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Preforeclosure Homes in Laurium, MI 49913

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Laurium, MI Foreclosures

How much do homes sell for in Laurium, MI?
The average home price is currently $122,834.
In Laurium, MI, how many homes are available?
There are currently 1 active home listings available in Laurium.
What’s the average rental cost in Laurium, MI?
The average rental price in Laurium is $1,386.
What is the most expensive home in Laurium?
The most expensive home sold in Laurium had a price of $2,813,600.
What is currently the cheapest priced home in Laurium, MI?
The cheapest home for sale in Laurium is priced at $30,129.

Living in Laurium, MI

Laurium, MI is a picturesque village nestled in the heart of Michigan's Keweenaw Peninsula, known for its rich mining heritage and outdoor recreational activities. With a strong community spirit and charming local amenities, it offers a perfect blend of history and modern living. Explore the breathtaking natural landscapes while enjoying a quiet, small-town atmosphere.

Current Market Conditions in Laurium, MI

The real estate market in Laurium is currently characterized by stable home prices and a moderate inventory of listings. The locality is witnessing a steady demand for homes, particularly from families and retirees looking to enjoy the peaceful surroundings and outdoor lifestyle.

With home prices averaging around $150,000, the area demonstrates a mix of traditional homes and newer constructions appealing to buyers seeking value in a serene environment.

Home Value Estimator For Laurium, MI

There are currently 991 real estate properties in Laurium, MI, with a median automated valuation model (AVM) price of $110,019.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Laurium, 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 Laurium, MI, is $122,834.00, with the most expensive house in Laurium, MI, topping out at $2,813,600.00 and the cheapest home in Laurium, MI, clocking in at $30,129.00. In other words, there’s something for every potential homebuyer or savvy investor in Laurium, MI!

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.

Laurium, MI 49913 Preforeclosure Homes


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