Auburn Hills, MI Foreclosures
Current Market Conditions in in Auburn Hills, MI As of February 2026?
Over the past month, the real estate market in Auburn Hills has shown signs of stabilization. Although interest rates have risen, the demand for homes remains high, with many properties receiving multiple offers. Inventory levels continue to be low, which is driving prices upwards. Sellers are still benefiting from the competitive landscape, but buyers are becoming more discerning given the interest rate changes. Many homes priced correctly are selling rapidly, indicating that buyers are still actively seeking opportunities in the area despite economic shifts.
How much do homes sell for in Auburn Hills, MI?
The average home price is currently $413,745.
In Auburn Hills, MI, how many homes are available?
There are currently 43 active home listings available in Auburn Hills.
What’s the average rental cost in Auburn Hills, MI?
The average rental price in Auburn Hills is $1,508.
What is the most expensive home in Auburn Hills?
The most expensive home sold in Auburn Hills had a price of $215,866,952.
What is currently the cheapest priced home in Auburn Hills, MI?
The cheapest home for sale in Auburn Hills is priced at $16,375.
Living in Auburn Hills, MI
Auburn Hills, MI, is an inviting city that combines suburban living with access to urban amenities. The city features a variety of shopping and dining options, excellent schools, and ample outdoor activities. Its convenient location makes commuting easy while providing a friendly community atmosphere.
Buyer vs Seller Market in Auburn Hills, MI
The real estate market in Auburn Hills has seen a steady increase in property values over the past year, primarily due to high demand and low inventory. This trend is drawing more buyers to the area, as they seek quality homes that offer a good return on investment. The city’s economic growth, driven by both local businesses and the automotive industry, has also contributed to this growth in the housing sector.
In recent months, the market has experienced slight fluctuations, with an uptick in interest rates making some buyers cautious. However, the overall demand remains strong, and many homes are still selling quickly, often above asking price, indicating a robust housing market.
Home Value Estimator For Auburn Hills, MI
There are currently 5,841 real estate properties
in Auburn Hills, MI,
with a median automated valuation model (AVM) price
of $279,824.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Auburn Hills, 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 Auburn Hills, MI,
is $413,745.00, with the most expensive house
in Auburn Hills, MI, topping out
at $215,866,952.00 and the cheapest home
in Auburn Hills, MI,
clocking in at $16,375.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Auburn Hills, MI!
Rent Prices
In Auburn Hills, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Auburn Hills, MI, is on
a rollercoaster ride. The
average rent price in Auburn Hills, MI,
is $1,508.00. Indeed, when looking to rent in
Auburn Hills, MI, you can expect to pay as little
as $660.00 or as much
as $3,060.00,
with the average rent median estimated to
be $1,450.00. The good news is that finding
an affordable and desirable property to rent in Auburn Hills, 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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