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Cheap Homes in Kentwood, MI

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Living in Kentwood, MI

Kentwood, MI is a family-friendly suburb of Grand Rapids offering a thriving community and numerous amenities. The city is well-known for its excellent educational institutions and recreational opportunities. With a balanced mix of residential options, it presents a great investment opportunity for real estate investors.

Current Market Conditions in Kentwood, MI

The real estate market in Kentwood is currently experiencing steady growth, attributed to budding developments and increasing demand for housing. The average home prices have seen a positive trend, showcasing the area’s appeal among both families and young professionals.

Investors can expect a relatively stable rental market, supported by a significant population of renters. This makes Kentwood a favorable location for those looking to invest in buy-and-hold strategies, as rental demand continues to rise.

Home Value Estimator For Kentwood, MI

There are currently 12,396 real estate properties in Kentwood, MI, with a median automated valuation model (AVM) price of $325,118.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kentwood, 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 Kentwood, MI, is $309,924.00, with the most expensive house in Kentwood, MI, topping out at $1,904,238.00 and the cheapest home in Kentwood, MI, clocking in at $31,997.00. In other words, there’s something for every potential homebuyer or savvy investor in Kentwood, MI!

Rent Prices In Kentwood, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kentwood, MI, is on a rollercoaster ride. The average rent price in Kentwood, MI, is $1,470.00. Indeed, when looking to rent in Kentwood, MI, you can expect to pay as little as $820.00 or as much as $2,880.00, with the average rent median estimated to be $1,410.00. The good news is that finding an affordable and desirable property to rent in Kentwood, 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 Kentwood, MI


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