Foreclosure Homes in Auburn Hills, MI 48326

Current Market Conditions in Auburn Hills, MI

The real estate market in Auburn Hills remains competitive, with a steady demand for housing due to its desirable location and amenities. The average home price has shown a gradual increase, reflecting a growing interest in the area among buyers. New developments and renovations are also on the rise, contributing to a vibrant housing landscape.

As of late 2023, Auburn Hills has seen an influx of new families and young professionals, which has kept the real estate market active. Homes in good condition are selling quickly, often above asking price. This demand is fueled by the area's strong job market and excellent educational institutions.

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.