Living in Amasa, MI
Amasa, MI, is a charming small town that invites you to experience the tranquility of rural living. Nestled in Iron County, it boasts a friendly community, abundant outdoor activities, and proximity to stunning natural landscapes. Ideal for those seeking a peaceful retreat without straying far from modern conveniences.
Current Market Conditions in Amasa, MI
The Amasa real estate market has made gradual recovery in recent months, characterized by growing demand from families and retirees seeking a quieter lifestyle. Housing prices have been rising as more buyers recognize the value of the area's natural beauty and community spirit. Interest in properties suitable for vacation rentals is also seeing a spike, indicating a potential opportunity for investors.
Overall, the current market presents favorable conditions for sellers, while buyers are prompted to act quickly to secure available properties at competitive prices. Transactions have steadily increased in number, showcasing robust buyer interest and an optimistic outlook for the upcoming season.
Home Value Estimator For Amasa, MI
There are currently 17 real estate properties
in Amasa, MI,
with a median automated valuation model (AVM) price
of $109,005.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Amasa, 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 Amasa, MI,
is $134,507.00, with the most expensive house
in Amasa, MI, topping out
at $316,146.00 and the cheapest home
in Amasa, MI,
clocking in at $57,246.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Amasa, MI!
Rent Prices
In Amasa, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Amasa, MI, is on
a rollercoaster ride. The
average rent price in Amasa, MI,
is $1,256.00. Indeed, when looking to rent in
Amasa, MI, you can expect to pay as little
as $800.00 or as much
as $1,400.00,
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 Amasa, 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.