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Land Foreclosures in Dollar Bay, MI

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Dollar Bay, MI Foreclosures

How much do homes sell for in Dollar Bay, MI?
The average home price is currently $184,468.
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 $894,928.
What is currently the cheapest priced home in Dollar Bay, MI?
The cheapest home for sale in Dollar Bay is priced at $20,493.

Living in Dollar Bay, MI

Dollar Bay, MI, is a quaint lakeside town known for its friendly community and stunning natural beauty. With abundant outdoor activities and essential amenities, it's a perfect place for families and retirees alike looking for a peaceful retreat.

Current Market Conditions in Dollar Bay, MI

The real estate market in Dollar Bay currently shows a stable trend with moderate property prices. The demand for homes in this picturesque area remains unchanged, with a mix of seasonal homes and permanent residences being sold in the community.

Compared to larger urban areas, Dollar Bay offers more affordable housing options, attracting both local buyers and those looking for vacation homes. Investors are also eyeing this location as more people seek the charm of small-town living amidst the picturesque Upper Peninsula.

Home Value Estimator For Dollar Bay, MI

There are currently 465 real estate properties in Dollar Bay, MI, with a median automated valuation model (AVM) price of $148,068.00. 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 $184,468.00, with the most expensive house in Dollar Bay, MI, topping out at $894,928.00 and the cheapest home in Dollar Bay, MI, clocking in at $20,493.00. 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.

Dollar Bay, MI Land


Market Trend for Dollar Bay, MI

Total Listings Available: 0

Market Values:

Home Prices from $20,493 to $894,928

Average Sales Price: $184,468

Rental Values:

Rental from $1,100 to $1,780

Average Rent Value: $1,303 / month

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