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Bankruptcy Homes in Cedar, MI

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Cedar, MI Foreclosures

How much do homes sell for in Cedar, MI?
The average home price is currently $589,330.
In Cedar, MI, how many homes are available?
There are currently 5 active home listings available in Cedar.
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 $3,423,381.
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 quaint community surrounded by natural beauty and outdoor activities, perfect for families and individuals seeking a peaceful lifestyle. The area offers charming local amenities and is conveniently located near Traverse City, blending tranquility with accessibility. Enjoy year-round recreational options and a strong sense of community in this scenic town.

Current Market Conditions in Cedar, MI

The current real estate market in Cedar shows a stable growth trend, with increasing interest in both residential and vacation properties. The charm of Cedar, coupled with its proximity to major tourist attractions, has led to a surge in demand among buyers looking for getaways and year-round residences alike. Homes are selling at a healthy pace, attracting both families and retirees.

In recent months, the Cedar market has seen modest price increases, reflecting broader trends in the northern Michigan real estate market as many buyers shift their focus to less urban areas for more space and natural beauty.

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 $476,368.00. 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 $589,330.00, with the most expensive house in Cedar, MI, topping out at $3,423,381.00 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 Bankruptcy Homes

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