Multi-family Foreclosures in Lennon, MI 48449

Current Market Conditions in Lennon, MI

The real estate market in Lennon, MI is currently on an upswing as more buyers seek out peaceful, rural communities for their next home. The market has shown increased interest due to its affordability compared to nearby cities, making it an attractive option for first-time buyers and families alike.

Home prices in Lennon have become more competitive, with a growing demand that is driving up property values. Inventory has remained relatively stable, but there is a clear trend of homes selling faster as people recognize the benefits of living in this quaint town.

Rent Prices In Lennon, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lennon, MI, is on a rollercoaster ride. The average rent price in Lennon, MI, is $1,360.00. Indeed, when looking to rent in Lennon, MI, you can expect to pay as little as $930.00 or as much as $2,180.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Lennon, 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.