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Land Foreclosures in Germfask, MI

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Germfask, MI Foreclosures

How much do homes sell for in Germfask, MI?
The average home price is currently $222,926.
What’s the average rental cost in Germfask, MI?
The average rental price in Germfask is $1,211.
What is the most expensive home in Germfask?
The most expensive home sold in Germfask had a price of $1,020,459.
What is currently the cheapest priced home in Germfask, MI?
The cheapest home for sale in Germfask is priced at $35,894.

Living in Germfask, MI

Germfask, MI is a picturesque small town set in the Upper Peninsula of Michigan, known for its stunning natural surroundings and outdoor activities. Perfect for those who enjoy a tranquil lifestyle, Germfask offers close-knit community vibes alongside beautiful rivers and forests. With a range of local amenities and recreational options, it's an ideal location for families and nature lovers alike.

Current Market Conditions in Germfask, MI

The real estate market in Germfask is currently stable with a modest level of activity. Prices remain fairly affordable, making it attractive for first-time buyers and retirees looking for a serene setting. Seasonal fluctuations typically see an increase in interest during warmer months, primarily driven by those looking for vacation homes or permanent residences in scenic areas.

There has been a notable trend towards increased investment in local properties, with homebuyers drawn to the abundant outdoor recreational opportunities. The market is showing signs of gradual appreciation as more people discover the charm of small-town living in rural Michigan.

Home Value Estimator For Germfask, MI

There are currently 597 real estate properties in Germfask, MI, with a median automated valuation model (AVM) price of $203,568.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Germfask, 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 Germfask, MI, is $222,926.00, with the most expensive house in Germfask, MI, topping out at $1,020,459.00 and the cheapest home in Germfask, MI, clocking in at $35,894.00. In other words, there’s something for every potential homebuyer or savvy investor in Germfask, MI!

Rent Prices In Germfask, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Germfask, MI, is on a rollercoaster ride. The average rent price in Germfask, MI, is $1,211.00. Indeed, when looking to rent in Germfask, MI, you can expect to pay as little as $800.00 or as much as $1,680.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Germfask, 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.

Germfask, MI Land


Market Trend for Germfask, MI

Total Listings Available: 0

Market Values:

Home Prices from $35,894 to $1,020,459

Average Sales Price: $222,926

Rental Values:

Rental from $800 to $1,680

Average Rent Value: $1,211 / month

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