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Affordable Housing in Lennon, MI

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Lennon, MI Foreclosures

How much do homes sell for in Lennon, MI?
The average home price is currently $212,071.
In Lennon, MI, how many homes are available?
There are currently 132 active home listings available in Lennon.
What’s the average rental cost in Lennon, MI?
The average rental price in Lennon is $1,360.
What is the most expensive home in Lennon?
The most expensive home sold in Lennon had a price of $870,000.
What is currently the cheapest priced home in Lennon, MI?
The cheapest home for sale in Lennon is priced at $16,626.

Living in Lennon, MI

Lennon, MI is a charming village known for its friendly community and peaceful surroundings. The area boasts great local amenities, access to parks for outdoor recreation, and good educational options. With its small-town charm and natural beauty, Lennon offers residents a serene lifestyle while still being within reach of larger urban areas.

Current Market Conditions in Lennon, MI

The current real estate market in Lennon shows a balanced trend with a steady demand for housing. Prices have remained stable over the past few months, with a mix of new listings and existing home sales. The village's appealing lifestyle and community-oriented atmosphere continue to attract buyers seeking a quiet place to live.

As more people seek affordable living options away from urban centers, Lennon has seen an uptick in interest, especially from families and retirees. The market is competitive, although not overly saturated, making it a promising place for both buyers and sellers alike.

Home Value Estimator For Lennon, MI

There are currently 1,010 real estate properties in Lennon, MI, with a median automated valuation model (AVM) price of $206,774.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lennon, 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 Lennon, MI, is $212,071.00, with the most expensive house in Lennon, MI, topping out at $870,000.00 and the cheapest home in Lennon, MI, clocking in at $16,626.00. In other words, there’s something for every potential homebuyer or savvy investor in Lennon, MI!

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.

Lennon, MI Affordable Housing


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