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Foreclosure Homes in Cedar, MI 49621

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Cedar, MI Foreclosures

Current Market Conditions in in Cedar, MI As of March 2026?
Over the past month, Cedar's real estate market has remained stable, with minimal changes in home prices but a noticeable uptick in buyer interest. Open houses have seen increased attendance, suggesting a potential rise in sales in the coming weeks as warmer weather approaches, inviting more buyers to explore the area and its offerings.
How much do homes sell for in Cedar, MI?
The average home price is currently $567,750.
What’s the average rental cost in Cedar, MI?
The average rental price in Cedar is $1,424.
What is the most expensive home in Cedar?
The most expensive home sold in Cedar had a price of $3,325,235.
What is currently the cheapest priced home in Cedar, MI?
The cheapest home for sale in Cedar is priced at $22,650.

Living in Cedar, MI

Cedar, Michigan, is a picturesque small town nestled in the heart of Leelanau County. With its idyllic surroundings, Cedar offers a perfect blend of tranquility and community spirit. Residents can explore nearby parks and recreational activities while enjoying the area's rich cultural history.

Buyer vs Seller Market in Cedar, MI

The Cedar real estate market has seen a steady increase in demand, driven by its attractive location and natural beauty. Buyers are drawn to the area's peaceful lifestyle and outdoor recreational opportunities, resulting in a competitive market with limited inventory.

In the past few months, home prices have risen significantly, reflecting the demand for properties in this desirable region. Investors are taking notice, with many looking to purchase vacation homes or rental properties in Cedar.

Home Value Estimator For Cedar, MI

There are currently 1,974 real estate properties in Cedar, MI, with a median automated valuation model (AVM) price of $461,224.00. 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, 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, MI, is $567,750.00, with the most expensive house in Cedar, MI, topping out at $3,325,235.00 and the cheapest home in Cedar, MI, clocking in at $22,650.00. In other words, there’s something for every potential homebuyer or savvy investor in Cedar, MI!

Rent Prices In Cedar, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cedar, MI, is on a rollercoaster ride. The average rent price in Cedar, MI, is $1,424.00. Indeed, when looking to rent in Cedar, MI, you can expect to pay as little as $900.00 or as much as $2,540.00, with the average rent median estimated to be $1,390.00. The good news is that finding an affordable and desirable property to rent in Cedar, 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, MI 49621 Foreclosures


Market Trend for Cedar, MI

Total Listings Available: 0

Market Values:

Home Prices from $22,650 to $3,325,235

Average Sales Price: $567,750

Rental Values:

Rental from $900 to $2,540

Average Rent Value: $1,424 / month

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