Allenton, MI Foreclosures
Current Market Conditions in in Allenton, MI As of February 2026?
Over the past month, Allenton's real estate market has shown signs of a vibrant uptick, with the number of homes sold increasing by approximately 15%. Notably, buyers are attracted to the affordable pricing, which is competitive compared to neighboring towns. As inventory levels rise, it's important for prospective buyers to act quickly, as desirable properties are still being sold above asking price in some cases. Overall, the month has been encouraging, indicating a healthy and active market as we move into the new season.
How much do homes sell for in Allenton, MI?
The average home price is currently $338,223.
In Allenton, MI, how many homes are available?
There are currently 2 active home listings available in Allenton.
What’s the average rental cost in Allenton, MI?
The average rental price in Allenton is $1,314.
What is the most expensive home in Allenton?
The most expensive home sold in Allenton had a price of $2,924,668.
What is currently the cheapest priced home in Allenton, MI?
The cheapest home for sale in Allenton is priced at $40,568.
Living in Allenton, MI
Allenton, MI is a peaceful rural community known for its friendly atmosphere and outdoor recreational opportunities. This charming locale offers a perfect blend of seclusion and accessibility to larger cities, making it an ideal place for families and outdoor enthusiasts. Enjoy the serene surroundings while having essential amenities right at your fingertips.
Buyer vs Seller Market in Allenton, MI
The current real estate market in Allenton is experiencing a steady increase in property values, driven by a growing interest in rural living. As buyers seek out more affordable options away from urban centers, Allenton's homes have seen a rise in demand, reflecting a positive trend for sellers in the area.
In recent weeks, the Allenton market has seen an uptick in listings, suggesting that homeowners are capitalizing on the favorable market conditions by selling their properties. This surge in inventory may also provide potential buyers with more choices, although competition remains strong due to the area's appeal.
Home Value Estimator For Allenton, MI
There are currently 746 real estate properties
in Allenton, MI,
with a median automated valuation model (AVM) price
of $341,187.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Allenton, 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 Allenton, MI,
is $338,223.00, with the most expensive house
in Allenton, MI, topping out
at $2,924,668.00 and the cheapest home
in Allenton, MI,
clocking in at $40,568.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Allenton, MI!
Rent Prices
In Allenton, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Allenton, MI, is on
a rollercoaster ride. The
average rent price in Allenton, MI,
is $1,314.00. Indeed, when looking to rent in
Allenton, MI, you can expect to pay as little
as $790.00 or as much
as $2,230.00,
with the average rent median estimated to
be $1,300.00. The good news is that finding
an affordable and desirable property to rent in Allenton, 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.