Germfask, MI Foreclosures
How much do homes sell for in Germfask, MI?
The average home price is currently $215,119.
In Germfask, MI, how many homes are available?
There are currently 4 active home listings available in Germfask.
What’s the average rental cost in Germfask, MI?
The average rental price in Germfask is $1,211.
What is the most expensive home in Germfask?
The most expensive home sold in Germfask had a price of $856,583.
What is currently the cheapest priced home in Germfask, MI?
The cheapest home for sale in Germfask is priced at $35,894.
Living in Germfask, MI
Germfask, located in Michigan's upper peninsula, offers a quaint rural lifestyle surrounded by natural beauty and outdoor activities. It is perfect for families and retirees seeking a quiet life without the hustle and bustle of city living. Residents enjoy fishing, hiking, and exploring the picturesque landscapes of the area.
Current Market Conditions in Germfask, MI
The current real estate market in Germfask shows a stable trend, with home prices generally remaining affordable compared to larger cities in Michigan. The demand for rural properties has been increasing as people seek out quiet, natural environments; this has led to a slight uptick in home sales throughout the past year.
In the past month, Germfask has experienced a decrease in inventory, pushing prices upward slightly. With more buyers looking for homes that offer outdoor spaces and access to recreational activities, the local market is showing promising signs of growth.
Home Value Estimator For Germfask, MI
There are currently 593 real estate properties
in Germfask, MI,
with a median automated valuation model (AVM) price
of $193,237.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Germfask, MI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Germfask, MI,
is $215,119.00, with the most expensive house
in Germfask, MI, topping out
at $856,583.00 and the cheapest home
in Germfask, MI,
clocking in at $35,894.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Germfask, MI!
Rent Prices
In Germfask, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Germfask, MI, is on
a rollercoaster ride. The
average rent price in Germfask, MI,
is $1,211.00. Indeed, when looking to rent in
Germfask, MI, you can expect to pay as little
as $800.00 or as much
as $1,680.00,
with the average rent median estimated to
be $1,220.00. The good news is that finding
an affordable and desirable property to rent in Germfask, MI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.