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Foreclosure Homes in Coloma, MI

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Coloma, MI Foreclosures

How much do homes sell for in Coloma, MI?
The average home price is currently $317,895.
In Coloma, MI, how many homes are available?
There are currently 10 active home listings available in Coloma.
What’s the average rental cost in Coloma, MI?
The average rental price in Coloma is $1,422.
What is the most expensive home in Coloma?
The most expensive home sold in Coloma had a price of $5,555,700.
What is currently the cheapest priced home in Coloma, MI?
The cheapest home for sale in Coloma is priced at $11,629.

Living in Coloma, MI

Coloma, MI, is a picturesque small town known for its friendly community atmosphere and proximity to the natural beauty of Lake Michigan. With quality schools and a variety of local amenities, Coloma offers a relaxed yet vibrant lifestyle. It is a perfect blend of rustic charm and modern conveniences, making it an attractive place for families and investors alike.

Current Market Conditions in Coloma, MI

The real estate market in Coloma is witnessing steady growth, driven by an influx of families seeking a peaceful environment and outdoor lifestyle. Home prices have shown a moderate increase, reflecting the town's appeal as both a permanent residence and vacation destination.

Investors can take advantage of the lower entry prices compared to nearby coastal towns, making this an ideal spot for real estate opportunities, including rental properties and family homes.

Home Value Estimator For Coloma, MI

There are currently 4,161 real estate properties in Coloma, MI, with a median automated valuation model (AVM) price of $239,958.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Coloma, 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 Coloma, MI, is $317,895.00, with the most expensive house in Coloma, MI, topping out at $5,555,700.00 and the cheapest home in Coloma, MI, clocking in at $11,629.00. In other words, there’s something for every potential homebuyer or savvy investor in Coloma, MI!

Rent Prices In Coloma, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Coloma, MI, is on a rollercoaster ride. The average rent price in Coloma, MI, is $1,422.00. Indeed, when looking to rent in Coloma, MI, you can expect to pay as little as $450.00 or as much as $2,640.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Coloma, 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.

Coloma, MI Foreclosures

Market Trend for Coloma, MI

Total Listings Available: 10

Market Values:

Home Prices from $11,629 to $5,555,700

Average Sales Price: $317,895

Rental Values:

Rental from $450 to $2,640

Average Rent Value: $1,422 / month

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