Alba, MI Foreclosures
How much do homes sell for in Alba, MI?
The average home price is currently $144,186.
In Alba, MI, how many homes are available?
There are currently 21 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 $519,452.
What is currently the cheapest priced home in Alba, MI?
The cheapest home for sale in Alba is priced at $47,853.
Living in Alba, MI
Alba, MI, is a quaint village known for its serene lifestyle and stunning natural surroundings. With a close-knit community and numerous outdoor activities at your doorstep, it's an ideal place for those seeking peace while enjoying the great outdoors. Local amenities are just a short drive away, making it a perfect blend of rural charm and accessibility.
Current Market Conditions in Alba, MI
The real estate market in Alba is currently characterized by a steady increase in demand for properties, particularly as people seek retreats away from urban areas. As more individuals discover the tranquility and beauty of Alba, property values are beginning to rise, making it an attractive investment opportunity.
In recent months, there has been a noticeable trend of increased interest in vacation homes and cabins in the Alba area, particularly during the summer season. This has led to a competitive market with limited inventory, pushing prices slightly higher as buyers look to secure their own piece of Michigan's natural beauty.
Home Value Estimator For Alba, MI
There are currently 59 real estate properties
in Alba, MI,
with a median automated valuation model (AVM) price
of $139,028.00. 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 $144,186.00, with the most expensive house
in Alba, MI, topping out
at $519,452.00 and the cheapest home
in Alba, MI,
clocking in at $47,853.00. 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.