Le Roy, MI Foreclosures
How much do homes sell for in Le Roy, MI?
The average home price is currently $174,218.
What’s the average rental cost in Le Roy, MI?
The average rental price in Le Roy is $1,288.
What is the most expensive home in Le Roy?
The most expensive home sold in Le Roy had a price of $668,263.
What is currently the cheapest priced home in Le Roy, MI?
The cheapest home for sale in Le Roy is priced at $53,209.
Living in Le Roy, MI
Le Roy, Michigan is a picturesque small town known for its stunning natural surroundings and friendly community atmosphere. The area is characterized by outdoor recreational opportunities, including hiking, fishing, and camping. With its quaint downtown and strong sense of community, Le Roy offers an inviting place to call home.
Current Market Conditions in Le Roy, MI
The real estate market in Le Roy has shown a steady increase in home values over the past year, reflecting a growing demand for property in this serene locale. The availability of affordable housing options combined with the area's appealing lifestyle has attracted more buyers, particularly those looking for vacation homes or peaceful retirement spots.
As of late 2023, the local real estate market continues to exhibit strength, with new listings coming on the market quickly. The competition among buyers is increasing, resulting in more homes selling above asking price. This trend indicates a positive outlook for future investments in the area.
Home Value Estimator For Le Roy, MI
There are currently 19 real estate properties
in Le Roy, MI,
with a median automated valuation model (AVM) price
of $154,911.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Le Roy, 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 Le Roy, MI,
is $174,218.00, with the most expensive house
in Le Roy, MI, topping out
at $668,263.00 and the cheapest home
in Le Roy, MI,
clocking in at $53,209.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Le Roy, MI!
Rent Prices
In Le Roy, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Le Roy, MI, is on
a rollercoaster ride. The
average rent price in Le Roy, MI,
is $1,288.00. Indeed, when looking to rent in
Le Roy, MI, you can expect to pay as little
as $1,090.00 or as much
as $1,490.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Le Roy, 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.
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