Genesee, MI Foreclosures
How much do homes sell for in Genesee, MI?
The average home price is currently $166,675.
In Genesee, MI, how many homes are available?
There are currently 899 active home listings available in Genesee.
What’s the average rental cost in Genesee, MI?
The average rental price in Genesee is $1,318.
What is the most expensive home in Genesee?
The most expensive home sold in Genesee had a price of $858,016.
What is currently the cheapest priced home in Genesee, MI?
The cheapest home for sale in Genesee is priced at $51,400.
Living in Genesee, MI
Genesee, MI, is a small city offering a tight-knit community and an abundance of recreational opportunities. With its excellent schools and family-friendly atmosphere, it is an appealing choice for families. The area is easily accessible, with a variety of amenities that cater to all residents.
Current Market Conditions in Genesee, MI
The real estate market in Genesee has shown steady growth over the past few years, with a noticeable increase in demand for single-family homes. This trend has encouraged both new construction and rehabilitation of older properties, resulting in a vibrant housing market.
Interest rates remain competitive, making it an attractive time for buyers to invest in real estate. Additionally, the local economy has been stable, contributing to increased home buyer confidence.
Home Value Estimator For Genesee, MI
There are currently 258 real estate properties
in Genesee, MI,
with a median automated valuation model (AVM) price
of $149,880.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Genesee, 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 Genesee, MI,
is $166,675.00, with the most expensive house
in Genesee, MI, topping out
at $858,016.00 and the cheapest home
in Genesee, MI,
clocking in at $51,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Genesee, MI!
Rent Prices
In Genesee, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Genesee, MI, is on
a rollercoaster ride. The
average rent price in Genesee, MI,
is $1,318.00. Indeed, when looking to rent in
Genesee, MI, you can expect to pay as little
as $860.00 or as much
as $1,590.00,
with the average rent median estimated to
be $1,420.00. The good news is that finding
an affordable and desirable property to rent in Genesee, 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.
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