Capac, MI Foreclosures
How much do homes sell for in Capac, MI?
The average home price is currently $199,932.
In Capac, MI, how many homes are available?
There are currently 7 active home listings available in Capac.
What’s the average rental cost in Capac, MI?
The average rental price in Capac is $981.
What is the most expensive home in Capac?
The most expensive home sold in Capac had a price of $586,263.
What is currently the cheapest priced home in Capac, MI?
The cheapest home for sale in Capac is priced at $21,370.
Living in Capac, MI
Capac, Michigan, is a quaint village offering a peaceful lifestyle surrounded by beautiful landscapes. With a strong sense of community and proximity to bigger cities, residents can enjoy rural living with convenient access to amenities. The area hosts a variety of community events, making it a welcoming place for families and retirees alike.
Current Market Conditions in Capac, MI
The real estate market in Capac, MI, has seen steady growth over the past year, with an increasing number of new listings due to rising demand. Home prices have appreciated as more buyers are attracted to the area's affordability and the charm of small-town living. The market remains competitive, especially for family homes, with average days on the market decreasing as interest rises.
Recently, there has been a noticeable trend towards renovation and improvement in many of the older homes, which adds to the desirability of the neighborhood. Buyers are looking for properties that they can make their own in this close-knit environment.
Home Value Estimator For Capac, MI
There are currently 613 real estate properties
in Capac, MI,
with a median automated valuation model (AVM) price
of $193,180.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Capac, 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 Capac, MI,
is $199,932.00, with the most expensive house
in Capac, MI, topping out
at $586,263.00 and the cheapest home
in Capac, MI,
clocking in at $21,370.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Capac, MI!
Rent Prices
In Capac, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Capac, MI, is on
a rollercoaster ride. The
average rent price in Capac, MI,
is $981.00. Indeed, when looking to rent in
Capac, MI, you can expect to pay as little
as $660.00 or as much
as $1,930.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Capac, 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.