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Rent To Own Homes in Glen Arbor, MI

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Glen Arbor, MI Foreclosures

How much do homes sell for in Glen Arbor, MI?
The average home price is currently $1,185,458.
In Glen Arbor, MI, how many homes are available?
There are currently 5 active home listings available in Glen Arbor.
What’s the average rental cost in Glen Arbor, MI?
The average rental price in Glen Arbor is $1,420.
What is the most expensive home in Glen Arbor?
The most expensive home sold in Glen Arbor had a price of $8,491,199.
What is currently the cheapest priced home in Glen Arbor, MI?
The cheapest home for sale in Glen Arbor is priced at $87,392.

Living in Glen Arbor, MI

Glen Arbor, Michigan, is a picturesque small town situated along the shore of Lake Michigan. This charming community is renowned for its breathtaking scenery, outdoor recreation, and welcoming atmosphere. With easy access to Sleeping Bear Dunes National Lakeshore, Glen Arbor is perfect for nature lovers and those seeking a peaceful retreat.

Current Market Conditions in Glen Arbor, MI

The real estate market in Glen Arbor is currently experiencing a surge in demand, primarily due to the area's natural beauty and outdoor lifestyle offerings. With many buyers seeking vacation homes or permanent residences away from crowded urban areas, property sales have been brisk. However, inventory is limited, leading to increased prices and competitive offers.

New construction projects and renovations of existing homes are also trending, as developers recognize the area's potential. Buyers are particularly interested in properties that feature lake views or easy access to outdoor amenities, such as hiking areas or beaches.

Home Value Estimator For Glen Arbor, MI

There are currently 1,209 real estate properties in Glen Arbor, MI, with a median automated valuation model (AVM) price of $826,233.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Glen Arbor, 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 Glen Arbor, MI, is $1,185,458.00, with the most expensive house in Glen Arbor, MI, topping out at $8,491,199.00 and the cheapest home in Glen Arbor, MI, clocking in at $87,392.00. In other words, there’s something for every potential homebuyer or savvy investor in Glen Arbor, MI!

Rent Prices In Glen Arbor, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Glen Arbor, MI, is on a rollercoaster ride. The average rent price in Glen Arbor, MI, is $1,420.00. Indeed, when looking to rent in Glen Arbor, MI, you can expect to pay as little as $750.00 or as much as $2,600.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Glen Arbor, 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.

Glen Arbor, MI Rent To Own Homes

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