city also offers various tax benefits and exemptions, making homeownership more affordable.

Types of Homes Available in Eaton Rapids

Single-Family Homes

Single-family homes make up the majority of the housing market in Eaton Rapids, accounting for about 80% of available properties. These homes typically feature 3-4 bedrooms, 2-3 bathrooms, and range from 1,500 to 2,500 square feet. Many of these homes come with spacious yards, ideal for families looking for outdoor space.

Condos and Townhouses

Condos and townhouses represent approximately 15% of the market in Eaton Rapids. These properties are perfect for individuals or smaller families seeking low-maintenance living. Condos generally range from 1,000 to 1,500 square feet, with prices starting around $120,000. Townhouses are slightly larger, often between 1,200 and 1,800 square feet, with prices starting around $150,000.

Historic Homes

For those who appreciate history and character, Eaton Rapids offers a selection of historic homes, making up about 5% of the market. These homes are typically over 100 years old and feature unique architectural details. Prices for historic homes vary widely, depending on their condition and level of preservation, but they generally start around $200,000.

New Construction

While new construction is limited in Eaton Rapids, there are some modern homes available. These homes feature contemporary designs, energy-efficient amenities, and modern finishes. New construction homes typically range from 1,800 to 2,500 square feet, with prices starting around $250,000.

Architectural Styles in Eaton Rapids Homes

Victorian Homes

Victorian homes are a notable feature in Eaton Rapids, known for their ornate details, steep gable roofs, and vibrant colors. These homes are often over a century old and offer a glimpse into the architectural history of the area. Victorian homes typically range from 1,800 to 3,000 square feet, with prices starting around $250,000.

Colonial Homes

Colonial-style homes are another common architectural style in Eaton Rapids. Built primarily in the 1940s to 1960s, these homes feature symmetrical facades, brick exteriors, and gabled roofs. Colonial homes are usually 1,500 to 2,500 square feet, with prices starting around $180,000.

Ranch Homes

Ranch-style homes, popular from the 1970s to 1990s, are abundant in Eaton Rapids. These single-story homes offer open floor plans, large living areas, and attached garages. Ranch homes typically range from 1,200 to 2,000 square feet, with prices starting around $160,000.

Contemporary Homes

Contemporary homes in Eaton Rapids feature modern designs with clean lines, large windows, and open spaces. These homes are often newly built and incorporate energy-efficient technologies and smart home features. Contemporary homes generally range from 1,800 to 2,500 square feet, with prices starting around $250,000.

Property Sizes and Lot Dimensions

Average Lot Sizes

In Eaton Rapids, the average lot size for a home is between 0.25 to 1 acre. This provides ample space for outdoor activities, gardening, and privacy. Larger lots, ranging up to 5 acres, are also available for those seeking more land, perfect for hobby farming or expansive gardens.

Large Properties

For buyers looking for more space, Eaton Rapids offers properties with lots up to 5 acres. These larger lots are ideal for those who want to enjoy a rural lifestyle while still being close to town amenities. Homes on these lots often feature additional structures like barns or workshops, adding to their appeal.

Smaller Lots

Smaller lots, typically less than 0.25 acres, are common for condos and townhouses. These properties provide a low-maintenance lifestyle, perfect for busy professionals or retirees. Despite the smaller lot size, these homes often include communal green spaces or parks nearby, offering a balance between convenience and outdoor enjoyment.

Garden and Yard Spaces

Many homes in Eaton Rapids feature beautiful garden and yard spaces. These areas are perfect for families who enjoy outdoor living, offering space for playsets, gardening, or simply relaxing. The city's climate supports a variety of plant life, making it easy to maintain lush, vibrant gardens.

Home Prices and Tax Information

Price Range

Homes in Eaton Rapids are priced between $120,000 and $400,000, making it an affordable option for many buyers. The average home price sits around $180,000, providing good value for the amenities and space available. Whether you're looking for a starter home or a more luxurious property, Eaton Rapids has something to fit your budget.

Property Taxes

Property taxes in Eaton County are relatively low, with an average rate of 1.4%. For example, on a home priced at $180,000, you can expect to pay approximately $2,520 in annual property taxes. The county also offers various tax benefits and exemptions, which can further reduce the financial burden on homeowners.

Tax Benefits and Exemptions

Homeowners in Eaton Rapids can take advantage of several tax benefits and exemptions. These include the Principal Residence Exemption, which can significantly reduce property taxes for primary residences. Additionally, senior citizens, veterans, and disabled individuals may qualify for further exemptions, making homeownership more affordable.

Notable Neighborhoods and Communities

City Center

The City Center of Eaton Rapids is a vibrant and convenient area, perfect for those who want to be close to schools, parks, and local businesses. Homes here are typically older, with many charming historic properties available. Prices in the City Center range from $150,000 to $250,000, with homes averaging 1,200 to 2,000 square feet.

