Living in Fairgrove, MI
Fairgrove is a small village in Tuscola County, Michigan, offering a tight-knit community with a peaceful atmosphere. Nestled in the heart of rural Michigan, residents enjoy scenic views and a relaxed lifestyle. With its proximity to larger cities and abundant outdoor activities, Fairgrove is ideal for families and nature enthusiasts alike.
Current Market Conditions in Fairgrove, MI
The real estate market in Fairgrove remains stable, characterized by generally affordable home prices. Many homes in the area reflect the charming rural aesthetic, attracting buyers interested in a peaceful lifestyle. The market is slightly competitive, with new listings drawing attention, especially among first-time homebuyers and retirees looking for a quiet place to settle.
Recent trends indicate an increase in demand for homes due to its appealing rural lifestyle and accessibility to larger urban areas. As nearby cities expand, Fairgrove offers an appealing alternative for those seeking space and a slower pace of life, which may drive property values up in the near future.
Home Value Estimator For Fairgrove, MI
There are currently 728 real estate properties
in Fairgrove, MI,
with a median automated valuation model (AVM) price
of $131,095.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fairgrove, 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 Fairgrove, MI,
is $147,125.00, with the most expensive house
in Fairgrove, MI, topping out
at $2,282,541.00 and the cheapest home
in Fairgrove, MI,
clocking in at $16,680.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fairgrove, MI!
Rent Prices
In Fairgrove, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fairgrove, MI, is on
a rollercoaster ride. The
average rent price in Fairgrove, MI,
is $1,200.00. Indeed, when looking to rent in
Fairgrove, MI, you can expect to pay as little
as $880.00 or as much
as $1,940.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Fairgrove, 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.
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