Clay, MI Foreclosures
How much do homes sell for in Clay, MI?
The average home price is currently $336,945.
In Clay, MI, how many homes are available?
There are currently 8 active home listings available in Clay.
What’s the average rental cost in Clay, MI?
The average rental price in Clay is $1,219.
What is the most expensive home in Clay?
The most expensive home sold in Clay had a price of $2,359,124.
What is currently the cheapest priced home in Clay, MI?
The cheapest home for sale in Clay is priced at $19,121.
Living in Clay, MI
Clay, Michigan is a peaceful community that offers a mix of rural charm and modern amenities. Known for its friendly atmosphere and picturesque surroundings, Clay is an ideal place for families looking for a quiet lifestyle. The community features parks, recreational facilities, and essential services to enhance the quality of life for its residents.
Current Market Conditions in Clay, MI
The real estate market in Clay, MI is stable with a steady demand for homes. As a small town, the housing market tends to attract buyers who are seeking affordability and a sense of community. The supply of homes has been relatively consistent, allowing for balanced conditions where neither buyers nor sellers hold a dominant advantage.
There has been a noticeable interest in properties in Clay due to its appealing lifestyle and access to natural beauty. The median home values have remained stable, with slight increases noted due to moderate demand and the area's charm. Investors are also starting to take an interest in the area, anticipating continued growth.
Clay's market is influenced by nearby urban centers, providing residents with options for commuting while enjoying the benefits of a quieter lifestyle. As a result, property values have been gradually increasing, reflecting a positive trend in the local real estate landscape.
Home Value Estimator For Clay, MI
There are currently 3,261 real estate properties
in Clay, MI,
with a median automated valuation model (AVM) price
of $299,092.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Clay, 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 Clay, MI,
is $336,945.00, with the most expensive house
in Clay, MI, topping out
at $2,359,124.00 and the cheapest home
in Clay, MI,
clocking in at $19,121.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Clay, MI!
Rent Prices
In Clay, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Clay, MI, is on
a rollercoaster ride. The
average rent price in Clay, MI,
is $1,219.00. Indeed, when looking to rent in
Clay, MI, you can expect to pay as little
as $640.00 or as much
as $2,520.00,
with the average rent median estimated to
be $1,200.00. The good news is that finding
an affordable and desirable property to rent in Clay, 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
