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Foreclosures in Eastlake, MI

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Eastlake, MI Foreclosures

How much do homes sell for in Eastlake, MI?
The average home price is currently $188,788.
In Eastlake, MI, how many homes are available?
There are currently 31 active home listings available in Eastlake.
What’s the average rental cost in Eastlake, MI?
The average rental price in Eastlake is $1,358.
What is the most expensive home in Eastlake?
The most expensive home sold in Eastlake had a price of $538,173.
What is currently the cheapest priced home in Eastlake, MI?
The cheapest home for sale in Eastlake is priced at $57,756.

Living in Eastlake, MI

Eastlake, MI is a charming lakeside community that offers a tranquil lifestyle with stunning natural scenery. Residents enjoy access to outdoor activities, particularly around Lake Michigan and the adjacent national forest. While small in size, the community thrives on its close-knit atmosphere and proximity to larger towns for essential services.

Current Market Conditions in Eastlake, MI

The real estate market in Eastlake is currently balanced, with a modest number of homes for sale and steady demand. The area has seen an increase in interest from buyers looking for summer homes or retirees due to its scenic location and peaceful environment.

Properties tend to sell relatively quickly, and there is a varied range of homes available, from quaint cottages to larger houses. The affordability compared to neighboring coastal towns makes Eastlake an attractive option for families looking for a serene lifestyle.

Home Value Estimator For Eastlake, MI

There are currently 54 real estate properties in Eastlake, MI, with a median automated valuation model (AVM) price of $184,953.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Eastlake, 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 Eastlake, MI, is $188,788.00, with the most expensive house in Eastlake, MI, topping out at $538,173.00 and the cheapest home in Eastlake, MI, clocking in at $57,756.00. In other words, there’s something for every potential homebuyer or savvy investor in Eastlake, MI!

Rent Prices In Eastlake, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Eastlake, MI, is on a rollercoaster ride. The average rent price in Eastlake, MI, is $1,358.00. Indeed, when looking to rent in Eastlake, MI, you can expect to pay as little as $1,230.00 or as much as $1,570.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Eastlake, 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.

Eastlake, MI Foreclosures


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