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Preforeclosure Homes in Manistee, MI

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Manistee, MI Foreclosures

How much do homes sell for in Manistee, MI?
The average home price is currently $299,095.
In Manistee, MI, how many homes are available?
There are currently 2 active home listings available in Manistee.
What’s the average rental cost in Manistee, MI?
The average rental price in Manistee is $1,475.
What is the most expensive home in Manistee?
The most expensive home sold in Manistee had a price of $5,308,270.
What is currently the cheapest priced home in Manistee, MI?
The cheapest home for sale in Manistee is priced at $13,650.

Living in Manistee, MI

Manistee, Michigan, is a charming city located on the shores of Lake Michigan. Renowned for its beautiful sandy beaches and vibrant downtown, it offers a welcoming community perfect for families and retirees alike. The area is rich in history and outdoor recreation opportunities, making it an ideal location for those who love nature and small-town living.

Current Market Conditions in Manistee, MI

The real estate market in Manistee has seen steady growth over the past year, with prices rising as demand increases. The combination of its scenic beauty and outdoor activities draws buyers, particularly those from larger urban areas looking for second homes or retirement options. The market remains competitive, with many properties receiving multiple offers shortly after listing.

Currently, the market shows an increase in housing inventory compared to last year, creating more options for buyers. Despite this increase, the demand remains strong, especially for homes near the waterfront or with scenic views. Investors and homeowners alike see Manistee as an appealing investment due to its picturesque environment and community-oriented lifestyle.

Home Value Estimator For Manistee, MI

There are currently 6,301 real estate properties in Manistee, MI, with a median automated valuation model (AVM) price of $232,596.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Manistee, 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 Manistee, MI, is $299,095.00, with the most expensive house in Manistee, MI, topping out at $5,308,270.00 and the cheapest home in Manistee, MI, clocking in at $13,650.00. In other words, there’s something for every potential homebuyer or savvy investor in Manistee, MI!

Rent Prices In Manistee, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Manistee, MI, is on a rollercoaster ride. The average rent price in Manistee, MI, is $1,475.00. Indeed, when looking to rent in Manistee, MI, you can expect to pay as little as $840.00 or as much as $2,040.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Manistee, 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.

Manistee, MI Preforeclosure Homes


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