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Single-family Foreclosures in Lake Odessa, MI

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Lake Odessa, MI Foreclosures

How much do homes sell for in Lake Odessa, MI?
The average home price is currently $272,420.
In Lake Odessa, MI, how many homes are available?
There are currently 5 active home listings available in Lake Odessa.
What’s the average rental cost in Lake Odessa, MI?
The average rental price in Lake Odessa is $1,424.
What is the most expensive home in Lake Odessa?
The most expensive home sold in Lake Odessa had a price of $1,294,386.
What is currently the cheapest priced home in Lake Odessa, MI?
The cheapest home for sale in Lake Odessa is priced at $14,931.

Living in Lake Odessa, MI

Lake Odessa, MI, is a serene and beautiful location that offers a peaceful lifestyle amidst nature. The community is friendly and welcoming, providing a safe environment for families. With ample recreational opportunities and quality educational institutions, it's an ideal place for those seeking both tranquility and community.

Current Market Conditions in Lake Odessa, MI

The real estate market in Lake Odessa is relatively stable, with prices showing a slight increase due to growing demand for homes in tranquil, rural settings. Many investors are taking advantage of the affordable housing options, as prices remain competitive compared to urban areas.

There is a strong interest in properties near the lakes, with potential buyers drawn to the recreational advantages these homes offer. As more people look for vacation homes or retirement options, the market is expected to grow steadily.

Home Value Estimator For Lake Odessa, MI

There are currently 2,304 real estate properties in Lake Odessa, MI, with a median automated valuation model (AVM) price of $237,289.00. 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 Odessa, 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 Odessa, MI, is $272,420.00, with the most expensive house in Lake Odessa, MI, topping out at $1,294,386.00 and the cheapest home in Lake Odessa, MI, clocking in at $14,931.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Odessa, MI!

Rent Prices In Lake Odessa, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Odessa, MI, is on a rollercoaster ride. The average rent price in Lake Odessa, MI, is $1,424.00. Indeed, when looking to rent in Lake Odessa, MI, you can expect to pay as little as $530.00 or as much as $2,880.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Lake Odessa, 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 Odessa, MI Single-family Homes


Market Trend for Lake Odessa, MI

Total Listings Available: 5

Market Values:

Home Prices from $14,931 to $1,294,386

Average Sales Price: $272,420

Rental Values:

Rental from $530 to $2,880

Average Rent Value: $1,424 / month

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