Allen, MI Foreclosures
How much do homes sell for in Allen, MI?
The average home price is currently $289,677.
In Allen, MI, how many homes are available?
There are currently 2 active home listings available in Allen.
What’s the average rental cost in Allen, MI?
The average rental price in Allen is $1,350.
What is the most expensive home in Allen?
The most expensive home sold in Allen had a price of $2,376,807.
What is currently the cheapest priced home in Allen, MI?
The cheapest home for sale in Allen is priced at $16,542.
Living in Allen, MI
Allen, MI is a charming village that embodies the beauty of rural living in southern Michigan. Known for its friendly atmosphere and community spirit, it offers residents a peaceful lifestyle with access to outdoor activities and local amenities. Its picturesque surroundings and accessibility to surrounding towns make it an appealing location for homebuyers.
Current Market Conditions in Allen, MI
The real estate market in Allen, MI, is currently seeing a steady increase in demand for homes. Due to its picturesque setting and tight-knit community, many buyers are attracted to this quaint village. Homes are often priced affordably compared to the state average, making it an appealing option for first-time buyers and investors looking for rental properties. While inventory levels have been somewhat limited, homes that are listed tend to sell relatively quickly, resulting in a competitive market.
Over the past month, median home prices have experienced a modest increase, reflecting a growing interest in the area. Buyers are seeking properties that offer not just affordability but also the perks of rural living. As the school district and local amenities continue to receive positive recognition, more buyers are considering Allen as a prime destination for homeownership.
Home Value Estimator For Allen, MI
There are currently 563 real estate properties
in Allen, MI,
with a median automated valuation model (AVM) price
of $230,082.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Allen, 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 Allen, MI,
is $289,677.00, with the most expensive house
in Allen, MI, topping out
at $2,376,807.00 and the cheapest home
in Allen, MI,
clocking in at $16,542.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Allen, MI!
Rent Prices
In Allen, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Allen, MI, is on
a rollercoaster ride. The
average rent price in Allen, MI,
is $1,350.00. Indeed, when looking to rent in
Allen, MI, you can expect to pay as little
as $830.00 or as much
as $2,020.00,
with the average rent median estimated to
be $1,310.00. The good news is that finding
an affordable and desirable property to rent in Allen, 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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