Coral, MI Foreclosures
How much do homes sell for in Coral, MI?
The average home price is currently $249,688.
In Coral, MI, how many homes are available?
There are currently 3 active home listings available in Coral.
What’s the average rental cost in Coral, MI?
The average rental price in Coral is $1,299.
What is the most expensive home in Coral?
The most expensive home sold in Coral had a price of $1,531,175.
What is currently the cheapest priced home in Coral, MI?
The cheapest home for sale in Coral is priced at $27,695.
Living in Coral, MI
Coral, MI is a small village that encapsulates the beauty of rural living in Michigan. Known for its beautiful landscapes and outdoor activities, Coral provides a peaceful and friendly community for its residents. The village's proximity to larger towns allows for convenient access to urban amenities while enjoying a quiet home life.
Current Market Conditions in Coral, MI
The real estate market in Coral, MI is relatively stable, with a mix of affordable homes and some higher-end listings. As more people seek out rural lifestyles, the demand for homes in Coral has been slowly increasing, allowing sellers to see favorable market conditions.
Currently, the market favors buyers due to the variety of homes available at different price points. However, the growing interest in rural living may lead to appreciation in property values in the coming years.
Home Value Estimator For Coral, MI
There are currently 522 real estate properties
in Coral, MI,
with a median automated valuation model (AVM) price
of $222,530.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Coral, 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 Coral, MI,
is $249,688.00, with the most expensive house
in Coral, MI, topping out
at $1,531,175.00 and the cheapest home
in Coral, MI,
clocking in at $27,695.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Coral, MI!
Rent Prices
In Coral, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Coral, MI, is on
a rollercoaster ride. The
average rent price in Coral, MI,
is $1,299.00. Indeed, when looking to rent in
Coral, MI, you can expect to pay as little
as $960.00 or as much
as $2,170.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Coral, 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.