Auburn, MI Foreclosures
How much do homes sell for in Auburn, MI?
The average home price is currently $241,785.
In Auburn, MI, how many homes are available?
There are currently 1 active home listings available in Auburn.
What’s the average rental cost in Auburn, MI?
The average rental price in Auburn is $1,480.
What is the most expensive home in Auburn?
The most expensive home sold in Auburn had a price of $887,665.
What is currently the cheapest priced home in Auburn, MI?
The cheapest home for sale in Auburn is priced at $11,667.
Living in Auburn, MI
Auburn, MI, is a quaint city offering a blend of community charm and outdoor recreation. With its friendly atmosphere, good schools, and access to the Saginaw River, it’s an ideal place for families and individuals alike. Auburn provides a peaceful living environment with essential amenities available nearby.
Current Market Conditions in Auburn, MI
The real estate market in Auburn has shown steady growth over the past few years, attracting both first-time homebuyers and investors. The demand for homes has increased due to the area's affordability compared to nearby urban centers, and newer construction is becoming more frequent as developers recognize the potential of this market.
Currently, homes are selling relatively quickly in Auburn, often within a few weeks of listing. The average home price has risen slightly, but it remains accessible for many buyers, making it a favorable market for investment opportunities.
Home Value Estimator For Auburn, MI
There are currently 2,145 real estate properties
in Auburn, MI,
with a median automated valuation model (AVM) price
of $224,049.00. 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, 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, MI,
is $241,785.00, with the most expensive house
in Auburn, MI, topping out
at $887,665.00 and the cheapest home
in Auburn, MI,
clocking in at $11,667.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Auburn, MI!
Rent Prices
In Auburn, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Auburn, MI, is on
a rollercoaster ride. The
average rent price in Auburn, MI,
is $1,480.00. Indeed, when looking to rent in
Auburn, MI, you can expect to pay as little
as $910.00 or as much
as $2,440.00,
with the average rent median estimated to
be $1,480.00. The good news is that finding
an affordable and desirable property to rent in Auburn, 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
