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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 $397,112.
In Interlochen, MI, how many homes are available?
There are currently 4 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 $3,116,233.
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 is a charming community located in northern Michigan, known for its beautiful lakes and rich musical heritage. The area offers a peaceful, small-town atmosphere with convenient access to recreational activities including hiking, fishing, and boating. Residents enjoy a close-knit community with cultural events and festivals throughout the year.

Current Market Conditions in Interlochen, MI

The Interlochen real estate market has seen steady interest due to its appealing lifestyle and natural surroundings. Recently, home prices have experienced an upward trend as more buyers seek properties in scenic areas, leading to increased competition among buyers. The market is particularly attractive for both full-time residents and seasonal visitors.

In terms of housing inventory, there has been a slight decrease, making it more challenging for buyers to find available homes. However, the charm and character of Interlochen continue to draw interest, and homes in good condition are often quickly snapped up.

Home Value Estimator For Interlochen, MI

There are currently 3,283 real estate properties in Interlochen, MI, with a median automated valuation model (AVM) price of $338,514.00. 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 $397,112.00, with the most expensive house in Interlochen, MI, topping out at $3,116,233.00 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: 4

Market Values:

Home Prices from $21,865 to $3,116,233

Average Sales Price: $397,112

Rental Values:

Rental from $600 to $2,660

Average Rent Value: $1,333 / month

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