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Preforeclosure Homes in Imlay City, MI 48444

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Imlay City, MI Foreclosures

How much do homes sell for in Imlay City, MI?
The average home price is currently $282,711.
In Imlay City, MI, how many homes are available?
There are currently 4 active home listings available in Imlay City.
What’s the average rental cost in Imlay City, MI?
The average rental price in Imlay City is $1,182.
What is the most expensive home in Imlay City?
The most expensive home sold in Imlay City had a price of $1,164,715.
What is currently the cheapest priced home in Imlay City, MI?
The cheapest home for sale in Imlay City is priced at $19,671.

Living in Imlay City, MI

Imlay City, located in Lapeer County, Michigan, offers a blend of small-town charm and a close-knit community. The city features local shops, parks, and a rich history that attracts residents seeking a peaceful lifestyle. With easy access to major highways, commuting to nearby cities is simple and convenient.

Current Market Conditions in Imlay City, MI

The real estate market in Imlay City is currently experiencing steady growth, with an increase in demand for single-family homes. The average home prices have seen a slight uptick over the past few months, attributed to the town's increasing popularity among families and retirees alike.

In general, the market leans towards a seller's market, with a moderate inventory of homes available. This is driven by the area's affordability and appeal, making it an attractive choice for first-time homebuyers.

Home Value Estimator For Imlay City, MI

There are currently 2,823 real estate properties in Imlay City, MI, with a median automated valuation model (AVM) price of $270,952.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Imlay City, 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 Imlay City, MI, is $282,711.00, with the most expensive house in Imlay City, MI, topping out at $1,164,715.00 and the cheapest home in Imlay City, MI, clocking in at $19,671.00. In other words, there’s something for every potential homebuyer or savvy investor in Imlay City, MI!

Rent Prices In Imlay City, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Imlay City, MI, is on a rollercoaster ride. The average rent price in Imlay City, MI, is $1,182.00. Indeed, when looking to rent in Imlay City, MI, you can expect to pay as little as $430.00 or as much as $2,220.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Imlay City, 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.

Imlay City, MI 48444 Preforeclosure Homes


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