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Condo Foreclosures in Cedar, MI

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Cedar, MI Foreclosures

Current Market Conditions in in Cedar, MI As of February 2026?
Over the past month, Cedar's real estate market has remained stable despite fluctuations seen in surrounding regions. More homes have been listed, indicating a response to increasing buyer interest, while property values have maintained a healthy rise. The community's appeal continues to attract new buyers looking for a second home or a full-time residence in a natural setting.
How much do homes sell for in Cedar, MI?
The average home price is currently $578,671.
In Cedar, MI, how many homes are available?
There are currently 1 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 $3,389,906.
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, MI is a picturesque community in Leelanau County characterized by its stunning natural beauty and friendly atmosphere. Residents enjoy access to various outdoor activities, including hiking, fishing, and swimming in nearby lakes. Local amenities cater to families, making it a desirable area for anyone looking to settle in a peaceful and scenic environment.

Buyer vs Seller Market in Cedar, MI

The real estate market in Cedar is currently showing positive growth, with an increase in demand for both rustic homes and modern cottages. Many buyers are attracted to the area for its serene environment and closeness to outdoor recreational activities. The market has also welcomed a growing number of seasonal residents and Airbnb rentals, further boosting property values.

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 $468,805.00. 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 $578,671.00, with the most expensive house in Cedar, MI, topping out at $3,389,906.00 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 Condos

Market Trend for Cedar, MI

Total Listings Available: 1

Market Values:

Home Prices from $22,650 to $3,389,906

Average Sales Price: $578,671

Rental Values:

Rental from $900 to $2,540

Average Rent Value: $1,424 / month

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