Stephenson, MI Foreclosures
How much do homes sell for in Stephenson, MI?
The average home price is currently $184,676.
What’s the average rental cost in Stephenson, MI?
The average rental price in Stephenson is $1,408.
What is the most expensive home in Stephenson?
The most expensive home sold in Stephenson had a price of $8,727,300.
What is currently the cheapest priced home in Stephenson, MI?
The cheapest home for sale in Stephenson is priced at $13,520.
Living in Stephenson, MI
Stephenson, Michigan is a quaint and inviting small town that offers a peaceful lifestyle surrounded by nature. With its community-driven atmosphere, outdoor recreational activities, and strong educational institutions, it's an ideal place for families and individuals looking for a serene environment. The town's close proximity to parks and waterways makes it a haven for outdoor enthusiasts.
Current Market Conditions in Stephenson, MI
The current real estate market in Stephenson is steadily growing, showing a healthy balance between supply and demand. The area has seen an influx of buyers looking for affordable homes in serene environments, driving prices upward slightly. Many homes on the market are attracting multiple offers, particularly those with updated amenities or proximity to recreational areas.
Overall, the market is competitive, but buyers can find opportunities for homeownership without breaking the bank. As more individuals seek out tranquil, unfettered living spaces away from urban areas, Stephenson is becoming a desirable spot for a range of buyers, including families and retirees.
Home Value Estimator For Stephenson, MI
There are currently 1,146 real estate properties
in Stephenson, MI,
with a median automated valuation model (AVM) price
of $156,302.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Stephenson, 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 Stephenson, MI,
is $184,676.00, with the most expensive house
in Stephenson, MI, topping out
at $8,727,300.00 and the cheapest home
in Stephenson, MI,
clocking in at $13,520.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Stephenson, MI!
Rent Prices
In Stephenson, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Stephenson, MI, is on
a rollercoaster ride. The
average rent price in Stephenson, MI,
is $1,408.00. Indeed, when looking to rent in
Stephenson, MI, you can expect to pay as little
as $730.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,450.00. The good news is that finding
an affordable and desirable property to rent in Stephenson, 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