Southside

Southside Eaton Rapids is known for its newer developments and family-friendly atmosphere. This neighborhood features modern homes built in the last 20 years, offering up-to-date amenities and spacious designs. Homes in Southside range from $200,000 to $350,000, with sizes ranging from 1,500 to 2,500 square feet.

North Eaton

North Eaton is famous for its historic homes and charming streets. Many properties here are over 100 years old, featuring unique architectural details and large lots. Home prices in North Eaton start around $180,000 and can go up to $300,000, with properties typically ranging from 1,800 to 3,000 square feet.

Nearby Communities

For those considering options just outside Eaton Rapids, nearby communities such as Dimondale and Charlotte offer additional choices. Dimondale is about 10 miles away and features a mix of historic and modern homes, with prices ranging from $170,000 to $300,000. Charlotte, located 12 miles from Eaton Rapids, offers a variety of homes with prices starting at $150,000.

Schools and Education in Eaton Rapids

Eaton Rapids Public Schools

Eaton Rapids is served by the Eaton Rapids Public Schools district, which includes five elementary schools, one middle school, and one high school. The high school has a graduation rate of 92%, reflecting the district’s commitment to quality education. Notable schools include Greyhound Intermediate School and Eaton Rapids High School.

Private Schools

For families seeking private education options, Eaton Rapids Christian School offers an alternative to the public school system. This private institution provides a faith-based education for students from kindergarten through 12th grade. Tuition rates vary, but average around $5,000 per year.

Nearby Higher Education

For higher education, residents of Eaton Rapids have convenient access to several colleges and universities. Michigan State University, located just 20 miles away in East Lansing, is one of the top public universities in the country. Additionally, Lansing Community College and Jackson College provide excellent community college options within a 30-mile radius.

Upgrades and Amenities in Eaton Rapids Homes

Common Upgrades

Many homes in Eaton Rapids have undergone significant upgrades to meet modern standards. Common upgrades include renovated kitchens with granite countertops and stainless steel appliances, updated bathrooms with new fixtures and tiling, and finished basements offering additional living space. These upgrades not only enhance the home's functionality but also increase its market value.

Energy-Efficient Features

Energy efficiency is a growing trend in Eaton Rapids homes. Features such as solar panels, high-efficiency HVAC systems, and double-pane windows are becoming increasingly common. These upgrades help reduce energy costs and make homes more environmentally friendly. Additionally, many homes are equipped with advanced insulation and energy-efficient lighting.

Outdoor Amenities

Outdoor living is a key feature for many Eaton Rapids properties. Homes often come with spacious decks, perfect for entertaining, as well as well-maintained gardens and yards. Some properties include additional amenities such as swimming pools, hot tubs, and outdoor kitchens, making them ideal for families who love spending time outside.

Smart Home Technology

Smart home technology is increasingly popular in Eaton Rapids. Many homes feature smart thermostats, security systems, and automated lighting. These technologies provide added convenience and security, allowing homeowners to control various aspects of their home remotely via smartphone apps.

Living the Eaton Rapids Lifestyle

Community Events

Eaton Rapids offers a variety of community events throughout the year, fostering a strong sense of community. Annual festivals, such as the Eaton Rapids Air and Craft Show and the Island Fest, bring residents together for fun and celebration. The local farmers market, held weekly, is a popular spot for fresh produce and homemade goods.

Outdoor Activities

With its scenic location along the Grand River, Eaton Rapids is a haven for outdoor enthusiasts. Canoeing, kayaking, and fishing are popular activities, thanks to the abundant water resources. The city also features several parks with hiking and biking trails, offering plenty of opportunities for residents to enjoy nature.

Dining and Shopping

Eaton Rapids boasts a variety of dining and shopping options. Local restaurants like Darb’s Tavern & Eatery and Mark’s Place serve up delicious meals in a friendly atmosphere. For shopping, residents can visit boutique stores downtown or take a short drive to nearby Lansing for more extensive retail options.

Healthcare

Healthcare services in Eaton Rapids are top-notch, with the Eaton Rapids Medical Center providing comprehensive medical care. For specialized treatments and larger hospital facilities, residents can access Sparrow Hospital and McLaren Greater Lansing, both located within a 30-mile radius.

Eaton Rapids, MI, offers a charming and affordable place to call home with a wide range of housing options, from historic Victorians to modern contemporaries. The city's real estate market is stable and growing, with homes priced between $120,000 and $400,000. Notable neighborhoods like City Center, Southside, and North Eaton provide diverse living environments to suit different preferences. Residents enjoy a variety of community events, outdoor activities, dining, shopping, and excellent schools. With its welcoming community and beautiful surroundings, Eaton Rapids is a fantastic choice for homebuyers looking for a blend of small-town charm and modern amenities.