Alger, MI Foreclosures
How much do homes sell for in Alger, MI?
The average home price is currently $173,530.
In Alger, MI, how many homes are available?
There are currently 10 active home listings available in Alger.
What’s the average rental cost in Alger, MI?
The average rental price in Alger is $1,236.
What is the most expensive home in Alger?
The most expensive home sold in Alger had a price of $4,017,000.
What is currently the cheapest priced home in Alger, MI?
The cheapest home for sale in Alger is priced at $12,860.
Living in Alger, MI
Alger, located in the beautiful state of Michigan, is a small and peaceful community known for its scenic landscapes and outdoor activities. Residents enjoy a friendly atmosphere with a strong sense of community. The area is rich in natural beauty, making it perfect for those who love nature and quiet country living.
Current Market Conditions in Alger, MI
The current real estate market in Alger, MI, shows a balanced demand, with many buyers being drawn to the tranquility and natural beauty of the area. Home prices have seen a moderate increase as more people seek to escape urban living, making it an appealing location for new homeowners. Inventory levels are stable, and homes remain on the market for a reasonable period, reflecting the community's popularity.
Recent trends indicate a growing interest in properties that offer outdoor spaces, which aligns with the lifestyle preferences of potential buyers. With a combination of affordable and more luxurious homes, buyers have a good range of choices from which to select.
Home Value Estimator For Alger, MI
There are currently 2,700 real estate properties
in Alger, MI,
with a median automated valuation model (AVM) price
of $151,134.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Alger, 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 Alger, MI,
is $173,530.00, with the most expensive house
in Alger, MI, topping out
at $4,017,000.00 and the cheapest home
in Alger, MI,
clocking in at $12,860.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Alger, MI!
Rent Prices
In Alger, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Alger, MI, is on
a rollercoaster ride. The
average rent price in Alger, MI,
is $1,236.00. Indeed, when looking to rent in
Alger, MI, you can expect to pay as little
as $500.00 or as much
as $1,840.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Alger, 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.
Learn more on Foreclosure homes
