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Preforeclosure 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 $245,469.
In Cadillac, MI, how many homes are available?
There are currently 3 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 $8,992,424.
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 city nestled in northern Michigan, famous for its stunning lakes and outdoor activities. Offering a blend of small-town charm and community spirit, Cadillac features various amenities, including shops, dining options, and educational institutions, ideal for families. The city’s commitment to safety and recreational opportunities makes it a perfect place for those looking to enjoy the great outdoors year-round.

Current Market Conditions in Cadillac, MI

The real estate market in Cadillac has shown signs of growth in recent months, with an increasing demand for residential properties. The city offers a unique blend of affordability and investment potential, attracting both first-time buyers and seasoned investors. Recent developments and community improvements have also spurred interest in the area, creating a favorable climate for real estate transactions.

Cadillac's housing market remains diverse, featuring a mix of affordable homes and more luxurious options, allowing for various buyer preferences. As the economy improves, the rise in property values has become apparent, and this trend is likely to continue as more people recognize the benefits of living in this beautiful region.

Home Value Estimator For Cadillac, MI

There are currently 9,956 real estate properties in Cadillac, MI, with a median automated valuation model (AVM) price of $206,615.00. 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 $245,469.00, with the most expensive house in Cadillac, MI, topping out at $8,992,424.00 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 Preforeclosure Homes


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