Akron, MI Foreclosures
How much do homes sell for in Akron, MI?
The average home price is currently $132,033.
In Akron, MI, how many homes are available?
There are currently 3 active home listings available in Akron.
What’s the average rental cost in Akron, MI?
The average rental price in Akron is $1,204.
What is the most expensive home in Akron?
The most expensive home sold in Akron had a price of $628,287.
What is currently the cheapest priced home in Akron, MI?
The cheapest home for sale in Akron is priced at $11,401.
Living in Akron, MI
Akron, MI is a picturesque village in Tuscola County known for its friendly community and serene rural landscapes. It offers residents a peaceful small-town lifestyle with convenient access to larger urban areas nearby. Ideal for families and retirees, Akron comes alive with community events and local activities.
Current Market Conditions in Akron, MI
Real estate activity in Akron has seen a steady increase over the last few years. The appeal of rural living has attracted buyers seeking a quieter lifestyle, which is reflected in the stable home prices and competitive offers on listings, especially among first-time homebuyers.
The market is currently balanced, with a variety of homes available for sale. Modern amenities combined with charming older homes make for a diverse selection that appeals to different buyers.”],
market_change_month':'In the past month, Akron's real estate market has shown promising signs of growth. The number of homes sold increased slightly, with more buyers entering the market due to favorable interest rates and the ongoing attraction of rural living. Price stability indicates a healthy demand for homes, with many new listings getting offers within weeks of hitting the market. Local trends suggest that the market will continue to remain favorable for sellers as interest in the area grows.
market_change_year':'Over the last year, Akron has experienced a positive shift in its real estate dynamics. Home prices have seen a gradual increase due to a consistent demand for properties in the area. The appeal of rural living has attracted a wider range of buyers, including those relocating from urban areas. As more people discover the joys of living in Akron, the market is expected to strengthen further, leading to increased property values.
Home Value Estimator For Akron, MI
There are currently 572 real estate properties
in Akron, MI,
with a median automated valuation model (AVM) price
of $121,121.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Akron, 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 Akron, MI,
is $132,033.00, with the most expensive house
in Akron, MI, topping out
at $628,287.00 and the cheapest home
in Akron, MI,
clocking in at $11,401.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Akron, MI!
Rent Prices
In Akron, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Akron, MI, is on
a rollercoaster ride. The
average rent price in Akron, MI,
is $1,204.00. Indeed, when looking to rent in
Akron, MI, you can expect to pay as little
as $820.00 or as much
as $1,750.00,
with the average rent median estimated to
be $1,180.00. The good news is that finding
an affordable and desirable property to rent in Akron, 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.
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