Alba, MI Foreclosures
How much do homes sell for in Alba, MI?
The average home price is currently $137,481.
In Alba, MI, how many homes are available?
There are currently 16 active home listings available in Alba.
What’s the average rental cost in Alba, MI?
The average rental price in Alba is $1,299.
What is the most expensive home in Alba?
The most expensive home sold in Alba had a price of $536,262.
What is currently the cheapest priced home in Alba, MI?
The cheapest home for sale in Alba is priced at $47,436.
Living in Alba, MI
Alba, Michigan, is a picturesque village nestled in the heart of scenic Antrim County. Known for its serene rural ambiance and proximity to natural attractions like Torch Lake, it offers residents a peaceful lifestyle with ample outdoor activities. The small community is welcoming, making it a great place for families and outdoor lovers alike.
Current Market Conditions in Alba, MI
The real estate market in Alba has shown steady growth, driven by its attractive rural lifestyle and natural beauty. New and potential homeowners are drawn to the area's affordability and community spirit, resulting in a consistent demand for properties. As a result, home values are on a slow and stable upward trend as more people evaluate this charming village as a living option.
With demand steadily increasing and inventory remaining relatively low, Alba's market is gaining attention. The area's mix of rustic charm and access to outdoor activities contributes to its real estate appeal, particularly among those looking for a vacation home or a retreat from city life.
Home Value Estimator For Alba, MI
There are currently 84 real estate properties
in Alba, MI,
with a median automated valuation model (AVM) price
of $127,973.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Alba, 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 Alba, MI,
is $137,481.00, with the most expensive house
in Alba, MI, topping out
at $536,262.00 and the cheapest home
in Alba, MI,
clocking in at $47,436.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Alba, MI!
Rent Prices
In Alba, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Alba, MI, is on
a rollercoaster ride. The
average rent price in Alba, MI,
is $1,299.00. Indeed, when looking to rent in
Alba, MI, you can expect to pay as little
as $910.00 or as much
as $1,940.00,
with the average rent median estimated to
be $1,290.00. The good news is that finding
an affordable and desirable property to rent in Alba, 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.