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Condo Foreclosures in Lennon, MI

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Lennon, MI Foreclosures

Current Market Conditions in in Lennon, MI As of April 2026?
Over the past month, the real estate market in Lennon has tightened, with a decrease in inventory levels. This has led to increased competition among buyers, resulting in some homes selling for above the asking price. The demand remains strong, particularly for family homes and properties with larger lots, as more people seek space and a more tranquil living environment.
How much do homes sell for in Lennon, MI?
The average home price is currently $211,279.
In Lennon, MI, how many homes are available?
There are currently 33 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 $980,485.
What is currently the cheapest priced home in Lennon, MI?
The cheapest home for sale in Lennon is priced at $11,484.

Living in Lennon, MI

Lennon, MI is a quaint village in Shiawassee County offering a peaceful, rural lifestyle with a sense of community. Surrounded by beautiful countryside, residents can enjoy various outdoor activities and local events. With good schools and essential amenities, Lennon is an ideal place to call home.

Buyer vs Seller Market in Lennon, MI

The real estate market in Lennon, MI has shown steady growth over the past few years. Home prices are generally affordable, making it an attractive option for first-time homebuyers and those looking to invest in residential properties. There has been a consistent demand for homes due to its charming qualities and rural appeal.

Currently, the market is trending towards a seller's market. Homes are receiving multiple offers, particularly those that have been recently renovated or are situated near community amenities. Buyers are encouraged to act quickly when they find a property that meets their needs.

Home Value Estimator For Lennon, MI

There are currently 1,091 real estate properties in Lennon, MI, with a median automated valuation model (AVM) price of $202,641.00. 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 $211,279.00, with the most expensive house in Lennon, MI, topping out at $980,485.00 and the cheapest home in Lennon, MI, clocking in at $11,484.00. 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 Condos

Market Trend for Lennon, MI

Total Listings Available: 33

Market Values:

Home Prices from $11,484 to $980,485

Average Sales Price: $211,279

Rental Values:

Rental from $930 to $2,180

Average Rent Value: $1,360 / month

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