Decatur, MI Foreclosures
How much do homes sell for in Decatur, MI?
The average home price is currently $254,045.
In Decatur, MI, how many homes are available?
There are currently 1 active home listings available in Decatur.
What’s the average rental cost in Decatur, MI?
The average rental price in Decatur is $1,097.
What is the most expensive home in Decatur?
The most expensive home sold in Decatur had a price of $3,193,643.
What is currently the cheapest priced home in Decatur, MI?
The cheapest home for sale in Decatur is priced at $10,256.
Living in Decatur, MI
Decatur, MI is a charming small town with a strong sense of community. It offers a peaceful living environment surrounded by natural beauty, making it ideal for families and individuals seeking a slower pace of life. Educational facilities in the area are reliable, and there are plenty of local events to keep residents engaged and connected.
Current Market Conditions in Decatur, MI
The real estate market in Decatur, MI is currently exhibiting a steady trend with moderate growth. While homes are available in various price ranges, buyers are noticing increased competition as inventory remains relatively low. Recently, home values have shown positive trends, indicating a healthy demand within the market, appealing to both families and investors alike.
As of late, Decatur has seen an increase in home renovations and new constructions, suggesting that the area is becoming more appealing to potential homeowners. Furthermore, the attractiveness of living in a small town with quick access to both natural and urban amenities enhances the market's prospects.
Home Value Estimator For Decatur, MI
There are currently 2,488 real estate properties
in Decatur, MI,
with a median automated valuation model (AVM) price
of $202,810.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Decatur, 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 Decatur, MI,
is $254,045.00, with the most expensive house
in Decatur, MI, topping out
at $3,193,643.00 and the cheapest home
in Decatur, MI,
clocking in at $10,256.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Decatur, MI!
Rent Prices
In Decatur, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Decatur, MI, is on
a rollercoaster ride. The
average rent price in Decatur, MI,
is $1,097.00. Indeed, when looking to rent in
Decatur, MI, you can expect to pay as little
as $440.00 or as much
as $2,240.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Decatur, 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.
Learn more on Foreclosure homes
