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Foreclosure Homes in Lake Ann, MI

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Lake Ann, MI Foreclosures

How much do homes sell for in Lake Ann, MI?
The average home price is currently $423,635.
In Lake Ann, MI, how many homes are available?
There are currently 11 active home listings available in Lake Ann.
What’s the average rental cost in Lake Ann, MI?
The average rental price in Lake Ann is $1,226.
What is the most expensive home in Lake Ann?
The most expensive home sold in Lake Ann had a price of $3,940,913.
What is currently the cheapest priced home in Lake Ann, MI?
The cheapest home for sale in Lake Ann is priced at $13,464.

Living in Lake Ann, MI

Lake Ann is a charming village nestled in the scenic beauty of Benzie County, Michigan. Known for its serene lakes and outdoor recreational opportunities, it offers a tranquil lifestyle that attracts families and retirees alike. With a close-knit community feel, residents enjoy local events and easy access to nature, making it a desirable place to live.

Current Market Conditions in Lake Ann, MI

The real estate market in Lake Ann is currently experiencing a slight uptick in demand, driven by interest from both transient vacationers and those seeking permanent residences. In recent months, homes have been selling at a faster pace as potential buyers recognize the value of living in such a picturesque area.

Despite the increase in home prices, there remains a healthy supply of properties available for sale. This balance creates a competitive but fair market for buyers, while sellers are seeing favorable conditions due to ongoing interest in the area.

Home Value Estimator For Lake Ann, MI

There are currently 1,650 real estate properties in Lake Ann, MI, with a median automated valuation model (AVM) price of $373,267.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Ann, 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 Lake Ann, MI, is $423,635.00, with the most expensive house in Lake Ann, MI, topping out at $3,940,913.00 and the cheapest home in Lake Ann, MI, clocking in at $13,464.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Ann, MI!

Rent Prices In Lake Ann, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Ann, MI, is on a rollercoaster ride. The average rent price in Lake Ann, MI, is $1,226.00. Indeed, when looking to rent in Lake Ann, MI, you can expect to pay as little as $780.00 or as much as $2,380.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Lake Ann, 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.

Lake Ann, MI Foreclosures


Market Trend for Lake Ann, MI

Total Listings Available: 11

Market Values:

Home Prices from $13,464 to $3,940,913

Average Sales Price: $423,635

Rental Values:

Rental from $780 to $2,380

Average Rent Value: $1,226 / month

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