Caspian, MI Foreclosures
How much do homes sell for in Caspian, MI?
The average home price is currently $90,691.
In Caspian, MI, how many homes are available?
There are currently 4 active home listings available in Caspian.
What’s the average rental cost in Caspian, MI?
The average rental price in Caspian is $1,109.
What is the most expensive home in Caspian?
The most expensive home sold in Caspian had a price of $637,000.
What is currently the cheapest priced home in Caspian, MI?
The cheapest home for sale in Caspian is priced at $31,502.
Living in Caspian, MI
Caspian, Michigan is a small, close-knit community located in the picturesque Upper Peninsula, surrounded by beautiful forests and lakes. The town offers a peaceful rural lifestyle with access to outdoor activities year-round, including fishing, hiking, and winter sports. With a range of local events and a focus on community, Caspian is ideal for those seeking a friendly and active environment.
Current Market Conditions in Caspian, MI
The real estate market in Caspian has shown steady growth over the past year, with a significant interest in vacation properties due to its natural beauty and recreational opportunities. Prices for homes have been gradually increasing, attracting both full-time residents and those looking for seasonal retreats, creating a mixed market environment.
Currently, the market in Caspian reflects a balanced condition, with a reasonable inventory of homes available for sale. Buyers are encouraged to act quickly on desirable properties, as the market tends to be competitive during peak seasons, particularly for homes closer to waterfronts.
Home Value Estimator For Caspian, MI
There are currently 458 real estate properties
in Caspian, MI,
with a median automated valuation model (AVM) price
of $76,503.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Caspian, 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 Caspian, MI,
is $90,691.00, with the most expensive house
in Caspian, MI, topping out
at $637,000.00 and the cheapest home
in Caspian, MI,
clocking in at $31,502.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Caspian, MI!
Rent Prices
In Caspian, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Caspian, MI, is on
a rollercoaster ride. The
average rent price in Caspian, MI,
is $1,109.00. Indeed, when looking to rent in
Caspian, MI, you can expect to pay as little
as $840.00 or as much
as $1,370.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Caspian, 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
