Foreclosures in Lawton, MI

Current Market Conditions in Lawton, MI

The real estate market in Lawton is currently displaying stable conditions with a slight increase in home prices over the last quarter. Demand remains steady, particularly for single-family homes, as buyers are drawn to the village's charm and affordability compared to larger urban areas. There has been a noticeable interest in properties suited for families and retirees alike.

In addition, the rental market is appreciating, with an increase in investors looking at multifamily homes due to the growing population and demand for rental units. Overall, Lawton's market maintains a balance of supply and demand, making it an appealing area for buyers and renters.

Rent Prices In Lawton, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lawton, MI, is on a rollercoaster ride. The average rent price in Lawton, MI, is $1,316.00. Indeed, when looking to rent in Lawton, MI, you can expect to pay as little as $490.00 or as much as $2,160.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Lawton, 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.