Living in Kinross, MI
Kinross, MI, is a peaceful and picturesque community in Chippewa County, known for its outdoor recreational activities and strong community ties. The town offers a unique blend of rural charm and convenient access to urban amenities, making it a perfect spot for families and individuals seeking a tranquil lifestyle. With nearby parks, schools, and shopping, Kinross serves as a great residential area in northern Michigan.
Current Market Conditions in Kinross, MI
The real estate market in Kinross, MI, has shown stability with a slight increase in home values over the last year. The demand for single-family homes has been consistent, fueled by buyers looking for affordable housing options in a quaint community. The relatively low inventory has kept prices steady, with homes often selling within a few months on the market.
As more individuals seek a balance between nature and urban life, Kinross maintains its appeal as an affordable housing market. The area's inviting atmosphere and outdoor lifestyle continue to attract homebuyers, leading to a gradual rise in demand and home prices.
Home Value Estimator For Kinross, MI
There are currently 207 real estate properties
in Kinross, MI,
with a median automated valuation model (AVM) price
of $163,739.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kinross, 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 Kinross, MI,
is $168,592.00, with the most expensive house
in Kinross, MI, topping out
at $393,005.00 and the cheapest home
in Kinross, MI,
clocking in at $55,218.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kinross, MI!
Rent Prices
In Kinross, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kinross, MI, is on
a rollercoaster ride. The
average rent price in Kinross, MI,
is $1,309.00. Indeed, when looking to rent in
Kinross, MI, you can expect to pay as little
as $960.00 or as much
as $1,790.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Kinross, 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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