Foreclosure Homes in Lennon, MI 48449

Current Market Conditions in Lennon, MI

Real estate in Lennon is characterized by affordable home prices compared to nearby urban areas. The market has seen a steady demand for single-family homes, attracting families and retirees looking for a calm and spacious living environment.

There has been an increase in interest for property investments, with buyers drawn to the town's peaceful atmosphere and potential for growth. Homes in Lennon often feature large lots and backyard spaces, appealing to those looking to escape city life.

Rent Prices In Lennon, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lennon, MI, is on a rollercoaster ride. The average rent price in Lennon, MI, is $1,360.00. Indeed, when looking to rent in Lennon, MI, you can expect to pay as little as $930.00 or as much as $2,180.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Lennon, 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.