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Condo Foreclosures in Buchanan, MI 49107

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Buchanan, MI Foreclosures

How much do homes sell for in Buchanan, MI?
The average home price is currently $283,163.
What’s the average rental cost in Buchanan, MI?
The average rental price in Buchanan is $1,395.
What is the most expensive home in Buchanan?
The most expensive home sold in Buchanan had a price of $3,104,700.
What is currently the cheapest priced home in Buchanan, MI?
The cheapest home for sale in Buchanan is priced at $10,788.

Living in Buchanan, MI

Buchanan is a charming small town located in southwest Michigan, known for its picturesque landscapes and friendly community. The town offers a relaxed lifestyle with a variety of outdoor activities and an inviting historic downtown area. Residents enjoy access to local shops, restaurants, and a sense of community pride, making it a great place for families and individuals alike.

Current Market Conditions in Buchanan, MI

The real estate market in Buchanan has seen a rise in demand recently, with a noticeable increase in homebuyers looking for affordable housing options in a serene setting. The average home prices have become more competitive, which is appealing for first-time buyers as well as those looking to downsize.

There is a trend of younger families moving to Buchanan, drawn by the low crime rate, good schools, and spacious properties. This demographic shift has led to a variety of home renovations and new construction projects to meet the needs of the growing population.

Home Value Estimator For Buchanan, MI

There are currently 3,768 real estate properties in Buchanan, MI, with a median automated valuation model (AVM) price of $223,765.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Buchanan, 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 Buchanan, MI, is $283,163.00, with the most expensive house in Buchanan, MI, topping out at $3,104,700.00 and the cheapest home in Buchanan, MI, clocking in at $10,788.00. In other words, there’s something for every potential homebuyer or savvy investor in Buchanan, MI!

Rent Prices In Buchanan, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Buchanan, MI, is on a rollercoaster ride. The average rent price in Buchanan, MI, is $1,395.00. Indeed, when looking to rent in Buchanan, MI, you can expect to pay as little as $760.00 or as much as $2,540.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Buchanan, 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.

Buchanan, MI 49107 Condos


Market Trend for Buchanan, MI

Total Listings Available: 0

Market Values:

Home Prices from $10,788 to $3,104,700

Average Sales Price: $283,163

Rental Values:

Rental from $760 to $2,540

Average Rent Value: $1,395 / month

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