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Foreclosure Homes in Interlochen, MI

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Interlochen, MI Foreclosures

How much do homes sell for in Interlochen, MI?
The average home price is currently $399,714.
In Interlochen, MI, how many homes are available?
There are currently 5 active home listings available in Interlochen.
What’s the average rental cost in Interlochen, MI?
The average rental price in Interlochen is $1,333.
What is the most expensive home in Interlochen?
The most expensive home sold in Interlochen had a price of $3,146,600.
What is currently the cheapest priced home in Interlochen, MI?
The cheapest home for sale in Interlochen is priced at $21,865.

Living in Interlochen, MI

Interlochen, MI is a vibrant small community known for its breathtaking natural scenery and artistic culture, predominantly highlighted by the Interlochen Center for the Arts. Residents enjoy a variety of outdoor activities year-round, thanks to its lakes and parks. The town offers a unique small-town charm, complemented by a supportive community and proximity to larger cities like Traverse City.

Current Market Conditions in Interlochen, MI

The real estate market in Interlochen is seeing a steady growth, supported by the demand for vacation homes as well as year-round residences. Properties near the lakes are particularly sought after, leading to an increase in values and investment opportunities.

Current trends show that homes in Interlochen typically sell within a shorter time frame compared to previous years, indicating a healthy market where buyers are eager to secure their homes in this desirable area.

Home Value Estimator For Interlochen, MI

There are currently 3,555 real estate properties in Interlochen, MI, with a median automated valuation model (AVM) price of $338,792.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Interlochen, 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 Interlochen, MI, is $399,714.00, with the most expensive house in Interlochen, MI, topping out at $3,146,600.00 and the cheapest home in Interlochen, MI, clocking in at $21,865.00. In other words, there’s something for every potential homebuyer or savvy investor in Interlochen, MI!

Rent Prices In Interlochen, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Interlochen, MI, is on a rollercoaster ride. The average rent price in Interlochen, MI, is $1,333.00. Indeed, when looking to rent in Interlochen, MI, you can expect to pay as little as $600.00 or as much as $2,660.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Interlochen, 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.

Interlochen, MI Foreclosures


Market Trend for Interlochen, MI

Total Listings Available: 5

Market Values:

Home Prices from $21,865 to $3,146,600

Average Sales Price: $399,714

Rental Values:

Rental from $600 to $2,660

Average Rent Value: $1,333 / month

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