Leonard, MI Foreclosures
How much do homes sell for in Leonard, MI?
The average home price is currently $520,636.
In Leonard, MI, how many homes are available?
There are currently 3 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 $4,745,300.
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 quaint village that offers residents a serene escape from the hustle and bustle of city life. With a strong sense of community and ample outdoor activities, it provides a comfortable environment for families and individuals alike. Proximity to larger cities enhances the appeal for those looking for peace yet easy access to urban conveniences.
Current Market Conditions in Leonard, MI
The real estate market in Leonard, MI, has displayed a stable growth trend over the past year, characterized by an increasing demand for single-family homes. The quaint, suburban atmosphere combined with its accessibility to larger urban centers has attracted both families and retirees, leading to a gradual rise in home prices.
Currently, the market is favoring sellers, as inventory remains low and buyer interest continues to remain high, indicating a potential for continued price growth in the coming months.
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 $485,254.00. 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 $520,636.00, with the most expensive house
in Leonard, MI, topping out
at $4,745,300.00 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.