Le Roy, MI Foreclosures
How much do homes sell for in Le Roy, MI?
The average home price is currently $174,331.
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 $668,186.
What is currently the cheapest priced home in Le Roy, MI?
The cheapest home for sale in Le Roy is priced at $51,066.
Living in Le Roy, MI
Le Roy, Michigan, is a quaint, rural community that offers a serene lifestyle amidst beautiful natural landscapes. Residents enjoy access to outdoor activities, a close-knit community atmosphere, and essential amenities nearby. With a focus on family and education, Le Roy is a lovely place to call home.
Current Market Conditions in Le Roy, MI
The current real estate market in Le Roy is characterized as stable, with a gradual increase in property values due to its appeal as a peaceful living environment. The demand for homes remains consistent as new families are discovering the charm of mid-Michigan's rural lifestyle. Buyers are drawn to the area for its affordability compared to urban environments, making it an attractive investment for those seeking a retreat away from busy city life.
Recent trends indicate a slight increase in the number of homes sold in the area, reflecting growing interest from both local buyers and those moving from larger cities. The market has shown resilience, and with the rise of remote work, more individuals are considering rural living options.
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 $150,128.00. 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 $174,331.00, with the most expensive house
in Le Roy, MI, topping out
at $668,186.00 and the cheapest home
in Le Roy, MI,
clocking in at $51,066.00. 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.
Learn more on Foreclosure homes
