Foreclosure Homes in Ellsworth, MI 49729

Current Market Conditions in Ellsworth, MI

The current real estate market in Ellsworth shows a growing interest from buyers, particularly those looking for vacation homes or investment properties. The demand is supported by the area’s beautiful scenery and increasing popularity as a summer destination, contributing to a steady increase in property values.

Trends indicate a movement towards more sustainable and energy-efficient homes, appealing to environmentally conscious buyers. As more individuals discover the charms of northern Michigan, the competitive landscape for available properties is expected to intensify.

Rent Prices In Ellsworth, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ellsworth, MI, is on a rollercoaster ride. The average rent price in Ellsworth, MI, is $1,566.00. Indeed, when looking to rent in Ellsworth, MI, you can expect to pay as little as $740.00 or as much as $3,060.00, with the average rent median estimated to be $1,540.00. The good news is that finding an affordable and desirable property to rent in Ellsworth, 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.