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Buchanan, MI Foreclosures

How much do homes sell for in Buchanan, MI?
The average home price is currently $307,435.
In Buchanan, MI, how many homes are available?
There are currently 2 active home listings available in Buchanan.
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 $11,023,395.
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 southwestern Michigan, offering a blend of historical charm and modern amenities. With its picturesque downtown and vibrant community, residents enjoy a friendly atmosphere complemented by scenic parks and outdoor recreational opportunities. The town serves as a gateway to numerous lakes and nature trails, ideal for outdoor enthusiasts.

Current Market Conditions in Buchanan, MI

The real estate market in Buchanan has seen a steady demand over the past few years, with prices reflecting the town's appeal for both first-time homebuyers and retirees. Many properties retain a historical character while providing modern comforts, making them attractive to a diverse range of buyers.

With the increase in remote working and a desire for a quieter lifestyle, more individuals are considering Buchanan for relocation. This ongoing trend is driving up property values and encouraging new developments within the town.

Home Value Estimator For Buchanan, MI

There are currently 4,143 real estate properties in Buchanan, MI, with a median automated valuation model (AVM) price of $232,777.00. 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 $307,435.00, with the most expensive house in Buchanan, MI, topping out at $11,023,395.00 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 Search Results


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