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Foreclosure Homes in Ellsworth, MI 49729

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Ellsworth, MI Foreclosures

How much do homes sell for in Ellsworth, MI?
The average home price is currently $432,160.
In Ellsworth, MI, how many homes are available?
There are currently 1 active home listings available in Ellsworth.
What’s the average rental cost in Ellsworth, MI?
The average rental price in Ellsworth is $1,566.
What is the most expensive home in Ellsworth?
The most expensive home sold in Ellsworth had a price of $4,242,373.
What is currently the cheapest priced home in Ellsworth, MI?
The cheapest home for sale in Ellsworth is priced at $30,672.

Living in Ellsworth, MI

Ellsworth, Michigan is a picturesque small town that boasts a welcoming community and an abundance of recreational opportunities. Nestled within the scenic beauty of Northern Michigan, residents can enjoy outdoor adventures and local events throughout the year. With good schools and a peaceful atmosphere, it's an ideal place for families and nature enthusiasts.

Current Market Conditions in Ellsworth, MI

The current real estate market in Ellsworth is fairly stable, with a balanced supply and demand. Homes are enjoying moderate appreciation, and buyers are showing increased interest in properties that offer proximity to outdoor activities and community amenities.

Trends indicate a growing interest in vacation homes in the Ellsworth area, driven by both seasonal visitors and those looking to relocate for a quieter lifestyle. The demand for affordable properties is climbing, which is influencing both the number of listings and the pricing in the market.

Home Value Estimator For Ellsworth, MI

There are currently 902 real estate properties in Ellsworth, MI, with a median automated valuation model (AVM) price of $289,766.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ellsworth, 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 Ellsworth, MI, is $432,160.00, with the most expensive house in Ellsworth, MI, topping out at $4,242,373.00 and the cheapest home in Ellsworth, MI, clocking in at $30,672.00. In other words, there’s something for every potential homebuyer or savvy investor in Ellsworth, MI!

Rent Prices In Ellsworth, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ellsworth, MI, is on a rollercoaster ride. The average rent price in Ellsworth, MI, is $1,566.00. Indeed, when looking to rent in Ellsworth, MI, you can expect to pay as little as $740.00 or as much as $3,060.00, 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 Ellsworth, 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.

Ellsworth, MI 49729 Foreclosures


Market Trend for Ellsworth, MI

Total Listings Available: 1

Market Values:

Home Prices from $30,672 to $4,242,373

Average Sales Price: $432,160

Rental Values:

Rental from $740 to $3,060

Average Rent Value: $1,566 / month

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