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Rent To Own Homes in Manistique, MI 49854

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Manistique, MI Foreclosures

How much do homes sell for in Manistique, MI?
The average home price is currently $194,907.
In Manistique, MI, how many homes are available?
There are currently 1 active home listings available in Manistique.
What’s the average rental cost in Manistique, MI?
The average rental price in Manistique is $1,330.
What is the most expensive home in Manistique?
The most expensive home sold in Manistique had a price of $2,369,733.
What is currently the cheapest priced home in Manistique, MI?
The cheapest home for sale in Manistique is priced at $16,825.

Living in Manistique, MI

Located in Michigan's Upper Peninsula, Manistique offers a blend of scenic beauty, outdoor recreation, and small-town charm. Families will appreciate the community-focused lifestyle while enjoying nearby natural wonders like Lake Michigan and various parks. The town's historic downtown is perfect for casual strolls, shopping, and dining.

Current Market Conditions in Manistique, MI

The real estate market in Manistique is currently experiencing a steady influx of interest due to its appealing location by Lake Michigan. Buyers are drawn not only for vacation homes but also for year-round living in a peaceful setting. The average home price remains affordable compared to larger urban areas, making it an attractive option for families looking to relocate or invest.

As of late 2023, the market has seen a slight increase in home values, attributed to the growing interest in remote work opportunities and the appeal of small-town living. Demand continues to rise, particularly for homes near the waterfront, as more people discover the lifestyle and recreational options available in the area.

Home Value Estimator For Manistique, MI

There are currently 3,108 real estate properties in Manistique, MI, with a median automated valuation model (AVM) price of $154,357.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Manistique, 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 Manistique, MI, is $194,907.00, with the most expensive house in Manistique, MI, topping out at $2,369,733.00 and the cheapest home in Manistique, MI, clocking in at $16,825.00. In other words, there’s something for every potential homebuyer or savvy investor in Manistique, MI!

Rent Prices In Manistique, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Manistique, MI, is on a rollercoaster ride. The average rent price in Manistique, MI, is $1,330.00. Indeed, when looking to rent in Manistique, MI, you can expect to pay as little as $820.00 or as much as $2,350.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Manistique, 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.

Manistique, MI 49854 Rent To Own Homes

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