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Foreclosure Homes in Caro, MI 48723

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Caro, MI Foreclosures

How much do homes sell for in Caro, MI?
The average home price is currently $169,148.
In Caro, MI, how many homes are available?
There are currently 25 active home listings available in Caro.
What’s the average rental cost in Caro, MI?
The average rental price in Caro is $1,253.
What is the most expensive home in Caro?
The most expensive home sold in Caro had a price of $1,510,153.
What is currently the cheapest priced home in Caro, MI?
The cheapest home for sale in Caro is priced at $13,002.

Living in Caro, MI

Caro, MI is a delightful small town with a strong sense of community and a variety of amenities. Known for its local shops, outdoor parks, and quality education options, Caro appeals to families and individuals looking for a friendly environment. The town celebrates local culture through various events and offers a cozy atmosphere for residents.

Current Market Conditions in Caro, MI

The real estate market in Caro, MI has shown stability, with reasonable home prices attracting both first-time buyers and seasoned investors. The town's affordability, coupled with its increasing appeal as a rural retreat, fosters a growing interest in property investment.

Recent trends indicate an uptick in property values as more people seek the charm of small-town living. Investors can find opportunities for both rental properties and long-term appreciation in this developing market.

Home Value Estimator For Caro, MI

There are currently 4,348 real estate properties in Caro, MI, with a median automated valuation model (AVM) price of $157,503.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Caro, 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 Caro, MI, is $169,148.00, with the most expensive house in Caro, MI, topping out at $1,510,153.00 and the cheapest home in Caro, MI, clocking in at $13,002.00. In other words, there’s something for every potential homebuyer or savvy investor in Caro, MI!

Rent Prices In Caro, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Caro, MI, is on a rollercoaster ride. The average rent price in Caro, MI, is $1,253.00. Indeed, when looking to rent in Caro, MI, you can expect to pay as little as $830.00 or as much as $2,280.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Caro, 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.

Caro, MI 48723 Foreclosures


Market Trend for Caro, MI

Total Listings Available: 25

Market Values:

Home Prices from $13,002 to $1,510,153

Average Sales Price: $169,148

Rental Values:

Rental from $830 to $2,280

Average Rent Value: $1,253 / month

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