Living in Hubbell, MI
Hubbell, MI is a picturesque community situated on Lake Superior, offering a serene lifestyle enriched by abundant outdoor activities. The town features a supportive atmosphere with essential amenities and access to quality education. Residents enjoy stunning lake views and recreational opportunities that make it an attractive location for families and outdoor enthusiasts alike.
Current Market Conditions in Hubbell, MI
The real estate market in Hubbell, MI is currently experiencing a steady increase in property values, driven by the area's natural beauty and recreational amenities. Investors are finding opportunities in both residential and rental properties, with demand for vacation homes on the rise due to the area's popularity among tourists and outdoor lovers.
Active listings show a mix of affordable single-family homes and more luxurious waterfront properties, appealing to a variety of buyers. The market remains competitive, with newcomers drawn to the charm of the community and its ideal location along Lake Superior.
Home Value Estimator For Hubbell, MI
There are currently 181 real estate properties
in Hubbell, MI,
with a median automated valuation model (AVM) price
of $106,474.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hubbell, 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 Hubbell, MI,
is $126,159.00, with the most expensive house
in Hubbell, MI, topping out
at $692,204.00 and the cheapest home
in Hubbell, MI,
clocking in at $62,318.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hubbell, MI!
Rent Prices
In Hubbell, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hubbell, MI, is on
a rollercoaster ride. The
average rent price in Hubbell, MI,
is $968.00. Indeed, when looking to rent in
Hubbell, MI, you can expect to pay as little
as $820.00 or as much
as $1,720.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Hubbell, 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.
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