Coloma, MI Foreclosures
How much do homes sell for in Coloma, MI?
The average home price is currently $338,362.
In Coloma, MI, how many homes are available?
There are currently 8 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 $5,554,500.
What is currently the cheapest priced home in Coloma, MI?
The cheapest home for sale in Coloma is priced at $11,802.
Living in Coloma, MI
Coloma, MI, offers a serene small-town atmosphere with beautiful natural surroundings, including access to Lake Michigan beaches and local fruit orchards. The community is tight-knit, with various amenities, parks, and annual events that bring residents together. Families will appreciate the quality education options and recreational activities available in this delightful town.
Current Market Conditions in Coloma, MI
The current real estate market in Coloma, MI is showing positive trends, with an increase in property values and a steady demand for homes. The area has attracted buyers looking for vacation homes as well as families seeking a quiet, rural lifestyle. Recent months have seen a significant number of homes being sold, indicating healthy growth in the local market.
With interest rates affecting housing markets nationwide, Coloma has remained relatively stable, benefiting from its appeal as a quieter alternative to neighboring cities. The low inventory, particularly for entry-level homes, continues to drive competition among buyers.
Home Value Estimator For Coloma, MI
There are currently 4,173 real estate properties
in Coloma, MI,
with a median automated valuation model (AVM) price
of $252,220.00. 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 $338,362.00, with the most expensive house
in Coloma, MI, topping out
at $5,554,500.00 and the cheapest home
in Coloma, MI,
clocking in at $11,802.00. 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.
Learn more on Foreclosure homes
