Foreclosure Homes in Calumet, MI

Current Market Conditions in Calumet, MI

The real estate market in Calumet is currently experiencing a balanced state, with stable home prices and consistent demand. Homes in this area have seen moderate appreciation over the last year, making it a viable option for both buyers and investors looking for opportunities in a quaint community.

Recent trends indicate an increase in interest among new homeowners, particularly from those seeking a relaxing getaway or a second home. This trend has encouraged developers to explore new residential projects, helping to rejuvenate the local economy and community.

Rent Prices In Calumet, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Calumet, MI, is on a rollercoaster ride. The average rent price in Calumet, MI, is $1,417.00. Indeed, when looking to rent in Calumet, MI, you can expect to pay as little as $640.00 or as much as $2,280.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Calumet, 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.