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Rent To Own Homes in Southgate, MI

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Southgate, MI Foreclosures

How much do homes sell for in Southgate, MI?
The average home price is currently $208,869.
In Southgate, MI, how many homes are available?
There are currently 16 active home listings available in Southgate.
What’s the average rental cost in Southgate, MI?
The average rental price in Southgate is $1,203.
What is the most expensive home in Southgate?
The most expensive home sold in Southgate had a price of $20,318,932.
What is currently the cheapest priced home in Southgate, MI?
The cheapest home for sale in Southgate is priced at $13,325.

Living in Southgate, MI

Southgate, MI is a welcoming suburb located just minutes from Detroit, recognized for its strong community spirit, quality schools, and abundant parks. Residents enjoy a suburban lifestyle with easy access to urban amenities. The area is perfect for families and professionals alike.

Current Market Conditions in Southgate, MI

The real estate market in Southgate has shown steady growth over the past few years, with demand increasing as more people seek affordable housing options close to Detroit. Homes in the area are generally well-priced, providing good value for buyers and investors alike.

Currently, the market is competitive, with properties often selling quickly due to limited inventory. Buyers should be prepared to make fast decisions as homes that are well-maintained and priced appropriately tend to attract multiple offers.

Home Value Estimator For Southgate, MI

There are currently 10,448 real estate properties in Southgate, MI, with a median automated valuation model (AVM) price of $197,002.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Southgate, 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 Southgate, MI, is $208,869.00, with the most expensive house in Southgate, MI, topping out at $20,318,932.00 and the cheapest home in Southgate, MI, clocking in at $13,325.00. In other words, there’s something for every potential homebuyer or savvy investor in Southgate, MI!

Rent Prices In Southgate, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Southgate, MI, is on a rollercoaster ride. The average rent price in Southgate, MI, is $1,203.00. Indeed, when looking to rent in Southgate, MI, you can expect to pay as little as $660.00 or as much as $2,520.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Southgate, 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.

Southgate, MI Rent To Own Homes

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