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Rent To Own Homes in Foster City, MI

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Foster City, MI Foreclosures

How much do homes sell for in Foster City, MI?
The average home price is currently $181,228.
In Foster City, MI, how many homes are available?
There are currently 1 active home listings available in Foster City.
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 $431,761.
What is currently the cheapest priced home in Foster City, MI?
The cheapest home for sale in Foster City is priced at $27,731.

Living in Foster City, MI

Foster City, Michigan is a charming residential community located in the Upper Peninsula, known for its picturesque lakeside views and outdoor recreation. The friendly atmosphere and a range of local amenities make it a desirable place for families and retirees. With easy access to natural attractions and a close-knit community, Foster City offers a serene lifestyle.

Current Market Conditions in Foster City, MI

The real estate market in Foster City has remained stable, with home values reflecting a modest increase over the past year as more people discover the picturesque charm of this Upper Peninsula community. The demand for waterfront properties remains strong as buyers look for serene living close to nature.

Current inventory levels have stayed relatively low, resulting in a competitive market for buyers. This is particularly true for homes near the lake, where properties are highly sought after for their views and access to recreational activities.

Home Value Estimator For Foster City, MI

There are currently 93 real estate properties in Foster City, MI, with a median automated valuation model (AVM) price of $172,300.00. 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 $181,228.00, with the most expensive house in Foster City, MI, topping out at $431,761.00 and the cheapest home in Foster City, MI, clocking in at $27,731.00. 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.

Foster City, MI Rent To Own Homes

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