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Multi-family Foreclosures in East Jordan, MI

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East Jordan, MI Foreclosures

How much do homes sell for in East Jordan, MI?
The average home price is currently $525,629.
What’s the average rental cost in East Jordan, MI?
The average rental price in East Jordan is $1,603.
What is the most expensive home in East Jordan?
The most expensive home sold in East Jordan had a price of $8,837,910.
What is currently the cheapest priced home in East Jordan, MI?
The cheapest home for sale in East Jordan is priced at $22,222.

Living in East Jordan, MI

East Jordan, Michigan is a charming lakeside community known for its stunning natural landscapes and a friendly, welcoming atmosphere. The city offers a blend of outdoor recreational activities and local cultural experiences, making it an excellent place for families and retirees alike. With a strong emphasis on community and local businesses, East Jordan is an ideal place to live for those seeking tranquility and engagement in a close community.

Current Market Conditions in East Jordan, MI

The real estate market in East Jordan is experiencing a growth trend, driven by increasing interest in rural properties and waterfront homes. The data suggests a steady appreciation in property values as more buyers seek the tranquility and recreational opportunities provided by the area's natural landscapes. Homes typically sell quickly, indicating a competitive market structure with demand exceeding supply.

Currently, homes in East Jordan are priced moderately compared to larger urban centers, attracting buyers ranging from first-time homebuyers to retirees seeking second homes. The unique charm and amenities offered by the community create an appealing environment, resulting in consistent interest from diverse buyer demographics.

Home Value Estimator For East Jordan, MI

There are currently 3,549 real estate properties in East Jordan, MI, with a median automated valuation model (AVM) price of $284,828.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in East Jordan, 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 East Jordan, MI, is $525,629.00, with the most expensive house in East Jordan, MI, topping out at $8,837,910.00 and the cheapest home in East Jordan, MI, clocking in at $22,222.00. In other words, there’s something for every potential homebuyer or savvy investor in East Jordan, MI!

Rent Prices In East Jordan, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in East Jordan, MI, is on a rollercoaster ride. The average rent price in East Jordan, MI, is $1,603.00. Indeed, when looking to rent in East Jordan, MI, you can expect to pay as little as $830.00 or as much as $3,040.00, with the average rent median estimated to be $1,540.00. The good news is that finding an affordable and desirable property to rent in East Jordan, 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.

East Jordan, MI Multi-family Homes


Market Trend for East Jordan, MI

Total Listings Available: 0

Market Values:

Home Prices from $22,222 to $8,837,910

Average Sales Price: $525,629

Rental Values:

Rental from $830 to $3,040

Average Rent Value: $1,603 / month

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