Foreclosure Homes in Calumet, MI 49942

Current Market Conditions in Calumet, MI

Calumet's real estate market has remained relatively stable over the past few years, with gradual price appreciation due to its appealing location and historical charm. The average home prices have seen a modest increase, making it a favorable time for both buyers and investors as properties in this area are often unique and steeped in history.

The interest in Calumet is growing as more individuals look for affordable housing options away from crowded urban centers. This increase in demand has led to a balanced market where inventory and prices are improving, but the market still offers good opportunities for buyers.

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.