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Foreclosure Homes in Cadillac, MI

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Cadillac, MI Foreclosures

How much do homes sell for in Cadillac, MI?
The average home price is currently $238,370.
In Cadillac, MI, how many homes are available?
There are currently 36 active home listings available in Cadillac.
What’s the average rental cost in Cadillac, MI?
The average rental price in Cadillac is $1,455.
What is the most expensive home in Cadillac?
The most expensive home sold in Cadillac had a price of $1,993,434.
What is currently the cheapest priced home in Cadillac, MI?
The cheapest home for sale in Cadillac is priced at $14,139.

Living in Cadillac, MI

Cadillac, MI is a charming city nestled among beautiful lakes and forests, offering a serene lifestyle with plenty of outdoor activities. With a growing downtown and a close-knit community, it's a wonderful place to call home. Residents enjoy seasonal festivities and access to stunning natural scenery.

Current Market Conditions in Cadillac, MI

The real estate market in Cadillac has seen a steady increase in home values over the past year, indicating a strong demand for housing in the area. Buyers are attracted to the picturesque landscape and recreational opportunities, making it a desirable location for both permanent residents and vacation home seekers.

Currently, the market is competitive with a mix of affordable homes and higher-end properties. Many homes are receiving multiple offers, as buyers look to secure homes in this idyllic location.

Home Value Estimator For Cadillac, MI

There are currently 9,168 real estate properties in Cadillac, MI, with a median automated valuation model (AVM) price of $204,721.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cadillac, 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 Cadillac, MI, is $238,370.00, with the most expensive house in Cadillac, MI, topping out at $1,993,434.00 and the cheapest home in Cadillac, MI, clocking in at $14,139.00. In other words, there’s something for every potential homebuyer or savvy investor in Cadillac, MI!

Rent Prices In Cadillac, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cadillac, MI, is on a rollercoaster ride. The average rent price in Cadillac, MI, is $1,455.00. Indeed, when looking to rent in Cadillac, MI, you can expect to pay as little as $650.00 or as much as $2,180.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Cadillac, 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.

Cadillac, MI Foreclosures


Market Trend for Cadillac, MI

Total Listings Available: 36

Market Values:

Home Prices from $14,139 to $1,993,434

Average Sales Price: $238,370

Rental Values:

Rental from $650 to $2,180

Average Rent Value: $1,455 / month

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