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Foreclosure Homes in Addison, MI 49220

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Addison, MI Foreclosures

How much do homes sell for in Addison, MI?
The average home price is currently $265,549.
In Addison, MI, how many homes are available?
There are currently 4 active home listings available in Addison.
What’s the average rental cost in Addison, MI?
The average rental price in Addison is $1,057.
What is the most expensive home in Addison?
The most expensive home sold in Addison had a price of $1,627,594.
What is currently the cheapest priced home in Addison, MI?
The cheapest home for sale in Addison is priced at $10,485.

Living in Addison, MI

Addison, MI is a serene rural community with beautiful natural surroundings and a strong community spirit. It offers a safe environment with convenient access to local amenities and outdoor recreational activities, making it an appealing choice for families and retirees alike.

Current Market Conditions in Addison, MI

The real estate market in Addison is currently experiencing steady interest, driven by its appealing lifestyle and affordability. Home prices remain competitive, making it a favorable area for both first-time buyers and seasoned investors.

As more people seek refuge from bustling urban environments, the demand for homes in Addison has shown positive growth trends. Proximity to recreational activities and a supportive community atmosphere contribute to its attractiveness for potential investors.

Home Value Estimator For Addison, MI

There are currently 1,077 real estate properties in Addison, MI, with a median automated valuation model (AVM) price of $208,162.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Addison, 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 Addison, MI, is $265,549.00, with the most expensive house in Addison, MI, topping out at $1,627,594.00 and the cheapest home in Addison, MI, clocking in at $10,485.00. In other words, there’s something for every potential homebuyer or savvy investor in Addison, MI!

Rent Prices In Addison, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Addison, MI, is on a rollercoaster ride. The average rent price in Addison, MI, is $1,057.00. Indeed, when looking to rent in Addison, MI, you can expect to pay as little as $580.00 or as much as $1,780.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Addison, 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.

Addison, MI 49220 Foreclosures


Market Trend for Addison, MI

Total Listings Available: 4

Market Values:

Home Prices from $10,485 to $1,627,594

Average Sales Price: $265,549

Rental Values:

Rental from $580 to $1,780

Average Rent Value: $1,057 / month

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