Dollar Bay, MI Foreclosures
How much do homes sell for in Dollar Bay, MI?
The average home price is currently $258,379.
What’s the average rental cost in Dollar Bay, MI?
The average rental price in Dollar Bay is $1,303.
What is the most expensive home in Dollar Bay?
The most expensive home sold in Dollar Bay had a price of $901,225.
What is currently the cheapest priced home in Dollar Bay, MI?
The cheapest home for sale in Dollar Bay is priced at $43,156.
Living in Dollar Bay, MI
Dollar Bay, MI is a charming lakeside community offering a peaceful lifestyle and beautiful natural surroundings. It's known for outdoor activities, a close-knit community vibe, and easy access to local amenities. Ideal for those who appreciate a quieter living environment near nature.
Current Market Conditions in Dollar Bay, MI
The current real estate market in Dollar Bay is showing signs of stability with a modest increase in home values. Given its attractive natural surroundings and growing interest in rural living, the area is becoming more appealing to families and retirees seeking a serene lifestyle.
The market is experiencing increased buyer activity, leading to a competitive edge for homes in good condition. Properties are selling faster, with many listings receiving multiple offers, reflecting a healthy interest in real estate investments in the area.
Home Value Estimator For Dollar Bay, MI
There are currently 137 real estate properties
in Dollar Bay, MI,
with a median automated valuation model (AVM) price
of $216,713.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Dollar Bay, 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 Dollar Bay, MI,
is $258,379.00, with the most expensive house
in Dollar Bay, MI, topping out
at $901,225.00 and the cheapest home
in Dollar Bay, MI,
clocking in at $43,156.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dollar Bay, MI!
Rent Prices
In Dollar Bay, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dollar Bay, MI, is on
a rollercoaster ride. The
average rent price in Dollar Bay, MI,
is $1,303.00. Indeed, when looking to rent in
Dollar Bay, MI, you can expect to pay as little
as $1,100.00 or as much
as $1,780.00,
with the average rent median estimated to
be $1,300.00. The good news is that finding
an affordable and desirable property to rent in Dollar Bay, 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.