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Condo Foreclosures in Cheboygan, MI

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Cheboygan, MI Foreclosures

How much do homes sell for in Cheboygan, MI?
The average home price is currently $269,743.
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 $10,136,985.
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 small yet vibrant community nestled along the shores of Lake Huron, known for its outdoor recreational activities and beautiful natural scenery. It offers a relaxed lifestyle with a close-knit community atmosphere, making it ideal for families and retirees alike. With a charming downtown and various local amenities, Cheboygan blends rural tranquility with convenient access to urban attractions.

Current Market Conditions in Cheboygan, MI

The real estate market in Cheboygan is showing signs of growth, with an increase in property values over the past year. Buyers are drawn to the area for its rustic charm and natural surroundings, leading to a competitive market where homes are being sold quickly, especially those near the lake or in desirable neighborhoods.

As of recent months, interest rates have fluctuated, but there is still strong demand for homes in Cheboygan. The availability of relatively affordable properties compared to other parts of Michigan makes this area appealing for first-time homebuyers and investors looking for rental properties.

Home Value Estimator For Cheboygan, MI

There are currently 10,088 real estate properties in Cheboygan, MI, with a median automated valuation model (AVM) price of $190,250.00. 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 $269,743.00, with the most expensive house in Cheboygan, MI, topping out at $10,136,985.00 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 Condos


Market Trend for Cheboygan, MI

Total Listings Available: 0

Market Values:

Home Prices from $5,299 to $10,136,985

Average Sales Price: $269,743

Rental Values:

Rental from $750 to $2,240

Average Rent Value: $1,361 / month

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