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City-owned Homes And Land in Frederic, MI

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Frederic, MI Foreclosures

Current Market Conditions in Frederic, MI as of August 2026?
Home values: +5.04% MoM; rent: +0.00% MoM.
How much do homes sell for in Frederic, MI?
The average home price is currently $212,036.
In Frederic, MI, how many homes are available?
There are currently 3 active home listings available in Frederic.
What’s the average rental cost in Frederic, MI?
The average rental price in Frederic is $1,338.
What is the most expensive home in Frederic?
The most expensive home sold in Frederic had a price of $3,408,873.
What is currently the cheapest priced home in Frederic, MI?
The cheapest home for sale in Frederic is priced at $11,505.

Living in Frederic, MI

Frederic, MI is a rural Northern Michigan market with forest access, recreation appeal, and convenient proximity to Grayling, Gaylord, and I-75.

Buyer vs Seller Market in Frederic, MI

Median home value: $190,345 as of 2026-08-14.

Median rent: $1,330 as of 2026-08-14.

Home values: +5.04% MoM, +2.15% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Frederic, MI

There are currently 1,593 real estate properties in Frederic, MI, with a median automated valuation model (AVM) price of $190,345.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Frederic, 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 Frederic, MI, is $212,036.00, with the most expensive house in Frederic, MI, topping out at $3,408,873.00 and the cheapest home in Frederic, MI, clocking in at $11,505.00. In other words, there’s something for every potential homebuyer or savvy investor in Frederic, MI!

Rent Prices In Frederic, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Frederic, MI, is on a rollercoaster ride. The average rent price in Frederic, MI, is $1,338.00. Indeed, when looking to rent in Frederic, MI, you can expect to pay as little as $600.00 or as much as $2,400.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Frederic, 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.

Frederic, MI City-owned Homes And Land


Frederic, MI
City-Owned Homes and Land Market

Listings  3

Area price range
$11,505 – $3,408,873
Avg market value
$212,036
Property types
Homes & Land
Sale method
Auction / Bid / RFP

In Frederic, MI, city-owned homes and land are sold by the municipality or a public land bank — often below the surrounding market, where home values typically range $11,505 to $3,408,873 (averaging about $212,036). Inventory can include vacant lots, tax-foreclosed homes, and surplus parcels offered through public auctions, sealed bids, or request-for-proposal programs.

  • Active inventory: 3 city-owned properties currently available in Frederic.
  • Below market: Municipal sales prioritize redevelopment over profit, so prices can fall under the ~$212,036 local average.
  • Buyer note: Listings may carry use restrictions or rehabilitation requirements — review the terms before you bid.
At-a-glance: Local avg value: $212,036 • Sold via auction, sealed bid, or RFP

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