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Foreclosure Homes in Elsie, MI

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Elsie, MI Foreclosures

Current Market Conditions in Elsie, MI as of May 2026?
Home values: +0.98% MoM; rent: +0.00% MoM.
How much do homes sell for in Elsie, MI?
The average home price is currently $231,816.
In Elsie, MI, how many homes are available?
There are currently 3 active home listings available in Elsie.
What’s the average rental cost in Elsie, MI?
The average rental price in Elsie is $1,434.
What is the most expensive home in Elsie?
The most expensive home sold in Elsie had a price of $1,638,119.
What is currently the cheapest priced home in Elsie, MI?
The cheapest home for sale in Elsie is priced at $10,653.

Living in Elsie, MI

Elsie is a small Mid-Michigan village offering affordable housing, rural surroundings, and access to nearby employment and services in St. Johns, Owosso, Alma, and Lansing.

Buyer vs Seller Market in Elsie, MI

Median home value: $187,350 as of 2026-05-14.

Median rent: $1,410 as of 2026-05-14.

Home values: +0.98% MoM, +7.51% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Elsie, MI

There are currently 1,467 real estate properties in Elsie, MI, with a median automated valuation model (AVM) price of $187,350.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elsie, 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 Elsie, MI, is $231,816.00, with the most expensive house in Elsie, MI, topping out at $1,638,119.00 and the cheapest home in Elsie, MI, clocking in at $10,653.00. In other words, there’s something for every potential homebuyer or savvy investor in Elsie, MI!

Rent Prices In Elsie, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elsie, MI, is on a rollercoaster ride. The average rent price in Elsie, MI, is $1,434.00. Indeed, when looking to rent in Elsie, MI, you can expect to pay as little as $790.00 or as much as $2,560.00, 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 Elsie, 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.

Elsie, MI Foreclosures

Market Trend for Elsie, MI

Total Listings Available: 3

Market Values:

Home Prices from $10,653 to $1,638,119

Average Sales Price: $231,816

Rental Values:

Rental from $790 to $2,560

Average Rent Value: $1,434 / month

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