Living in Deford, MI
Deford, MI is a serene, rural community that prides itself on its friendly atmosphere and beautiful natural surroundings. With a rich outdoor lifestyle and a sense of camaraderie among residents, it's an attractive option for those seeking a tranquil living environment. The convenience of nearby urban amenities makes it an ideal location for families and real estate investors.
Current Market Conditions in Deford, MI
The real estate market in Deford is currently favoring buyers, with a variety of affordable homes on the market. The demand for properties in the area has remained steady, as many people are looking for spacious homes with land in tranquil environments.
Recent trends show an increasing interest in rural properties, which has led to a gradual appreciation in home values. As more individuals seek to escape urban living, Deford presents a unique opportunity for investors looking to enter the real estate market in a growing area.
Home Value Estimator For Deford, MI
There are currently 643 real estate properties
in Deford, MI,
with a median automated valuation model (AVM) price
of $137,974.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Deford, 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 Deford, MI,
is $161,225.00, with the most expensive house
in Deford, MI, topping out
at $818,253.00 and the cheapest home
in Deford, MI,
clocking in at $16,160.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Deford, MI!
Rent Prices
In Deford, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Deford, MI, is on
a rollercoaster ride. The
average rent price in Deford, MI,
is $1,185.00. Indeed, when looking to rent in
Deford, MI, you can expect to pay as little
as $750.00 or as much
as $1,850.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Deford, 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.