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Short Sale Listings 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 24 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 small-town charm with a rich community spirit. The area boasts a mix of residential homes and rural landscapes, providing a peaceful living environment. Residents enjoy local shopping, community events, and beautiful parks, making it a desirable place for families and retirees alike.

Current Market Conditions in Imlay City, MI

The real estate market in Imlay City has remained steady, with a healthy mix of buyers and sellers. The region has seen an increase in homebuyers looking for affordable housing, driven by low-interest rates and a desire for more spacious living environments as remote work becomes more common.

In recent months, demand for homes in Imlay City has surged, leading to a competitive market. Home prices have seen moderate appreciation, and properties are selling faster than in previous years. The appeal of small-town living combined with easy access to larger cities is attracting more families and individuals.

Overall, Imlay City remains an attractive option for homebuyers seeking a blend of rural charm and suburban convenience.

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 Short Sale Listings

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