Cedar Springs, MI Foreclosures
How much do homes sell for in Cedar Springs, MI?
The average home price is currently $332,259.
In Cedar Springs, MI, how many homes are available?
There are currently 1 active home listings available in Cedar Springs.
What’s the average rental cost in Cedar Springs, MI?
The average rental price in Cedar Springs is $1,513.
What is the most expensive home in Cedar Springs?
The most expensive home sold in Cedar Springs had a price of $5,891,784.
What is currently the cheapest priced home in Cedar Springs, MI?
The cheapest home for sale in Cedar Springs is priced at $14,364.
Living in Cedar Springs, MI
Cedar Springs, Michigan is a charming small town characterized by its friendly community spirit and beautiful outdoor spaces. It offers a perfect balance of rural tranquility with nearby urban conveniences. Residents enjoy access to various parks, quality schools, and local shops, making it an ideal place to live for families and individuals alike.
Current Market Conditions in Cedar Springs, MI
The real estate market in Cedar Springs has shown signs of continued growth, with increasing interest from buyers seeking affordable homes outside of Grand Rapids. Over the last few months, new construction has risen, indicating a strong demand for housing in the area. Listings tend to move quickly, and there is a healthy mix of single-family homes, townhouses, and vacant land for those interested in building.
Currently, the market remains competitive due to low inventory levels, pushing prices upward. Attractive financing options like lower mortgage rates are encouraging first-time homebuyers to explore opportunities in Cedar Springs. The trend for homes typically remains steady, as the community attracts those looking to escape higher prices in nearby urban settings.
Home Value Estimator For Cedar Springs, MI
There are currently 5,697 real estate properties
in Cedar Springs, MI,
with a median automated valuation model (AVM) price
of $323,036.00. 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 Springs, 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 Springs, MI,
is $332,259.00, with the most expensive house
in Cedar Springs, MI, topping out
at $5,891,784.00 and the cheapest home
in Cedar Springs, MI,
clocking in at $14,364.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cedar Springs, MI!
Rent Prices
In Cedar Springs, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cedar Springs, MI, is on
a rollercoaster ride. The
average rent price in Cedar Springs, MI,
is $1,513.00. Indeed, when looking to rent in
Cedar Springs, MI, you can expect to pay as little
as $510.00 or as much
as $2,740.00,
with the average rent median estimated to
be $1,530.00. The good news is that finding
an affordable and desirable property to rent in Cedar Springs, 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.
Learn more on Foreclosure homes
