Cedar River, MI Foreclosures
How much do homes sell for in Cedar River, MI?
The average home price is currently $261,571.
In Cedar River, MI, how many homes are available?
There are currently 1 active home listings available in Cedar River.
What’s the average rental cost in Cedar River, MI?
The average rental price in Cedar River is $1,480.
What is the most expensive home in Cedar River?
The most expensive home sold in Cedar River had a price of $1,007,209.
What is currently the cheapest priced home in Cedar River, MI?
The cheapest home for sale in Cedar River is priced at $13,000.
Living in Cedar River, MI
Cedar River, MI, offers a peaceful community with stunning natural surroundings. Enjoy outdoor activities like hiking and fishing along the river, all while benefiting from local amenities and a friendly atmosphere. An ideal location for families and retirees seeking a tranquil lifestyle.
Current Market Conditions in Cedar River, MI
The real estate market in Cedar River, MI, has shown steady growth, with a slight increase in home sales and pricing in recent months. Buyers are attracted to the area due to its natural beauty and outdoor recreational opportunities, which has led to heightened demand for homes in this serene community. Generally, homes here appeal to those looking for seasonal residences or year-round living in a picturesque setting.
As of late, Cedar River has become increasingly appealing to homebuyers looking for a retreat away from the urban hustle. Properties here typically offer larger plots of land, fostering a lifestyle centered around nature and outdoor activities. Mortgage rates have influenced buyers' decisions, but many are still eager to invest in this serene environment.
Home Value Estimator For Cedar River, MI
There are currently 187 real estate properties
in Cedar River, MI,
with a median automated valuation model (AVM) price
of $231,258.00. 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 River, 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 River, MI,
is $261,571.00, with the most expensive house
in Cedar River, MI, topping out
at $1,007,209.00 and the cheapest home
in Cedar River, MI,
clocking in at $13,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cedar River, MI!
Rent Prices
In Cedar River, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cedar River, MI, is on
a rollercoaster ride. The
average rent price in Cedar River, MI,
is $1,480.00. Indeed, when looking to rent in
Cedar River, MI, you can expect to pay as little
as $940.00 or as much
as $1,820.00,
with the average rent median estimated to
be $1,510.00. The good news is that finding
an affordable and desirable property to rent in Cedar River, 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.