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Foreclosure Homes in Hubbard Lake, MI 49747

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Hubbard Lake, MI Foreclosures

How much do homes sell for in Hubbard Lake, MI?
The average home price is currently $316,400.
What’s the average rental cost in Hubbard Lake, MI?
The average rental price in Hubbard Lake is $1,517.
What is the most expensive home in Hubbard Lake?
The most expensive home sold in Hubbard Lake had a price of $2,580,800.
What is currently the cheapest priced home in Hubbard Lake, MI?
The cheapest home for sale in Hubbard Lake is priced at $22,975.

Living in Hubbard Lake, MI

Hubbard Lake is a picturesque community in Alcona County, Michigan, surrounded by natural beauty and offering a peaceful lakeside lifestyle. It's perfect for families and outdoor enthusiasts alike, with plenty of activities like fishing and boating, while small local businesses provide daily conveniences.

Current Market Conditions in Hubbard Lake, MI

The real estate market in Hubbard Lake has been witnessing a steady increase in demand as more people seek second homes or permanent residences in a tranquil setting. The market is characterized by a mix of summer cottages and year-round homes, appealing to various buyer demographics seeking a quaint lifestyle.

Currently, home prices in Hubbard Lake are reasonable compared to nearby cities, making it an attractive spot for both first-time homebuyers and retirees looking to settle in a peaceful community. There has been a noticeable shift towards buyers investing in vacation properties here, as the area's natural beauty serves as a significant draw.

Home Value Estimator For Hubbard Lake, MI

There are currently 1,366 real estate properties in Hubbard Lake, MI, with a median automated valuation model (AVM) price of $226,656.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hubbard Lake, 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 Hubbard Lake, MI, is $316,400.00, with the most expensive house in Hubbard Lake, MI, topping out at $2,580,800.00 and the cheapest home in Hubbard Lake, MI, clocking in at $22,975.00. In other words, there’s something for every potential homebuyer or savvy investor in Hubbard Lake, MI!

Rent Prices In Hubbard Lake, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hubbard Lake, MI, is on a rollercoaster ride. The average rent price in Hubbard Lake, MI, is $1,517.00. Indeed, when looking to rent in Hubbard Lake, MI, you can expect to pay as little as $710.00 or as much as $2,090.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Hubbard Lake, 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.

Hubbard Lake, MI 49747 Foreclosures

Market Trend for Hubbard Lake, MI

Total Listings Available: 0

Market Values:

Home Prices from $22,975 to $2,580,800

Average Sales Price: $316,400

Rental Values:

Rental from $710 to $2,090

Average Rent Value: $1,517 / month

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