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Short Sale Listings in Akron, MI 48701

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Living in Akron, MI

Situated in the heart of Michigan, Akron is a serene town that offers a blend of rural charm and local amenities. It’s known for its strong sense of community and access to various outdoor activities. With excellent schools and a peaceful lifestyle, Akron is an attractive option for families and investors alike.

Current Market Conditions in Akron, MI

The current real estate market in Akron is experiencing steady growth with an increasing demand for homes. Investors are drawn to the area's affordable housing prices, which provide opportunities for rental income and appreciation over time.

With a low inventory of homes for sale, properties are moving quickly, indicating a healthy market for both buyers and sellers. This trend is consistent with many small towns across Michigan that are seeing renewed interest from those looking to escape urban living.

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 $124,911.00. 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 $134,168.00, with the most expensive house in Akron, MI, topping out at $551,395.00 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.

Akron, MI 48701 Short Sale Listings


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