Chippewa Lake, MI Foreclosures
How much do homes sell for in Chippewa Lake, MI?
The average home price is currently $237,864.
In Chippewa Lake, MI, how many homes are available?
There are currently 681 active home listings available in Chippewa Lake.
What’s the average rental cost in Chippewa Lake, MI?
The average rental price in Chippewa Lake is $1,321.
What is the most expensive home in Chippewa Lake?
The most expensive home sold in Chippewa Lake had a price of $922,374.
What is currently the cheapest priced home in Chippewa Lake, MI?
The cheapest home for sale in Chippewa Lake is priced at $26,488.
Living in Chippewa Lake, MI
Chippewa Lake, MI, is a charming lakeside community that offers a peaceful lifestyle amidst nature. Residents enjoy access to beautiful lakefront properties, outdoor recreational activities, and a close-knit community. With nearby schools and local amenities, Chippewa Lake is perfect for families and nature enthusiasts alike.
Current Market Conditions in Chippewa Lake, MI
The real estate market in Chippewa Lake has shown positive growth in recent months, with an influx of buyers seeking second homes and primary residences in this tranquil area. Homes are appreciating steadily, making this an economically attractive location for real estate investment.
Current trends indicate a strong demand for lakefront properties, which have limited availability. The overall market is competitive, and prospective buyers need to act swiftly to secure desirable real estate options.
Home Value Estimator For Chippewa Lake, MI
There are currently 217 real estate properties
in Chippewa Lake, MI,
with a median automated valuation model (AVM) price
of $208,207.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Chippewa Lake, 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 Chippewa Lake, MI,
is $237,864.00, with the most expensive house
in Chippewa Lake, MI, topping out
at $922,374.00 and the cheapest home
in Chippewa Lake, MI,
clocking in at $26,488.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Chippewa Lake, MI!
Rent Prices
In Chippewa Lake, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Chippewa Lake, MI, is on
a rollercoaster ride. The
average rent price in Chippewa Lake, MI,
is $1,321.00. Indeed, when looking to rent in
Chippewa Lake, MI, you can expect to pay as little
as $860.00 or as much
as $1,660.00,
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 Chippewa Lake, 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
