Bessemer, MI Foreclosures
How much do homes sell for in Bessemer, MI?
The average home price is currently $132,772.
In Bessemer, MI, how many homes are available?
There are currently 13 active home listings available in Bessemer.
What’s the average rental cost in Bessemer, MI?
The average rental price in Bessemer is $1,279.
What is the most expensive home in Bessemer?
The most expensive home sold in Bessemer had a price of $1,174,594.
What is currently the cheapest priced home in Bessemer, MI?
The cheapest home for sale in Bessemer is priced at $12,550.
Living in Bessemer, MI
Bessemer, MI, is a picturesque small town that offers a peaceful lifestyle surrounded by nature’s beauty. This charming community is known for its outdoor recreational activities and friendly atmosphere, making it an ideal place for families and individuals alike. The town features quality schools, a rich history, and an array of local amenities to enhance the living experience.
Current Market Conditions in Bessemer, MI
The real estate market in Bessemer remains steady, with homes showcasing a range of prices to accommodate various budgets. The demand for homes, particularly those near outdoor recreational spots, has shown positive growth due to the area's natural appeal and increased interest in remote living experiences. This has led to a mix of buyers, from families to retirees seeking a serene lifestyle away from larger urban areas.
As of recent trends, there is a noticeable interest in properties that offer direct access to recreational opportunities such as skiing, fishing, and hiking. This influx of interest has contributed to stable property values and a limited inventory of homes available, which indicates a healthy market for both buyers and sellers.
Home Value Estimator For Bessemer, MI
There are currently 817 real estate properties
in Bessemer, MI,
with a median automated valuation model (AVM) price
of $104,125.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bessemer, 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 Bessemer, MI,
is $132,772.00, with the most expensive house
in Bessemer, MI, topping out
at $1,174,594.00 and the cheapest home
in Bessemer, MI,
clocking in at $12,550.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bessemer, MI!
Rent Prices
In Bessemer, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bessemer, MI, is on
a rollercoaster ride. The
average rent price in Bessemer, MI,
is $1,279.00. Indeed, when looking to rent in
Bessemer, MI, you can expect to pay as little
as $730.00 or as much
as $2,180.00,
with the average rent median estimated to
be $1,260.00. The good news is that finding
an affordable and desirable property to rent in Bessemer, 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
