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Preforeclosure Homes in Clay, MI

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Clay, MI Foreclosures

How much do homes sell for in Clay, MI?
The average home price is currently $337,654.
In Clay, MI, how many homes are available?
There are currently 5 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 $2,807,086.
What is currently the cheapest priced home in Clay, MI?
The cheapest home for sale in Clay is priced at $16,679.

Living in Clay, MI

Clay, MI is a charming small town situated by beautiful Lake St. Clair, offering a friendly community atmosphere alongside a variety of recreational activities. It features great access to local parks, events, and vital amenities, which appeal to families and outdoor enthusiasts alike. With relatively low housing prices, it is an ideal location for those seeking a serene lifestyle with nearby urban conveniences.

Current Market Conditions in Clay, MI

The real estate market in Clay remains relatively stable with a healthy mix of single-family homes and townhouses. Home values in the area have shown a consistent upward trend, although the pace of growth has slowed recently, stabilizing around the average market rate for the region.

Clay has been appealing to first-time home buyers and families, partly due to its modest property values and tax rates. The affordability of homes combined with the community’s quality of life continues to attract new residents.

Home Value Estimator For Clay, MI

There are currently 3,516 real estate properties in Clay, MI, with a median automated valuation model (AVM) price of $296,411.00. 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 $337,654.00, with the most expensive house in Clay, MI, topping out at $2,807,086.00 and the cheapest home in Clay, MI, clocking in at $16,679.00. 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 Preforeclosure Homes

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