Fostoria, MI Foreclosures
How much do homes sell for in Fostoria, MI?
The average home price is currently $214,635.
In Fostoria, MI, how many homes are available?
There are currently 5 active home listings available in Fostoria.
What’s the average rental cost in Fostoria, MI?
The average rental price in Fostoria is $1,242.
What is the most expensive home in Fostoria?
The most expensive home sold in Fostoria had a price of $833,000.
What is currently the cheapest priced home in Fostoria, MI?
The cheapest home for sale in Fostoria is priced at $16,356.
Living in Fostoria, MI
Fostoria, MI is a quaint and friendly town that offers a peaceful rural lifestyle with an abundance of outdoor activities. Residents enjoy a strong sense of community, local amenities, and easy access to larger urban centers. With its beautiful surroundings and welcoming atmosphere, Fostoria is an ideal place for families or those looking to enjoy a slower pace of life.
Current Market Conditions in Fostoria, MI
The real estate market in Fostoria has seen a steady increase in demand over the past few years, driven by individuals and families seeking a quieter lifestyle away from urban centers. Homes are generally more affordable compared to nearby cities, making it an attractive area for first-time homebuyers and retirees alike.
Inventory is currently low, with properties being sold quickly, often above asking price. The demand for single-family homes is particularly strong, as buyers are drawn to the area's ample outdoor recreation opportunities and community-oriented living.
Home Value Estimator For Fostoria, MI
There are currently 762 real estate properties
in Fostoria, MI,
with a median automated valuation model (AVM) price
of $197,927.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fostoria, 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 Fostoria, MI,
is $214,635.00, with the most expensive house
in Fostoria, MI, topping out
at $833,000.00 and the cheapest home
in Fostoria, MI,
clocking in at $16,356.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fostoria, MI!
Rent Prices
In Fostoria, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fostoria, MI, is on
a rollercoaster ride. The
average rent price in Fostoria, MI,
is $1,242.00. Indeed, when looking to rent in
Fostoria, MI, you can expect to pay as little
as $520.00 or as much
as $2,020.00,
with the average rent median estimated to
be $1,310.00. The good news is that finding
an affordable and desirable property to rent in Fostoria, 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
