Idlewild, MI Foreclosures
How much do homes sell for in Idlewild, MI?
The average home price is currently $105,489.
What’s the average rental cost in Idlewild, MI?
The average rental price in Idlewild is $1,172.
What is the most expensive home in Idlewild?
The most expensive home sold in Idlewild had a price of $718,317.
What is currently the cheapest priced home in Idlewild, MI?
The cheapest home for sale in Idlewild is priced at $17,778.
Living in Idlewild, MI
Idlewild, MI, is a small, friendly community known for its tranquil natural beauty and recreational opportunities. Nestled in Lake County, it offers a unique blend of outdoor activities and cultural events, making it perfect for a weekend retreat or permanent residence. Residents enjoy a peaceful lifestyle surrounded by woods and water, reflecting a true embrace of Michigan's landscapes.
Current Market Conditions in Idlewild, MI
The real estate market in Idlewild, MI, is currently experiencing a consistent interest due to its scenic attractions and potential for summer homes or year-round residencies. Properties here tend to appeal to those looking for affordable vacation homes or properties for rental income, particularly in the warmer months.
In recent months, there has been a noticeable uptick in home purchases, particularly among retirees and younger families alike. The demand for properties has increased, resulting in some bidding wars for well-located homes, more so as the local economy sees a gradual recovery. It's a favorable time to sell, with home prices gradually climbing.
Home Value Estimator For Idlewild, MI
There are currently 860 real estate properties
in Idlewild, MI,
with a median automated valuation model (AVM) price
of $86,997.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Idlewild, 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 Idlewild, MI,
is $105,489.00, with the most expensive house
in Idlewild, MI, topping out
at $718,317.00 and the cheapest home
in Idlewild, MI,
clocking in at $17,778.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Idlewild, MI!
Rent Prices
In Idlewild, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Idlewild, MI, is on
a rollercoaster ride. The
average rent price in Idlewild, MI,
is $1,172.00. Indeed, when looking to rent in
Idlewild, MI, you can expect to pay as little
as $630.00 or as much
as $1,810.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Idlewild, 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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