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Preforeclosure Homes in Leroy, MI

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Leroy, MI Foreclosures

How much do homes sell for in Leroy, MI?
The average home price is currently $206,466.
In Leroy, MI, how many homes are available?
There are currently 1 active home listings available in Leroy.
What’s the average rental cost in Leroy, MI?
The average rental price in Leroy is $1,348.
What is the most expensive home in Leroy?
The most expensive home sold in Leroy had a price of $1,430,259.
What is currently the cheapest priced home in Leroy, MI?
The cheapest home for sale in Leroy is priced at $21,254.

Living in Leroy, MI

Leroy, MI, is a charming small town situated in Michigan's northern lower peninsula, perfect for those seeking a peaceful lifestyle. With a close-knit community, beautiful landscapes, and a plethora of outdoor activities, Leroy offers a wonderful place to live. It's an ideal location for families and individuals looking for a quieter setting with strong community ties.

Current Market Conditions in Leroy, MI

The current real estate market in Leroy, MI, is characterized by a limited inventory of homes, resulting in competitive pricing. The small-town charm attracts buyers looking for a peaceful retreat, causing demand to remain steady. Many families and retirees are interested in moving to the area for the outdoor lifestyle and community atmosphere.

Investors are also noticing the potential in Leroy, as the market shows signs of gradual growth. Properties that are well-maintained tend to sell quickly, often above asking price. The stable market conditions are encouraging the construction of new homes, further fueling interest in the region.

Home Value Estimator For Leroy, MI

There are currently 1,853 real estate properties in Leroy, MI, with a median automated valuation model (AVM) price of $184,461.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Leroy, 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 Leroy, MI, is $206,466.00, with the most expensive house in Leroy, MI, topping out at $1,430,259.00 and the cheapest home in Leroy, MI, clocking in at $21,254.00. In other words, there’s something for every potential homebuyer or savvy investor in Leroy, MI!

Rent Prices In Leroy, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Leroy, MI, is on a rollercoaster ride. The average rent price in Leroy, MI, is $1,348.00. Indeed, when looking to rent in Leroy, MI, you can expect to pay as little as $760.00 or as much as $2,200.00, 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 Leroy, 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.

Leroy, MI Preforeclosure Homes


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