Carp Lake, MI Foreclosures
How much do homes sell for in Carp Lake, MI?
The average home price is currently $266,629.
In Carp Lake, MI, how many homes are available?
There are currently 1 active home listings available in Carp Lake.
What’s the average rental cost in Carp Lake, MI?
The average rental price in Carp Lake is $1,297.
What is the most expensive home in Carp Lake?
The most expensive home sold in Carp Lake had a price of $1,458,344.
What is currently the cheapest priced home in Carp Lake, MI?
The cheapest home for sale in Carp Lake is priced at $12,115.
Living in Carp Lake, MI
Carp Lake, MI is a picturesque community nestled in Emmet County, offering a perfect blend of rural charm and outdoor adventure. With beautiful lakes and forests, the area is great for nature enthusiasts. It's ideal for families, with access to local schools, shops, and outdoor activities throughout the year.
Current Market Conditions in Carp Lake, MI
Carp Lake's real estate market is characterized by a competitive environment, with a mixture of seasonal homes, year-round residences, and investment properties. Demand for properties near the water remains strong, driven by both families and retirees seeking a peaceful lifestyle close to nature.
The market has shown signs of growth, influenced by the increased interest in rural areas as more people embrace remote work and wish to escape urban settings. The average home price has gradually increased over the past year, reflecting its desirability.
Home Value Estimator For Carp Lake, MI
There are currently 730 real estate properties
in Carp Lake, MI,
with a median automated valuation model (AVM) price
of $219,338.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Carp Lake, 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 Carp Lake, MI,
is $266,629.00, with the most expensive house
in Carp Lake, MI, topping out
at $1,458,344.00 and the cheapest home
in Carp Lake, MI,
clocking in at $12,115.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Carp Lake, MI!
Rent Prices
In Carp Lake, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Carp Lake, MI, is on
a rollercoaster ride. The
average rent price in Carp Lake, MI,
is $1,297.00. Indeed, when looking to rent in
Carp Lake, MI, you can expect to pay as little
as $690.00 or as much
as $2,560.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Carp Lake, 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.
Learn more on Foreclosure homes
