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Foreclosures in Clay, MI

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Living in Clay, MI

Clay, MI is a serene township in St. Clair County, perfect for investors seeking peaceful residential properties near outdoor activities. The close-knit community fosters a family-friendly environment, supported by quality schools and recreational options. Proximity to the St. Clair River enhances the lifestyle offerings.

Current Market Conditions in Clay, MI

The real estate market in Clay, MI is currently experiencing steady growth, with an influx of buyers attracted to the township's affordable housing options and natural beauty. Investors are starting to recognize the potential for rental properties given the area's increasing popularity.

Home prices have shown a gradual appreciation, making this an opportune time for real estate investors to enter the market. The demand for single-family homes remains strong, driven by families and individuals seeking a peaceful living environment.

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 $297,678.00. 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 $337,417.00, with the most expensive house in Clay, MI, topping out at $2,257,404.00 and the cheapest home in Clay, MI, clocking in at $18,916.00. 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.

Clay, MI Foreclosures


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