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Short Sale Listings in Boyne City, MI

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Boyne City, MI Foreclosures

How much do homes sell for in Boyne City, MI?
The average home price is currently $623,509.
In Boyne City, MI, how many homes are available?
There are currently 3 active home listings available in Boyne City.
What’s the average rental cost in Boyne City, MI?
The average rental price in Boyne City is $1,625.
What is the most expensive home in Boyne City?
The most expensive home sold in Boyne City had a price of $12,304,015.
What is currently the cheapest priced home in Boyne City, MI?
The cheapest home for sale in Boyne City is priced at $30,090.

Living in Boyne City, MI

Boyne City, MI is a quaint town known for its scenic beauty and friendly community atmosphere. Located on the shores of Lake Charlevoix, it offers a mix of recreational opportunities and local amenities, making it ideal for families and outdoor enthusiasts alike. The town features a charming downtown area filled with shops and eateries, alongside excellent schools and community events.

Current Market Conditions in Boyne City, MI

The real estate market in Boyne City has seen consistent growth over the past year, with a notable increase in demand for lakeside properties. Buyers are attracted to its picturesque landscape and a variety of outdoor activities, resulting in a competitive market that favors sellers. Inventory remains relatively low, which has led to rising prices, particularly for waterfront homes.

The trend of increased remote working has played a role in bolstering the housing demand in Boyne City, as potential buyers seek a more relaxed lifestyle away from the hustle of larger urban centers. This influx of new residents, combined with the appeal of resort-like living, is driving more investment into properties in the region.

Home Value Estimator For Boyne City, MI

There are currently 4,631 real estate properties in Boyne City, MI, with a median automated valuation model (AVM) price of $373,861.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Boyne City, 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 Boyne City, MI, is $623,509.00, with the most expensive house in Boyne City, MI, topping out at $12,304,015.00 and the cheapest home in Boyne City, MI, clocking in at $30,090.00. In other words, there’s something for every potential homebuyer or savvy investor in Boyne City, MI!

Rent Prices In Boyne City, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Boyne City, MI, is on a rollercoaster ride. The average rent price in Boyne City, MI, is $1,625.00. Indeed, when looking to rent in Boyne City, MI, you can expect to pay as little as $910.00 or as much as $3,020.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Boyne City, 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.

Boyne City, MI Short Sale Listings

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