Foreclosure Homes in Laurium, MI

Current Market Conditions in Laurium, MI

The real estate market in Laurium is stable, with a mix of charming historic homes and newer constructions attracting families and retirees alike. The demand for affordable housing has kept prices reasonable, making it an appealing option for first-time buyers and those looking to invest in rental properties.

Currently, Laurium is experiencing a slight uptick in home sales due to increasing interest from individuals seeking a tranquil lifestyle away from larger urban centers. This trend suggests a steady growth in property values as more people recognize the area's potential.

Rent Prices In Laurium, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Laurium, MI, is on a rollercoaster ride. The average rent price in Laurium, MI, is $1,386.00. Indeed, when looking to rent in Laurium, MI, you can expect to pay as little as $740.00 or as much as $2,190.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Laurium, 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.