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Short Sale Listings in Glen Arbor, MI

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Glen Arbor, MI Foreclosures

How much do homes sell for in Glen Arbor, MI?
The average home price is currently $1,184,607.
In Glen Arbor, MI, how many homes are available?
There are currently 1 active home listings available in Glen Arbor.
What’s the average rental cost in Glen Arbor, MI?
The average rental price in Glen Arbor is $1,420.
What is the most expensive home in Glen Arbor?
The most expensive home sold in Glen Arbor had a price of $8,675,412.
What is currently the cheapest priced home in Glen Arbor, MI?
The cheapest home for sale in Glen Arbor is priced at $117,397.

Living in Glen Arbor, MI

Glen Arbor is a charming village located in Leelanau County, Michigan. Nestled along the beautiful shores of Lake Michigan, it offers a serene atmosphere with stunning natural landscapes and vibrant recreational opportunities. Residents enjoy a tight-knit community with local shops, galleries, and eateries that highlight the unique character of the area.

Current Market Conditions in Glen Arbor, MI

The real estate market in Glen Arbor has been experiencing significant demand in recent years, driven by an influx of buyers seeking vacation homes and properties that provide both natural beauty and a peaceful lifestyle. The limited availability of homes for sale has contributed to rising prices, pushing buyers to act quickly when suitable listings become available. Many properties are being sold at or above asking price, particularly those situated near the water or offering panoramic views of the surrounding landscapes.

Increasing interest from out-of-state buyers looking for summer retreats has further fueled the market, leading to competition among potential buyers. Investors are also considering Glen Arbor due to its high rental potential, particularly for short-term vacation rentals. As the area grows in popularity, maintaining the delicate balance between preserving local character while supporting development remains essential.

Home Value Estimator For Glen Arbor, MI

There are currently 1,209 real estate properties in Glen Arbor, MI, with a median automated valuation model (AVM) price of $820,345.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Glen Arbor, 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 Glen Arbor, MI, is $1,184,607.00, with the most expensive house in Glen Arbor, MI, topping out at $8,675,412.00 and the cheapest home in Glen Arbor, MI, clocking in at $117,397.00. In other words, there’s something for every potential homebuyer or savvy investor in Glen Arbor, MI!

Rent Prices In Glen Arbor, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Glen Arbor, MI, is on a rollercoaster ride. The average rent price in Glen Arbor, MI, is $1,420.00. Indeed, when looking to rent in Glen Arbor, MI, you can expect to pay as little as $750.00 or as much as $2,600.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Glen Arbor, 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.

Glen Arbor, MI Short Sale Listings


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