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Condo Foreclosures in Flat Rock, MI 48134

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Flat Rock, MI Foreclosures

How much do homes sell for in Flat Rock, MI?
The average home price is currently $313,638.
In Flat Rock, MI, how many homes are available?
There are currently 5 active home listings available in Flat Rock.
What’s the average rental cost in Flat Rock, MI?
The average rental price in Flat Rock is $1,386.
What is the most expensive home in Flat Rock?
The most expensive home sold in Flat Rock had a price of $6,596,625.
What is currently the cheapest priced home in Flat Rock, MI?
The cheapest home for sale in Flat Rock is priced at $14,245.

Living in Flat Rock, MI

Flat Rock, Michigan, is a charming suburban community located in Wayne County, known for its family-friendly atmosphere and strong sense of community. The area features beautiful parks, excellent schools, and affordable housing options, making it a desirable place to live. Flat Rock combines small-town charm with convenient access to larger cities, providing residents with a quiet yet connected lifestyle.

Current Market Conditions in Flat Rock, MI

The real estate market in Flat Rock has shown signs of steady growth over the past year, with home prices appreciating as demand increases. The affordable price range compared to nearby cities has attracted many first-time buyers and families looking for more space.

With properties typically selling quickly, buyers need to act fast when listings become available. Overall, Flat Rock is seen as a competitive market for homebuyers, making it essential to engage with local real estate experts.

Home Value Estimator For Flat Rock, MI

There are currently 6,737 real estate properties in Flat Rock, MI, with a median automated valuation model (AVM) price of $315,473.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Flat Rock, 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 Flat Rock, MI, is $313,638.00, with the most expensive house in Flat Rock, MI, topping out at $6,596,625.00 and the cheapest home in Flat Rock, MI, clocking in at $14,245.00. In other words, there’s something for every potential homebuyer or savvy investor in Flat Rock, MI!

Rent Prices In Flat Rock, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Flat Rock, MI, is on a rollercoaster ride. The average rent price in Flat Rock, MI, is $1,386.00. Indeed, when looking to rent in Flat Rock, MI, you can expect to pay as little as $650.00 or as much as $2,220.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Flat Rock, 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.

Flat Rock, MI 48134 Condos

Market Trend for Flat Rock, MI

Total Listings Available: 5

Market Values:

Home Prices from $14,245 to $6,596,625

Average Sales Price: $313,638

Rental Values:

Rental from $650 to $2,220

Average Rent Value: $1,386 / month

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