Foreclosure Homes in Calumet, MI 49913

Current Market Conditions in Calumet, MI

The real estate market in Calumet has seen a steady demand with an influx of buyers interested in the area's unique historical properties. The last few years have shown an increase in home prices due to the growing interest in the Upper Peninsula as a retreat destination. New developments and renovations of historic homes are trending, indicating a revitalization of the local market.

As of late 2023, the market remains competitive but is stabilizing, with buyers finding a balanced selection between historic and modern homes.

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.