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Foreclosure Homes in Harbor Springs, MI

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Harbor Springs, MI Foreclosures

Current Market Conditions in in Harbor Springs, MI As of March 2026?
This past month, the Harbor Springs real estate market has continued to demonstrate resilience despite broader economic uncertainties. Home prices have appreciated slightly, driven by ongoing demand and a limited supply of available listings. Interesting shifts are being observed where waterfront properties are particularly in high demand, causing some listings to go under contract within days. The overall inventory remains low, which suggests that buyers will need to act fast to secure their desired homes. As the summer season approaches, it's expected that the seasonal influx of buyers will fuel market activity further, setting the stage for a competitive market moving forward.
How much do homes sell for in Harbor Springs, MI?
The average home price is currently $847,041.
In Harbor Springs, MI, how many homes are available?
There are currently 1 active home listings available in Harbor Springs.
What’s the average rental cost in Harbor Springs, MI?
The average rental price in Harbor Springs is $1,731.
What is the most expensive home in Harbor Springs?
The most expensive home sold in Harbor Springs had a price of $14,559,118.
What is currently the cheapest priced home in Harbor Springs, MI?
The cheapest home for sale in Harbor Springs is priced at $10,999.

Living in Harbor Springs, MI

Harbor Springs, MI, is a quaint lakeside city known for its stunning natural beauty and rich community culture. Residents and visitors enjoy activities such as boating and hiking, along with a vibrant downtown full of shopping and dining options. The area also prides itself on its quality educational institutions, making it an ideal place for families.

Buyer vs Seller Market in Harbor Springs, MI

The real estate market in Harbor Springs has shown steady growth over the past year, driven by an influx of buyers drawn to the area's natural beauty and community feel. Homes in the area are highly sought after, with demand outpacing supply, leading to an increase in home prices.

Currently, the market favors sellers, as competition remains high for desirable properties, especially those with waterfront access. Buyers may find that homes are going under contract quicker than in previous years, reflecting the area's desirability.

Home Value Estimator For Harbor Springs, MI

There are currently 7,523 real estate properties in Harbor Springs, MI, with a median automated valuation model (AVM) price of $490,175.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Harbor Springs, 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 Harbor Springs, MI, is $847,041.00, with the most expensive house in Harbor Springs, MI, topping out at $14,559,118.00 and the cheapest home in Harbor Springs, MI, clocking in at $10,999.00. In other words, there’s something for every potential homebuyer or savvy investor in Harbor Springs, MI!

Rent Prices In Harbor Springs, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Harbor Springs, MI, is on a rollercoaster ride. The average rent price in Harbor Springs, MI, is $1,731.00. Indeed, when looking to rent in Harbor Springs, MI, you can expect to pay as little as $690.00 or as much as $3,980.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Harbor Springs, 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.

Harbor Springs, MI Foreclosures

Market Trend for Harbor Springs, MI

Total Listings Available: 1

Market Values:

Home Prices from $10,999 to $14,559,118

Average Sales Price: $847,041

Rental Values:

Rental from $690 to $3,980

Average Rent Value: $1,731 / month

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