Foster City, MI Foreclosures
How much do homes sell for in Foster City, MI?
The average home price is currently $176,871.
What’s the average rental cost in Foster City, MI?
The average rental price in Foster City is $1,289.
What is the most expensive home in Foster City?
The most expensive home sold in Foster City had a price of $564,293.
What is currently the cheapest priced home in Foster City, MI?
The cheapest home for sale in Foster City is priced at $25,386.
Living in Foster City, MI
Foster City, MI is a charming lakeside community perfect for families and outdoor enthusiasts. Known for its beautiful natural scenery and friendly neighborhoods, it offers various recreational activities that promote a healthy lifestyle. With a close-knit atmosphere and essential amenities, it is a great place to call home.
Current Market Conditions in Foster City, MI
The real estate market in Foster City has experienced a gradual increase in home prices over the past year, indicating rising demand. The combination of its scenic location and community amenities has made it a desirable area among homebuyers.
In recent months, homes that are well-priced and well-maintained are selling quickly, often within weeks of listing. The low inventory of available homes is contributing to a competitive market, and buyers are encouraged to act quickly when they find a property that meets their needs.
Home Value Estimator For Foster City, MI
There are currently 214 real estate properties
in Foster City, MI,
with a median automated valuation model (AVM) price
of $164,031.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Foster City, 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 Foster City, MI,
is $176,871.00, with the most expensive house
in Foster City, MI, topping out
at $564,293.00 and the cheapest home
in Foster City, MI,
clocking in at $25,386.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Foster City, MI!
Rent Prices
In Foster City, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Foster City, MI, is on
a rollercoaster ride. The
average rent price in Foster City, MI,
is $1,289.00. Indeed, when looking to rent in
Foster City, MI, you can expect to pay as little
as $710.00 or as much
as $2,140.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Foster City, 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.