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Foreclosure Homes in Escanaba, MI 49829

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Escanaba, MI Foreclosures

How much do homes sell for in Escanaba, MI?
The average home price is currently $195,237.
In Escanaba, MI, how many homes are available?
There are currently 9 active home listings available in Escanaba.
What’s the average rental cost in Escanaba, MI?
The average rental price in Escanaba is $1,363.
What is the most expensive home in Escanaba?
The most expensive home sold in Escanaba had a price of $8,726,300.
What is currently the cheapest priced home in Escanaba, MI?
The cheapest home for sale in Escanaba is priced at $13,711.

Living in Escanaba, MI

Escanaba, Michigan, is a picturesque city in the Upper Peninsula known for its natural beauty and community spirit. With a friendly atmosphere and numerous outdoor activities, it offers a peaceful lifestyle with access to gorgeous parks and recreational areas. The town is perfect for families and those looking to connect with nature.

Current Market Conditions in Escanaba, MI

The current real estate market in Escanaba is seeing a range of activity, with increasing interest from both buyers and investors looking for vacation homes and permanent residences. The area is characterized by a steady demand for housing, with an inventory that is diminishing, leading to an upward pressure on home prices in recent months. Sellers are experiencing favorable conditions, with homes often receiving multiple offers.

New developments are also emerging in Escanaba, and this trend is likely to continue as more families and professionals relocate to the area, drawn by its affordability and quality of life.

Home Value Estimator For Escanaba, MI

There are currently 6,216 real estate properties in Escanaba, MI, with a median automated valuation model (AVM) price of $170,004.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Escanaba, 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 Escanaba, MI, is $195,237.00, with the most expensive house in Escanaba, MI, topping out at $8,726,300.00 and the cheapest home in Escanaba, MI, clocking in at $13,711.00. In other words, there’s something for every potential homebuyer or savvy investor in Escanaba, MI!

Rent Prices In Escanaba, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Escanaba, MI, is on a rollercoaster ride. The average rent price in Escanaba, MI, is $1,363.00. Indeed, when looking to rent in Escanaba, MI, you can expect to pay as little as $630.00 or as much as $2,440.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Escanaba, 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.

Escanaba, MI 49829 Foreclosures


Market Trend for Escanaba, MI

Total Listings Available: 9

Market Values:

Home Prices from $13,711 to $8,726,300

Average Sales Price: $195,237

Rental Values:

Rental from $630 to $2,440

Average Rent Value: $1,363 / month

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