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Single-family Foreclosures in Cheboygan, MI 49721

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Cheboygan, MI Foreclosures

How much do homes sell for in Cheboygan, MI?
The average home price is currently $267,091.
In Cheboygan, MI, how many homes are available?
There are currently 7 active home listings available in Cheboygan.
What’s the average rental cost in Cheboygan, MI?
The average rental price in Cheboygan is $1,361.
What is the most expensive home in Cheboygan?
The most expensive home sold in Cheboygan had a price of $5,636,200.
What is currently the cheapest priced home in Cheboygan, MI?
The cheapest home for sale in Cheboygan is priced at $5,299.

Living in Cheboygan, MI

Cheboygan, MI is a charming city located on the shores of Lake Huron, offering a mix of natural beauty and rich history. The area is perfect for outdoor enthusiasts and those seeking a peaceful lifestyle. With a friendly community, diverse amenities, and access to a variety of recreational activities, Cheboygan is an inviting place to call home.

Current Market Conditions in Cheboygan, MI

The current real estate market in Cheboygan reflects a steady demand for homes as more people are drawn to the area for its natural beauty and outdoor activities. Prices have shown a moderate increase over the past year with a growing interest from buyers seeking vacation homes or permanent residences in the region.

Recent trends indicate that properties near the waterfront are particularly sought after, driving higher prices in those areas. There has been a noticeable uptick in the construction of new homes and renovations of older properties, suggesting a positive outlook for the local real estate market.

Home Value Estimator For Cheboygan, MI

There are currently 9,429 real estate properties in Cheboygan, MI, with a median automated valuation model (AVM) price of $184,751.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cheboygan, 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 Cheboygan, MI, is $267,091.00, with the most expensive house in Cheboygan, MI, topping out at $5,636,200.00 and the cheapest home in Cheboygan, MI, clocking in at $5,299.00. In other words, there’s something for every potential homebuyer or savvy investor in Cheboygan, MI!

Rent Prices In Cheboygan, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cheboygan, MI, is on a rollercoaster ride. The average rent price in Cheboygan, MI, is $1,361.00. Indeed, when looking to rent in Cheboygan, MI, you can expect to pay as little as $750.00 or as much as $2,240.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Cheboygan, 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.

Cheboygan, MI 49721 Single-family Homes


Market Trend for Cheboygan, MI

Total Listings Available: 7

Market Values:

Home Prices from $5,299 to $5,636,200

Average Sales Price: $267,091

Rental Values:

Rental from $750 to $2,240

Average Rent Value: $1,361 / month

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