Multi-family Foreclosures in Lewiston, MI 49756

Current Market Conditions in Lewiston, MI

Lewiston's real estate market is currently experiencing a surge in demand, with home prices on the rise due to the area's popularity among seasonal residents and retirees. Properties in nature-rich settings are particularly coveted, leading to increased competition among buyers. However, inventory remains tight, leaving many potential buyers eager to find suitable homes.

The market has shown a steady appreciation in value over the past year, with single-family homes experiencing a notable growth rate. The area's appeal as a recreational hub contributes to its strong market conditions, leading to the development of new homes and the revitalization of existing properties.

Rent Prices In Lewiston, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lewiston, MI, is on a rollercoaster ride. The average rent price in Lewiston, MI, is $1,352.00. Indeed, when looking to rent in Lewiston, MI, you can expect to pay as little as $580.00 or as much as $2,680.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Lewiston, 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.