Fair Haven, MI Foreclosures
How much do homes sell for in Fair Haven, MI?
The average home price is currently $298,413.
What’s the average rental cost in Fair Haven, MI?
The average rental price in Fair Haven is $1,192.
What is the most expensive home in Fair Haven?
The most expensive home sold in Fair Haven had a price of $542,609.
What is currently the cheapest priced home in Fair Haven, MI?
The cheapest home for sale in Fair Haven is priced at $58,528.
Living in Fair Haven, MI
Fair Haven, MI is a picturesque lakeside community that offers a serene lifestyle with plenty of outdoor activities and strong community bonds. It features local shops, parks, and well-rated schools, making it an ideal location for families. Experience the charm and tranquility of life by the water in this hidden gem of St. Clair County.
Current Market Conditions in Fair Haven, MI
The real estate market in Fair Haven is currently thriving with a steady increase in property values. Recent trends indicate that buyers are drawn to the affordable lakefront properties and the tranquil lifestyle that Fair Haven offers. The demand for homes in this area remains strong, with a lower inventory leading to quicker sales, and many homes are receiving multiple offers.
Due to Fair Haven's proximity to the water, there has been a growing interest in purchasing vacation homes, further driving the market's competitiveness. Overall, the area is seen as a hidden gem for real estate investment with increasing property appreciation.
Home Value Estimator For Fair Haven, MI
There are currently 47 real estate properties
in Fair Haven, MI,
with a median automated valuation model (AVM) price
of $307,134.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fair Haven, 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 Fair Haven, MI,
is $298,413.00, with the most expensive house
in Fair Haven, MI, topping out
at $542,609.00 and the cheapest home
in Fair Haven, MI,
clocking in at $58,528.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fair Haven, MI!
Rent Prices
In Fair Haven, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fair Haven, MI, is on
a rollercoaster ride. The
average rent price in Fair Haven, MI,
is $1,192.00. Indeed, when looking to rent in
Fair Haven, MI, you can expect to pay as little
as $800.00 or as much
as $1,580.00,
with the average rent median estimated to
be $1,150.00. The good news is that finding
an affordable and desirable property to rent in Fair Haven, 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.
Learn more on Foreclosure homes
