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Foreclosure Homes in Hope, MI

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Hope, MI Foreclosures

How much do homes sell for in Hope, MI?
The average home price is currently $231,732.
In Hope, MI, how many homes are available?
There are currently 1 active home listings available in Hope.
What’s the average rental cost in Hope, MI?
The average rental price in Hope is $1,325.
What is the most expensive home in Hope?
The most expensive home sold in Hope had a price of $1,180,702.
What is currently the cheapest priced home in Hope, MI?
The cheapest home for sale in Hope is priced at $16,435.

Living in Hope, MI

Hope, Michigan, is a peaceful and family-friendly community offering a blend of rural charm and outdoor recreation. With beautiful parks, a strong local economy, and friendly neighbors, it's an ideal place to call home. The area is known for its low crime rate and a welcoming atmosphere, making it great for families.

Current Market Conditions in Hope, MI

Currently, the real estate market in Hope is quite stable, with a variety of homes available for different budgets. The demand for houses has remained consistent as more people are looking for a serene environment away from the hustle and bustle of city life.

Home values have shown a modest increase over the past year, reflecting the area's appeal as a desirable place to live. Investment in the community has led to improvements in local amenities, further driving interest in the housing market.

It's worth noting that prospective buyers are enjoying favorable mortgage rates, which has made home buying more accessible for many in the area.

Home Value Estimator For Hope, MI

There are currently 1,033 real estate properties in Hope, MI, with a median automated valuation model (AVM) price of $202,554.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hope, 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 Hope, MI, is $231,732.00, with the most expensive house in Hope, MI, topping out at $1,180,702.00 and the cheapest home in Hope, MI, clocking in at $16,435.00. In other words, there’s something for every potential homebuyer or savvy investor in Hope, MI!

Rent Prices In Hope, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hope, MI, is on a rollercoaster ride. The average rent price in Hope, MI, is $1,325.00. Indeed, when looking to rent in Hope, MI, you can expect to pay as little as $920.00 or as much as $2,390.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Hope, 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.

Hope, MI Foreclosures


Market Trend for Hope, MI

Total Listings Available: 1

Market Values:

Home Prices from $16,435 to $1,180,702

Average Sales Price: $231,732

Rental Values:

Rental from $920 to $2,390

Average Rent Value: $1,325 / month

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