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Short Sale Listings in Cedar Lake, MI

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Cedar Lake, MI Foreclosures

How much do homes sell for in Cedar Lake, MI?
The average home price is currently $159,083.
In Cedar Lake, MI, how many homes are available?
There are currently 87 active home listings available in Cedar Lake.
What’s the average rental cost in Cedar Lake, MI?
The average rental price in Cedar Lake is $1,222.
What is the most expensive home in Cedar Lake?
The most expensive home sold in Cedar Lake had a price of $292,004.
What is currently the cheapest priced home in Cedar Lake, MI?
The cheapest home for sale in Cedar Lake is priced at $37,176.

Living in Cedar Lake, MI

Cedar Lake, MI is a serene community that offers a peaceful lifestyle surrounded by nature. Known for its beautiful lakes and wooded areas, it's an ideal place for outdoor activities such as fishing and hiking. Residents enjoy a close-knit community that provides essential amenities and quality schools.

Current Market Conditions in Cedar Lake, MI

The real estate market in Cedar Lake is currently displaying strong buyer interest, with homes selling quickly. The average days on the market are decreasing as more potential buyers are looking for properties in quaint, rural settings. The median home price has shown consistent growth, indicating that Cedar Lake is becoming a desirable location for those seeking a retreat from urban life.

Home Value Estimator For Cedar Lake, MI

There are currently 21 real estate properties in Cedar Lake, MI, with a median automated valuation model (AVM) price of $156,694.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cedar 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 Cedar Lake, MI, is $159,083.00, with the most expensive house in Cedar Lake, MI, topping out at $292,004.00 and the cheapest home in Cedar Lake, MI, clocking in at $37,176.00. In other words, there’s something for every potential homebuyer or savvy investor in Cedar Lake, MI!

Rent Prices In Cedar Lake, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cedar Lake, MI, is on a rollercoaster ride. The average rent price in Cedar Lake, MI, is $1,222.00. Indeed, when looking to rent in Cedar Lake, MI, you can expect to pay as little as $940.00 or as much as $1,560.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Cedar 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.

Cedar Lake, MI Short Sale Listings


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