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Foreclosure Homes in Lathrup Village, MI

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Lathrup Village, MI Foreclosures

How much do homes sell for in Lathrup Village, MI?
The average home price is currently $342,359.
In Lathrup Village, MI, how many homes are available?
There are currently 13 active home listings available in Lathrup Village.
What’s the average rental cost in Lathrup Village, MI?
The average rental price in Lathrup Village is $1,699.
What is the most expensive home in Lathrup Village?
The most expensive home sold in Lathrup Village had a price of $1,082,655.
What is currently the cheapest priced home in Lathrup Village, MI?
The cheapest home for sale in Lathrup Village is priced at $49,700.

Living in Lathrup Village, MI

Lathrup Village is a charming community in Michigan known for its rich history, diverse architecture, and strong sense of community. With excellent schools, parks, and convenient access to Detroit, it offers a balanced lifestyle perfect for families and individuals. The area's investment potential is supported by a welcoming atmosphere and continuous development efforts.

Current Market Conditions in Lathrup Village, MI

Lathrup Village's real estate market has seen a steady increase in demand due to its prime location and family-friendly features. Homes in this area tend to sell quickly, often at or above asking prices, indicating a competitive market and strong interest from buyers.

Trends in recent years show an increasing appreciation for properties in Lathrup Village, making it a notable area for potential real estate investors. With ongoing developments and community enhancements, the market is expected to continue to grow, offering promising opportunities.

Home Value Estimator For Lathrup Village, MI

There are currently 1,704 real estate properties in Lathrup Village, MI, with a median automated valuation model (AVM) price of $333,131.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lathrup Village, 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 Lathrup Village, MI, is $342,359.00, with the most expensive house in Lathrup Village, MI, topping out at $1,082,655.00 and the cheapest home in Lathrup Village, MI, clocking in at $49,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Lathrup Village, MI!

Rent Prices In Lathrup Village, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lathrup Village, MI, is on a rollercoaster ride. The average rent price in Lathrup Village, MI, is $1,699.00. Indeed, when looking to rent in Lathrup Village, MI, you can expect to pay as little as $940.00 or as much as $3,060.00, with the average rent median estimated to be $1,690.00. The good news is that finding an affordable and desirable property to rent in Lathrup Village, 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.

Lathrup Village, MI Foreclosures


Market Trend for Lathrup Village, MI

Total Listings Available: 13

Market Values:

Home Prices from $49,700 to $1,082,655

Average Sales Price: $342,359

Rental Values:

Rental from $940 to $3,060

Average Rent Value: $1,699 / month

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