Why Live in Paw Paw Lake
The community around Paw Paw Lake is home to permanent residents seeking a waterfront lifestyle as well as vacationers escaping the big city. “Paw Paw Lake has a lot of second homes,” says Sara Porter, head of youth programming and outreach services at Coloma Public Library. “We’re two hours from Chicago, so a lot of people who live in the city have a lake home here.” The area and its namesake lake are split between Coloma Charter Township and Watervliet Township in Berrien County. The 857-acre lake, about 5 miles from the shores of Lake Michigan, is the centerpiece of the community, along with the smaller Little Paw Paw Lake just north. “It’s not a private lake, so anyone can launch their boat,” Porter says. “It gets really busy during the summer, especially on Fourth of July.” Hundreds of houses surround the large lake. Most have docks for boat storage, and there are several with small, private beaches on the water. They come in various shapes and sizes, ranging from 1,200 square-foot homes for as low as $480,000 to upscale houses with nearly 5,000 square feet for $2.2 million. Some houses off the lake still have views of the water. They can range anywhere from $350,000 to
Home Trends in Paw Paw Lake, MI
On average, homes in Paw Paw Lake, Coloma sell after 50 days on the market compared to the national average of 51 days. The median sale price for homes in Paw Paw Lake, Coloma over the last 12 months is $281,500, up 15% from the median home sale price over the previous 12 months.
Median Sale Price
$281,500
Median Single Family Sale Price
$290,000
Median 2 Bedroom Sale Price
$359,000
Average Price Per Sq Ft
$245
Number of Homes for Sale
20
Last 12 months Home Sales
129
Median List Price
$310,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
15%