Mohawk, MI Foreclosures
How much do homes sell for in Mohawk, MI?
The average home price is currently $231,560.
In Mohawk, MI, how many homes are available?
There are currently 1 active home listings available in Mohawk.
What’s the average rental cost in Mohawk, MI?
The average rental price in Mohawk is $1,235.
What is the most expensive home in Mohawk?
The most expensive home sold in Mohawk had a price of $1,823,729.
What is currently the cheapest priced home in Mohawk, MI?
The cheapest home for sale in Mohawk is priced at $17,469.
Living in Mohawk, MI
Mohawk, Michigan, is a charming village located in the scenic Upper Peninsula, known for its stunning views and outdoor recreational opportunities. With a tight-knit community feel and proximity to Lake Superior, Mohawk provides a peaceful lifestyle amidst nature. Enjoy year-round activities including hiking, fishing, and winter sports in this beautiful locale.
Current Market Conditions in Mohawk, MI
The real estate market in Mohawk is characterized by affordability, with many properties listing well below the state average. There is currently a mix of historic homes and newer builds, appealing to both first-time buyers and those looking for vacation properties. Despite the limited inventory, homes that do come on the market tend to sell quickly, especially during the warmer months when many seek to explore the beauty of the area.
Recent trends indicate a growing interest in vacation rentals, thanks to the area's natural attractions and the popularity of the nearby ski resorts. This has led to an increase in property values, with many people looking to invest in second homes or rental properties.
Home Value Estimator For Mohawk, MI
There are currently 715 real estate properties
in Mohawk, MI,
with a median automated valuation model (AVM) price
of $159,011.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mohawk, 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 Mohawk, MI,
is $231,560.00, with the most expensive house
in Mohawk, MI, topping out
at $1,823,729.00 and the cheapest home
in Mohawk, MI,
clocking in at $17,469.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mohawk, MI!
Rent Prices
In Mohawk, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mohawk, MI, is on
a rollercoaster ride. The
average rent price in Mohawk, MI,
is $1,235.00. Indeed, when looking to rent in
Mohawk, MI, you can expect to pay as little
as $460.00 or as much
as $2,020.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Mohawk, 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.