Clare, MI Foreclosures
How much do homes sell for in Clare, MI?
The average home price is currently $191,872.
What’s the average rental cost in Clare, MI?
The average rental price in Clare is $1,452.
What is the most expensive home in Clare?
The most expensive home sold in Clare had a price of $2,263,078.
What is currently the cheapest priced home in Clare, MI?
The cheapest home for sale in Clare is priced at $13,900.
Living in Clare, MI
Clare, Michigan, is a scenic small city that embodies the essence of Midwest charm. Known for its rich history, it offers a low cost of living and access to excellent public schools, making it a perfect location for families. The community is surrounded by beautiful parks and lakes, ideal for nature lovers and outdoor activities.
Current Market Conditions in Clare, MI
The real estate market in Clare, MI, has shown steady growth in recent years, attracting buyers looking for affordable homes in a peaceful setting. The demand for properties has remained strong, resulting in a competitive market where homes sell relatively quickly. Recent trends indicate an increasing interest in vacation homes, given Clare's proximity to lakes and recreational areas.
As of late 2023, Clare's real estate market has maintained a healthy balance between buyers and sellers. The availability of diverse housing options, ranging from historic homes to modern developments, caters to various preferences and budgets. Prices have steadily increased, reflecting larger trends in rural communities across Michigan.
Home Value Estimator For Clare, MI
There are currently 2,706 real estate properties
in Clare, MI,
with a median automated valuation model (AVM) price
of $167,361.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Clare, 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 Clare, MI,
is $191,872.00, with the most expensive house
in Clare, MI, topping out
at $2,263,078.00 and the cheapest home
in Clare, MI,
clocking in at $13,900.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Clare, MI!
Rent Prices
In Clare, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Clare, MI, is on
a rollercoaster ride. The
average rent price in Clare, MI,
is $1,452.00. Indeed, when looking to rent in
Clare, MI, you can expect to pay as little
as $740.00 or as much
as $2,120.00,
with the average rent median estimated to
be $1,460.00. The good news is that finding
an affordable and desirable property to rent in Clare, 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.