Foreclosure Homes in Calumet, MI 49913

Current Market Conditions in Calumet, MI

The real estate market in Calumet, MI is showing steady growth as more individuals seek affordable housing in charming, rural locations. Prices have been relatively stable, with a modest increase observed in recent months, attracting both first-time homebuyers and investors.

There is a growing interest in vacation homes and rental properties, given Calumet's natural beauty and recreational offerings. Investors are recognizing the potential for short-term rentals, especially during peak tourist seasons, further stimulating the local housing market.

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.