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Foreclosure Homes in Leonard, MI 48367

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Leonard, MI Foreclosures

How much do homes sell for in Leonard, MI?
The average home price is currently $503,260.
In Leonard, MI, how many homes are available?
There are currently 2 active home listings available in Leonard.
What’s the average rental cost in Leonard, MI?
The average rental price in Leonard is $2,161.
What is the most expensive home in Leonard?
The most expensive home sold in Leonard had a price of $4,747,300.
What is currently the cheapest priced home in Leonard, MI?
The cheapest home for sale in Leonard is priced at $28,240.

Living in Leonard, MI

Leonard, MI is a serene village in Oakland County, perfect for those seeking a peaceful lifestyle with access to nature and quality education. Residents appreciate the community's charm, outdoor activities, and proximity to urban amenities. With its welcoming atmosphere, it's an ideal place for families and retirees alike.

Current Market Conditions in Leonard, MI

The real estate market in Leonard is currently experiencing steady growth, with an increase in demand for residential properties as more people seek to escape urban congestion. Home values are on the rise, and investors are beginning to take note of the area's potential for appreciation.

As a result of the village's appealing characteristics and growing demand, the market exhibits a balance between affordability and investment opportunity. Properties in Leonard tend to sell quickly, making it an attractive prospect for investors looking to capitalize on a flourishing market.

Home Value Estimator For Leonard, MI

There are currently 1,726 real estate properties in Leonard, MI, with a median automated valuation model (AVM) price of $454,021.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Leonard, 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 Leonard, MI, is $503,260.00, with the most expensive house in Leonard, MI, topping out at $4,747,300.00 and the cheapest home in Leonard, MI, clocking in at $28,240.00. In other words, there’s something for every potential homebuyer or savvy investor in Leonard, MI!

Rent Prices In Leonard, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Leonard, MI, is on a rollercoaster ride. The average rent price in Leonard, MI, is $2,161.00. Indeed, when looking to rent in Leonard, MI, you can expect to pay as little as $850.00 or as much as $4,300.00, with the average rent median estimated to be $2,110.00. The good news is that finding an affordable and desirable property to rent in Leonard, 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.

Leonard, MI 48367 Foreclosures


Market Trend for Leonard, MI

Total Listings Available: 2

Market Values:

Home Prices from $28,240 to $4,747,300

Average Sales Price: $503,260

Rental Values:

Rental from $850 to $4,300

Average Rent Value: $2,161 / month

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