Foreclosure Homes in Manistee, MI

Current Market Conditions in Manistee, MI

The real estate market in Manistee is currently experiencing a balanced phase, with inventory levels stabilizing after a period of heightened demand. Prices have been moderately increasing due to interest from out-of-state buyers looking for vacation homes or relocations, particularly as remote work becomes more prevalent. Overall, Manistee's market tends to attract families, retirees, and outdoor enthusiasts that appreciate the area's natural beauty.

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.