Bay Port, MI Foreclosures
How much do homes sell for in Bay Port, MI?
The average home price is currently $138,810.
In Bay Port, MI, how many homes are available?
There are currently 1 active home listings available in Bay Port.
What’s the average rental cost in Bay Port, MI?
The average rental price in Bay Port is $1,343.
What is the most expensive home in Bay Port?
The most expensive home sold in Bay Port had a price of $606,238.
What is currently the cheapest priced home in Bay Port, MI?
The cheapest home for sale in Bay Port is priced at $18,240.
Living in Bay Port, MI
Bay Port, MI is a picturesque small town situated by Lake Huron, offering a peaceful lifestyle with a strong sense of community. Known for its outdoor activities and friendly atmosphere, it is a great place for families and retirees alike. Residents enjoy access to beautiful parks, local events, and essential amenities, providing a perfect blend of relaxation and convenience.
Current Market Conditions in Bay Port, MI
The real estate market in Bay Port, MI has remained stable, with a slight increase in demand for properties due to the area's natural beauty and recreational opportunities. Home prices have seen a modest rise, making it a desirable place for both buyers looking for a vacation home and those seeking a permanent residence. The town's quaint charm and sense of community amplify its appeal, particularly among retirees and families seeking an escape from urban life.
In the past few months, the real estate market has indicated a strong interest, particularly in waterfront properties. Listings are attracting potential buyers looking for homes that offer access to Lake Huron, as recreational boating and fishing are popular in the area. As more people seek properties in tranquil locations away from bustling cities, Bay Port's market conditions reflect this growing trend.
Home Value Estimator For Bay Port, MI
There are currently 524 real estate properties
in Bay Port, MI,
with a median automated valuation model (AVM) price
of $120,360.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bay Port, 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 Bay Port, MI,
is $138,810.00, with the most expensive house
in Bay Port, MI, topping out
at $606,238.00 and the cheapest home
in Bay Port, MI,
clocking in at $18,240.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bay Port, MI!
Rent Prices
In Bay Port, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bay Port, MI, is on
a rollercoaster ride. The
average rent price in Bay Port, MI,
is $1,343.00. Indeed, when looking to rent in
Bay Port, MI, you can expect to pay as little
as $950.00 or as much
as $1,870.00,
with the average rent median estimated to
be $1,330.00. The good news is that finding
an affordable and desirable property to rent in Bay Port, 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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