Elberta, MI Foreclosures
How much do homes sell for in Elberta, MI?
The average home price is currently $319,070.
In Elberta, MI, how many homes are available?
There are currently 13 active home listings available in Elberta.
What’s the average rental cost in Elberta, MI?
The average rental price in Elberta is $1,073.
What is the most expensive home in Elberta?
The most expensive home sold in Elberta had a price of $824,200.
What is currently the cheapest priced home in Elberta, MI?
The cheapest home for sale in Elberta is priced at $97,138.
Living in Elberta, MI
Elberta, MI is a picturesque village located on Lake Michigan, offering a blend of small-town charm and a vibrant community. With its beautiful parks, local shops, and access to outdoor activities, it’s an ideal location for anyone looking for a peaceful lifestyle while still being close to nature. The friendly atmosphere and community events make it a great place to call home.
Current Market Conditions in Elberta, MI
Elberta's real estate market is currently experiencing a healthy demand for homes, especially due to its appealing location near Lake Michigan. Homeowners are attracted to the village’s serene lifestyle and access to outdoor recreation, creating a competitive environment amongst home buyers. Recently, there has been a notable increase in home prices, reflecting the desirability of the area.
With more people seeking properties in quieter, nature-rich locations post-pandemic, Elberta has seen an influx in inquiries and sales. The market remains active, with a particular interest in single-family homes and beachfront properties.
Home Value Estimator For Elberta, MI
There are currently 21 real estate properties
in Elberta, MI,
with a median automated valuation model (AVM) price
of $263,401.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elberta, 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 Elberta, MI,
is $319,070.00, with the most expensive house
in Elberta, MI, topping out
at $824,200.00 and the cheapest home
in Elberta, MI,
clocking in at $97,138.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elberta, MI!
Rent Prices
In Elberta, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elberta, MI, is on
a rollercoaster ride. The
average rent price in Elberta, MI,
is $1,073.00. Indeed, when looking to rent in
Elberta, MI, you can expect to pay as little
as $920.00 or as much
as $1,510.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Elberta, 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.
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