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Cheap Homes in Cedar, MI 49621

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Cedar, MI Foreclosures

How much do homes sell for in Cedar, MI?
The average home price is currently $589,603.
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 $3,468,386.
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 small, close-knit community known for its scenic landscapes and rich agricultural heritage. Residents enjoy a peaceful lifestyle surrounded by vineyards and outdoor recreational activities. The charming village atmosphere, combined with access to natural parks, makes Cedar a delightful place to call home.

Current Market Conditions in Cedar, MI

The real estate market in Cedar, MI, has shown consistent growth due to the area's appeal as a tourist destination and a great place for families. With its proximity to Lake Michigan and beautiful natural areas, homes here are in high demand. Current interest rates have created competition among buyers, leading to quicker sales and rising prices.

As more people are looking for vacation homes or permanent residences in rural settings, properties in Cedar are becoming increasingly valuable. The recent popularity of remote working has also contributed to a surge in interest, as individuals seek out tranquil environments to live and work.

Home Value Estimator For Cedar, MI

There are currently 1,786 real estate properties in Cedar, MI, with a median automated valuation model (AVM) price of $474,736.00. 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 $589,603.00, with the most expensive house in Cedar, MI, topping out at $3,468,386.00 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.

Cheap Homes in Cedar, MI 49621

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