Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Ishpeming, MI. There are 10 discounted homes for sale in Ishpeming, MI we think you'll love.
Ishpeming, MI is a quaint city nestled in Michigan's Upper Peninsula, famous for its outdoor recreational activities and rich mining history. With its picturesque landscapes and welcoming community, residents enjoy year-round activities whether it be enjoying the local ski slopes or summer fishing in nearby lakes. This area combines a peaceful lifestyle with access to nature's beauty.
There are currently 5,434 real estate properties in Ishpeming, MI, with a median automated valuation model (AVM) price of $188,292.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ishpeming, 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 Ishpeming, MI, is $208,777.00, with the most expensive house in Ishpeming, MI, topping out at $3,098,200.00 and the cheapest home in Ishpeming, MI, clocking in at $16,749.00. In other words, there’s something for every potential homebuyer or savvy investor in Ishpeming, MI!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ishpeming, MI, is on a rollercoaster ride. The average rent price in Ishpeming, MI, is $1,350.00. Indeed, when looking to rent in Ishpeming, MI, you can expect to pay as little as $530.00 or as much as $2,160.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Ishpeming, 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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