Baraga, MI Foreclosures
How much do homes sell for in Baraga, MI?
The average home price is currently $165,229.
In Baraga, MI, how many homes are available?
There are currently 1 active home listings available in Baraga.
What’s the average rental cost in Baraga, MI?
The average rental price in Baraga is $1,240.
What is the most expensive home in Baraga?
The most expensive home sold in Baraga had a price of $590,126.
What is currently the cheapest priced home in Baraga, MI?
The cheapest home for sale in Baraga is priced at $28,556.
Living in Baraga, MI
Baraga, Michigan, is a peaceful town located on the shores of Lake Superior, offering a perfect blend of outdoor adventure and small-town charm. With its beautiful natural landscape, including nearby parks and recreational areas, residents enjoy a variety of activities year-round. The community's tight-knit feel and access to essential amenities make Baraga a wonderful place to call home.
Current Market Conditions in Baraga, MI
The Baraga real estate market has remained stable, with a mix of affordable homes and vacation properties attracting buyers interested in the serene landscape. The town’s low population density and municipal initiatives have kept housing demand manageable, leading to fair pricing in comparison to larger cities. As a popular escape for outdoor enthusiasts, Baraga is seeing an increase in interest from seasonal home buyers looking for recreational retreats near the water and wilderness.
In recent months, more potential buyers have expressed interest in Baraga due to the rise in remote work opportunities, allowing people to relocate to more peaceful areas while still maintaining their jobs. The real estate market is moderately competitive with available homes often receiving multiple inquiries from interested buyers.
Home Value Estimator For Baraga, MI
There are currently 678 real estate properties
in Baraga, MI,
with a median automated valuation model (AVM) price
of $150,907.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Baraga, 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 Baraga, MI,
is $165,229.00, with the most expensive house
in Baraga, MI, topping out
at $590,126.00 and the cheapest home
in Baraga, MI,
clocking in at $28,556.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Baraga, MI!
Rent Prices
In Baraga, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Baraga, MI, is on
a rollercoaster ride. The
average rent price in Baraga, MI,
is $1,240.00. Indeed, when looking to rent in
Baraga, MI, you can expect to pay as little
as $740.00 or as much
as $2,140.00,
with the average rent median estimated to
be $1,230.00. The good news is that finding
an affordable and desirable property to rent in Baraga, 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
