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Short Sale Listings in Cement City, MI 49281

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Cement City, MI Foreclosures

How much do homes sell for in Cement City, MI?
The average home price is currently $303,088.
What’s the average rental cost in Cement City, MI?
The average rental price in Cement City is $1,277.
What is the most expensive home in Cement City?
The most expensive home sold in Cement City had a price of $1,580,200.
What is currently the cheapest priced home in Cement City, MI?
The cheapest home for sale in Cement City is priced at $16,563.

Living in Cement City, MI

Cement City is a small, charming village in southern Michigan, known for its close-knit community and rural atmosphere. Situated near several lakes, the area offers residents ample opportunities for fishing, boating, and outdoor activities. With a peaceful environment and friendly neighbors, it is an ideal place for families and individuals seeking tranquility away from the hustle and bustle of city life.

Current Market Conditions in Cement City, MI

Currently, Cement City is experiencing a balanced real estate market, with a healthy mix of buyers and sellers. Homes here are generally well-priced, and the steady demand has been fueled by the area's appeal to those seeking a peaceful and affordable lifestyle. There has been an uptick in interest from out-of-state buyers, drawn to the charming community and natural surroundings.

The village exhibits stable pricing trends, with an increase in home values over the past year, driven by low interest rates and a desire for more spacious living arrangements. The market is also seeing a rise in new developments, responding to the demand for housing in this picturesque region.

Home Value Estimator For Cement City, MI

There are currently 1,527 real estate properties in Cement City, MI, with a median automated valuation model (AVM) price of $293,839.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cement City, 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 Cement City, MI, is $303,088.00, with the most expensive house in Cement City, MI, topping out at $1,580,200.00 and the cheapest home in Cement City, MI, clocking in at $16,563.00. In other words, there’s something for every potential homebuyer or savvy investor in Cement City, MI!

Rent Prices In Cement City, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cement City, MI, is on a rollercoaster ride. The average rent price in Cement City, MI, is $1,277.00. Indeed, when looking to rent in Cement City, MI, you can expect to pay as little as $700.00 or as much as $2,530.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Cement City, 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.

Cement City, MI 49281 Short Sale Listings

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