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Rent To Own Homes in Benton Harbor, MI

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Benton Harbor, MI Foreclosures

How much do homes sell for in Benton Harbor, MI?
The average home price is currently $209,620.
In Benton Harbor, MI, how many homes are available?
There are currently 21 active home listings available in Benton Harbor.
What’s the average rental cost in Benton Harbor, MI?
The average rental price in Benton Harbor is $1,267.
What is the most expensive home in Benton Harbor?
The most expensive home sold in Benton Harbor had a price of $7,713,200.
What is currently the cheapest priced home in Benton Harbor, MI?
The cheapest home for sale in Benton Harbor is priced at $10,057.

Living in Benton Harbor, MI

Benton Harbor, MI, is a waterfront city offering a rich cultural scene and a range of amenities for residents. With beautiful parks, restaurants, and shopping options, it provides a balanced lifestyle. The area also boasts strong educational institutions and a growing job market.

Current Market Conditions in Benton Harbor, MI

The real estate market in Benton Harbor is currently experiencing a resurgence, with an increase in property sales and a growing interest from homebuyers. The prices have remained relatively stable, but there is a notable upward trend, especially in properties near the waterfront. Investors are taking note of the city's potential for growth, which is further driven by the ongoing developments in local infrastructure and amenities.

Recent data shows that Benton Harbor's housing market has seen a slight increase in home values by about 5% over the past year, an encouraging sign for current homeowners and prospective buyers. The average days on the market have also decreased, indicating a more competitive environment, particularly for desirable homes.

Home Value Estimator For Benton Harbor, MI

There are currently 10,748 real estate properties in Benton Harbor, MI, with a median automated valuation model (AVM) price of $157,826.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Benton Harbor, 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 Benton Harbor, MI, is $209,620.00, with the most expensive house in Benton Harbor, MI, topping out at $7,713,200.00 and the cheapest home in Benton Harbor, MI, clocking in at $10,057.00. In other words, there’s something for every potential homebuyer or savvy investor in Benton Harbor, MI!

Rent Prices In Benton Harbor, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Benton Harbor, MI, is on a rollercoaster ride. The average rent price in Benton Harbor, MI, is $1,267.00. Indeed, when looking to rent in Benton Harbor, MI, you can expect to pay as little as $520.00 or as much as $2,560.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Benton Harbor, 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.

Benton Harbor, MI Rent To Own Homes

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