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Cheap Homes in Kaleva, MI

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Kaleva, MI Foreclosures

How much do homes sell for in Kaleva, MI?
The average home price is currently $239,596.
In Kaleva, MI, how many homes are available?
There are currently 1 active home listings available in Kaleva.
What’s the average rental cost in Kaleva, MI?
The average rental price in Kaleva is $1,395.
What is the most expensive home in Kaleva?
The most expensive home sold in Kaleva had a price of $4,836,100.
What is currently the cheapest priced home in Kaleva, MI?
The cheapest home for sale in Kaleva is priced at $31,299.

Living in Kaleva, MI

Kaleva is a charming small town located in Manistee County, Michigan. Known for its tight-knit community and rich Scandinavian heritage, Kaleva offers a peaceful, rural lifestyle with access to beautiful natural landscapes. The town features local shops, family-owned eateries, and friendly residents, making it an ideal place for those looking for a slower pace of life.

Current Market Conditions in Kaleva, MI

The real estate market in Kaleva has been seeing a steady uptick, driven by the demand for rural living options, especially post-pandemic. Home prices have appreciated over the last year as more buyers are looking for a peaceful environment away from the hustle of city life. Properties are being snatched up quickly, making it a competitive market for buyers looking in this quaint town.

There is a noticeable trend of families and retirees moving to Kaleva for its affordability and quality of life. New listings are emerging, and currently, the market is leaning toward being a seller's market. Investors are also taking notice of the potential for rental properties in this desirable location.

Home Value Estimator For Kaleva, MI

There are currently 1,047 real estate properties in Kaleva, MI, with a median automated valuation model (AVM) price of $193,282.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kaleva, 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 Kaleva, MI, is $239,596.00, with the most expensive house in Kaleva, MI, topping out at $4,836,100.00 and the cheapest home in Kaleva, MI, clocking in at $31,299.00. In other words, there’s something for every potential homebuyer or savvy investor in Kaleva, MI!

Rent Prices In Kaleva, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kaleva, MI, is on a rollercoaster ride. The average rent price in Kaleva, MI, is $1,395.00. Indeed, when looking to rent in Kaleva, MI, you can expect to pay as little as $770.00 or as much as $1,920.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Kaleva, 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.

Cheap Homes in Kaleva, MI


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