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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 $229,288.
In Cadillac, MI, how many homes are available?
There are currently 37 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 $1,725,330.
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 picturesque small town known for its beautiful natural surroundings and a friendly atmosphere. The area offers ample outdoor activities and a close-knit community feel. Residents enjoy delightful local dining experiences and a variety of educational opportunities.

Current Market Conditions in Cadillac, MI

The real estate market in Cadillac is currently experiencing growth, with a steady demand for homes driven by both local residents and those seeking vacation properties. The affordability of housing compared to larger metropolitan areas makes Cadillac an attractive option for investors.

As more people discover the charm of Cadillac, property values are on the rise. This trend, combined with the area’s low inventory of homes for sale, points to a strong investment opportunity for both new and seasoned real estate investors.

Home Value Estimator For Cadillac, MI

There are currently 9,165 real estate properties in Cadillac, MI, with a median automated valuation model (AVM) price of $194,479.00. 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 $229,288.00, with the most expensive house in Cadillac, MI, topping out at $1,725,330.00 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: 37

Market Values:

Home Prices from $14,139 to $1,725,330

Average Sales Price: $229,288

Rental Values:

Rental from $650 to $2,180

Average Rent Value: $1,455 / month

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