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Foreclosure Homes in Gibraltar, MI

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Gibraltar, MI Foreclosures

How much do homes sell for in Gibraltar, MI?
The average home price is currently $289,096.
In Gibraltar, MI, how many homes are available?
There are currently 10 active home listings available in Gibraltar.
What’s the average rental cost in Gibraltar, MI?
The average rental price in Gibraltar is $1,503.
What is the most expensive home in Gibraltar?
The most expensive home sold in Gibraltar had a price of $566,600.
What is currently the cheapest priced home in Gibraltar, MI?
The cheapest home for sale in Gibraltar is priced at $21,227.

Living in Gibraltar, MI

Gibraltar, MI, is a picturesque community with a friendly atmosphere, offering breathtaking waterfront views and numerous outdoor activities. Residents enjoy a range of amenities, excellent schools, and convenient transportation options for commuting. This city combines a small-town feel with easy access to urban conveniences, making it an attractive place to live and invest in real estate.

Current Market Conditions in Gibraltar, MI

The real estate market in Gibraltar has shown consistent growth over the past few years, driven by increasing demand for affordable housing in waterfront communities. With a mix of single-family homes and townhouses, investors have diverse options for properties that cater to various buyers.

The average home prices in Gibraltar are competitive compared to neighboring areas, making it a prime location for investment opportunities. Continued development and improvements in local infrastructure suggest a positive outlook for future appreciation in property values.

Home Value Estimator For Gibraltar, MI

There are currently 347 real estate properties in Gibraltar, MI, with a median automated valuation model (AVM) price of $223,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gibraltar, 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 Gibraltar, MI, is $289,096.00, with the most expensive house in Gibraltar, MI, topping out at $566,600.00 and the cheapest home in Gibraltar, MI, clocking in at $21,227.00. In other words, there’s something for every potential homebuyer or savvy investor in Gibraltar, MI!

Rent Prices In Gibraltar, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gibraltar, MI, is on a rollercoaster ride. The average rent price in Gibraltar, MI, is $1,503.00. Indeed, when looking to rent in Gibraltar, MI, you can expect to pay as little as $1,020.00 or as much as $1,600.00, with the average rent median estimated to be $1,530.00. The good news is that finding an affordable and desirable property to rent in Gibraltar, 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.

Gibraltar, MI Foreclosures


Market Trend for Gibraltar, MI

Total Listings Available: 10

Market Values:

Home Prices from $21,227 to $566,600

Average Sales Price: $289,096

Rental Values:

Rental from $1,020 to $1,600

Average Rent Value: $1,503 / month

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