Alpha, MI Foreclosures
How much do homes sell for in Alpha, MI?
The average home price is currently $91,568.
In Alpha, MI, how many homes are available?
There are currently 1 active home listings available in Alpha.
What’s the average rental cost in Alpha, MI?
The average rental price in Alpha is $1,292.
What is the most expensive home in Alpha?
The most expensive home sold in Alpha had a price of $245,161.
What is currently the cheapest priced home in Alpha, MI?
The cheapest home for sale in Alpha is priced at $49,170.
Living in Alpha, MI
Alpha, MI is a quaint village nestled in the Upper Peninsula, characterized by its close-knit community and beautiful natural surroundings. Residents enjoy a peaceful lifestyle with easy access to outdoor activities like hiking and fishing. The local amenities provide a perfect blend of necessary services and recreational opportunities.
Current Market Conditions in Alpha, MI
The real estate market in Alpha, MI has been stable over the past few months, attracting buyers looking for affordable homes in a peaceful setting. Interestingly, the price of homes has seen a slight increase, influenced by the area's growing appeal for remote workers and retirees seeking a relaxing lifestyle in nature.
As of late 2023, the demand for homes in Alpha is beginning to rise, driven by an increase in out-of-state buyers looking for second homes or investment opportunities. This trend indicates that despite being a small village, Alpha is becoming increasingly attractive, particularly for those wanting to escape larger urban areas.
Home Value Estimator For Alpha, MI
There are currently 21 real estate properties
in Alpha, MI,
with a median automated valuation model (AVM) price
of $64,560.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Alpha, 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 Alpha, MI,
is $91,568.00, with the most expensive house
in Alpha, MI, topping out
at $245,161.00 and the cheapest home
in Alpha, MI,
clocking in at $49,170.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Alpha, MI!
Rent Prices
In Alpha, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Alpha, MI, is on
a rollercoaster ride. The
average rent price in Alpha, MI,
is $1,292.00. Indeed, when looking to rent in
Alpha, MI, you can expect to pay as little
as $1,020.00 or as much
as $1,570.00,
with the average rent median estimated to
be $1,370.00. The good news is that finding
an affordable and desirable property to rent in Alpha, 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
