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Preforeclosure Homes in Auburn Hills, MI 48326

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Living in Auburn Hills, MI

Auburn Hills, Michigan, is a thriving community offering a perfect blend of suburban charm and urban excitement. Known for its excellent schools, parks, and recreational facilities, it provides a favorable environment for families and professionals alike. With convenient access to major highways and an array of local amenities, Auburn Hills is a great place to live, work, and play.

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.

Home Value Estimator For Auburn Hills, MI

There are currently 5,304 real estate properties in Auburn Hills, MI, with a median automated valuation model (AVM) price of $271,949.00. 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 $313,972.00, with the most expensive house in Auburn Hills, MI, topping out at $22,217,970.00 and the cheapest home in Auburn Hills, MI, clocking in at $16,482.00. 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.

Auburn Hills, MI 48326 Preforeclosure Homes


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