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Single-family Foreclosures in Elmira, MI

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Elmira, MI Foreclosures

How much do homes sell for in Elmira, MI?
The average home price is currently $237,653.
In Elmira, MI, how many homes are available?
There are currently 1 active home listings available in Elmira.
What’s the average rental cost in Elmira, MI?
The average rental price in Elmira is $1,461.
What is the most expensive home in Elmira?
The most expensive home sold in Elmira had a price of $1,431,202.
What is currently the cheapest priced home in Elmira, MI?
The cheapest home for sale in Elmira is priced at $16,941.

Living in Elmira, MI

Elmira, MI, is a picturesque village located in Northern Michigan, offering a blend of outdoor activities and a strong sense of community. Known for its idyllic landscapes, Elmira provides affordable housing options and is easily accessible to nearby cities for more amenities. With a growing market, it’s a promising location for real estate investment.

Current Market Conditions in Elmira, MI

The real estate market in Elmira is currently experiencing moderate growth, with home prices steadily increasing as demand rises. This trend reflects a growing interest in the area from both families and investors looking for tranquil living paired with outdoor entertainment.

Investors will find that Elmira offers competitive property prices, making it a viable option for rental properties or long-term investment. Given its appeal as a quiet retreat, combined with proximity to urban amenities, it is expected that the market will continue to flourish.

Home Value Estimator For Elmira, MI

There are currently 1,439 real estate properties in Elmira, MI, with a median automated valuation model (AVM) price of $220,382.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elmira, 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 Elmira, MI, is $237,653.00, with the most expensive house in Elmira, MI, topping out at $1,431,202.00 and the cheapest home in Elmira, MI, clocking in at $16,941.00. In other words, there’s something for every potential homebuyer or savvy investor in Elmira, MI!

Rent Prices In Elmira, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elmira, MI, is on a rollercoaster ride. The average rent price in Elmira, MI, is $1,461.00. Indeed, when looking to rent in Elmira, MI, you can expect to pay as little as $590.00 or as much as $2,850.00, with the average rent median estimated to be $1,410.00. The good news is that finding an affordable and desirable property to rent in Elmira, 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.

Elmira, MI Single-family Homes


Market Trend for Elmira, MI

Total Listings Available: 1

Market Values:

Home Prices from $16,941 to $1,431,202

Average Sales Price: $237,653

Rental Values:

Rental from $590 to $2,850

Average Rent Value: $1,461 / month

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