Le Roy, MI Foreclosures
How much do homes sell for in Le Roy, MI?
The average home price is currently $173,069.
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 $666,081.
What is currently the cheapest priced home in Le Roy, MI?
The cheapest home for sale in Le Roy is priced at $51,034.
Living in Le Roy, MI
Le Roy, MI is a charming rural community that offers a serene lifestyle surrounded by nature. Known for its friendly atmosphere and community-oriented events, it boasts accessible outdoor recreational activities as well as proximity to larger cities for additional amenities. Its low crime rate and beautiful landscapes make it a desirable place to live.
Current Market Conditions in Le Roy, MI
The real estate market in Le Roy has shown steady growth over the past year, driven by the area's appealing rural lifestyle and affordability compared to urban areas. As more people seek homes that provide a retreat from busy city life, demand for properties in Le Roy has been on the rise. Despite being a small community, the market has a variety of options ranging from modest homes to larger family residences.
Recent trends indicate an increase in home renovations as residents invest in improving their properties, suggesting confidence in the local market. This trend, along with new listings often attracting multiple offers, indicates a competitive nature within the price range homes typically sell.
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 $148,890.00. 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 $173,069.00, with the most expensive house
in Le Roy, MI, topping out
at $666,081.00 and the cheapest home
in Le Roy, MI,
clocking in at $51,034.00. 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
