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Foreclosure Homes in Bark River, MI

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Bark River, MI Foreclosures

How much do homes sell for in Bark River, MI?
The average home price is currently $209,561.
In Bark River, MI, how many homes are available?
There are currently 1 active home listings available in Bark River.
What’s the average rental cost in Bark River, MI?
The average rental price in Bark River is $1,367.
What is the most expensive home in Bark River?
The most expensive home sold in Bark River had a price of $1,054,194.
What is currently the cheapest priced home in Bark River, MI?
The cheapest home for sale in Bark River is priced at $44,987.

Living in Bark River, MI

Bark River, situated in the picturesque Upper Peninsula of Michigan, is a charming small town with a close-knit community atmosphere. Surrounded by stunning natural landscapes, it offers ample outdoor activities, making it ideal for those who love nature and a quiet lifestyle. The area is known for its rivers, forests, and recreational opportunities, including fishing, hiking, and snowmobiling during winter.

Current Market Conditions in Bark River, MI

The real estate market in Bark River has shown a steady increase over the past few years, with an uptick in demand for homes, particularly among those seeking second homes or retirement options. The availability of larger lots and scenic locations has attracted buyers looking to invest in vacation properties or permanent residences.

As of the current market analysis, home prices have steadily appreciated, supported by limited inventory and a growing interest in rural living. The community's tranquil lifestyle and outdoor activities appeal to buyers from more urban areas looking to escape the hustle and bustle.

Home Value Estimator For Bark River, MI

There are currently 1,228 real estate properties in Bark River, MI, with a median automated valuation model (AVM) price of $189,160.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bark River, 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 Bark River, MI, is $209,561.00, with the most expensive house in Bark River, MI, topping out at $1,054,194.00 and the cheapest home in Bark River, MI, clocking in at $44,987.00. In other words, there’s something for every potential homebuyer or savvy investor in Bark River, MI!

Rent Prices In Bark River, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bark River, MI, is on a rollercoaster ride. The average rent price in Bark River, MI, is $1,367.00. Indeed, when looking to rent in Bark River, MI, you can expect to pay as little as $800.00 or as much as $2,240.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Bark River, 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.

Bark River, MI Foreclosures


Market Trend for Bark River, MI

Total Listings Available: 1

Market Values:

Home Prices from $44,987 to $1,054,194

Average Sales Price: $209,561

Rental Values:

Rental from $800 to $2,240

Average Rent Value: $1,367 / month

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