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Foreclosures in Baraga, MI

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Baraga, MI Foreclosures

How much do homes sell for in Baraga, MI?
The average home price is currently $164,294.
In Baraga, MI, how many homes are available?
There are currently 3 active home listings available in Baraga.
What’s the average rental cost in Baraga, MI?
The average rental price in Baraga is $1,239.
What is the most expensive home in Baraga?
The most expensive home sold in Baraga had a price of $1,393,293.
What is currently the cheapest priced home in Baraga, MI?
The cheapest home for sale in Baraga is priced at $13,137.

Living in Baraga, MI

Baraga, MI is a small, charming village situated on the shores of Lake Superior. Known for its friendly community and outdoor recreational activities, Baraga offers a peaceful lifestyle with access to lots of natural beauty. Residents enjoy fishing, hiking, and winter sports throughout the seasons.

Current Market Conditions in Baraga, MI

Currently, the real estate market in Baraga is characterized by stable prices and a moderate level of activity. Properties often attract buyers looking for vacation homes or year-round residences that embrace the beauty of the Upper Peninsula. The demand for affordable housing options has kept the market competitive yet accessible, with many homes selling relatively quickly.

Over the last few months, there has been a slight uptick in interest for properties in Baraga, driven by potential buyers looking for recreational opportunities and a serene lifestyle. Homes that are well-maintained and located close to the waterfront tend to see the most interest.

Home Value Estimator For Baraga, MI

There are currently 861 real estate properties in Baraga, MI, with a median automated valuation model (AVM) price of $147,896.00. 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 $164,294.00, with the most expensive house in Baraga, MI, topping out at $1,393,293.00 and the cheapest home in Baraga, MI, clocking in at $13,137.00. 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 $1,239.00. 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.

Baraga, MI Foreclosures


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