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Cheap Homes in Empire, MI

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Empire, MI Foreclosures

How much do homes sell for in Empire, MI?
The average home price is currently $895,864.
What’s the average rental cost in Empire, MI?
The average rental price in Empire is $1,559.
What is the most expensive home in Empire?
The most expensive home sold in Empire had a price of $5,418,529.
What is currently the cheapest priced home in Empire, MI?
The cheapest home for sale in Empire is priced at $35,641.

Living in Empire, MI

Nestled along Lake Michigan, Empire, MI offers a quaint village atmosphere with stunning natural surroundings. Known for its scenic beauty, residents enjoy outdoor activities such as kayaking, hiking, and beach outings, making it perfect for nature lovers. The community is tight-knit, welcoming, and ideal for those seeking a peaceful retreat.

Current Market Conditions in Empire, MI

Empire's real estate market is experiencing a steady demand due to its appealing location near natural parklands and lakefront property. The desire for vacation homes and year-round residences alike has kept property values stable. Buyers are particularly interested in homes that offer views of Lake Michigan and easy access to recreational areas.

Home Value Estimator For Empire, MI

There are currently 1,193 real estate properties in Empire, MI, with a median automated valuation model (AVM) price of $595,410.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Empire, 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 Empire, MI, is $895,864.00, with the most expensive house in Empire, MI, topping out at $5,418,529.00 and the cheapest home in Empire, MI, clocking in at $35,641.00. In other words, there’s something for every potential homebuyer or savvy investor in Empire, MI!

Rent Prices In Empire, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Empire, MI, is on a rollercoaster ride. The average rent price in Empire, MI, is $1,559.00. Indeed, when looking to rent in Empire, MI, you can expect to pay as little as $850.00 or as much as $2,460.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Empire, 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.

Cheap Homes in Empire, MI


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