Bangor, MI Foreclosures
How much do homes sell for in Bangor, MI?
The average home price is currently $205,642.
In Bangor, MI, how many homes are available?
There are currently 8 active home listings available in Bangor.
What’s the average rental cost in Bangor, MI?
The average rental price in Bangor is $1,006.
What is the most expensive home in Bangor?
The most expensive home sold in Bangor had a price of $3,684,900.
What is currently the cheapest priced home in Bangor, MI?
The cheapest home for sale in Bangor is priced at $10,005.
Living in Bangor, MI
Bangor, MI is a charming small town that embodies a tight-knit community and beautiful countryside. With a rich array of outdoor activities and essential amenities, it is an inviting place to call home. Residents enjoy a peaceful lifestyle surrounded by nature and are only a short drive from larger urban areas.
Current Market Conditions in Bangor, MI
Currently, the real estate market in Bangor, MI is showing steady growth with an increase in home buying activity. The demand for single-family homes has been strong, driven by buyers seeking affordable housing in a rural setting. With homes priced moderately lower than urban areas, many are attracted to Bangor for its value proposition and community-focused living. Limited inventory has pushed some prices higher, but overall, Bangor remains accessible for first-time homebuyers and families.
Over the past few months, there has been an uptick in interest in recreational properties as more people embrace remote work options and look for summer homes. This trend is expected to continue, further adding to population growth and potential real estate investment opportunities in the coming years.
Home Value Estimator For Bangor, MI
There are currently 2,043 real estate properties
in Bangor, MI,
with a median automated valuation model (AVM) price
of $184,604.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bangor, 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 Bangor, MI,
is $205,642.00, with the most expensive house
in Bangor, MI, topping out
at $3,684,900.00 and the cheapest home
in Bangor, MI,
clocking in at $10,005.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bangor, MI!
Rent Prices
In Bangor, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bangor, MI, is on
a rollercoaster ride. The
average rent price in Bangor, MI,
is $1,006.00. Indeed, when looking to rent in
Bangor, MI, you can expect to pay as little
as $450.00 or as much
as $2,460.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Bangor, 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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