Lincoln, MI Foreclosures
How much do homes sell for in Lincoln, MI?
The average home price is currently $187,943.
In Lincoln, MI, how many homes are available?
There are currently 5 active home listings available in Lincoln.
What’s the average rental cost in Lincoln, MI?
The average rental price in Lincoln is $1,352.
What is the most expensive home in Lincoln?
The most expensive home sold in Lincoln had a price of $862,226.
What is currently the cheapest priced home in Lincoln, MI?
The cheapest home for sale in Lincoln is priced at $13,721.
Living in Lincoln, MI
Lincoln, Michigan, is a small rural town situated in Alcona County known for its natural beauty and outdoor recreational opportunities. The area boasts access to several lakes and forests, making it a haven for nature lovers and enthusiasts of hunting, fishing, and hiking. Lincoln's tight-knit community provides a peaceful living environment away from the hustle of urban centers, yet it remains close enough to larger towns for shopping and amenities.
Current Market Conditions in Lincoln, MI
The real estate market in Lincoln, MI is currently stable, with a healthy inventory of homes available for sale. The median home prices reflect the rural charm and affordable living that attract families and retirees alike. Homes in this area tend to appreciate steadily due to the increasing interest in rural properties post-pandemic.
Investors are noticing the growing demand for vacation rentals along the lakes, contributing to market vibrancy. With the continuing popularity of outdoor activities, properties are being snapped up quickly, and competition is rising, particularly for homes near the water.
Home Value Estimator For Lincoln, MI
There are currently 1,238 real estate properties
in Lincoln, MI,
with a median automated valuation model (AVM) price
of $172,323.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lincoln, 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 Lincoln, MI,
is $187,943.00, with the most expensive house
in Lincoln, MI, topping out
at $862,226.00 and the cheapest home
in Lincoln, MI,
clocking in at $13,721.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lincoln, MI!
Rent Prices
In Lincoln, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lincoln, MI, is on
a rollercoaster ride. The
average rent price in Lincoln, MI,
is $1,352.00. Indeed, when looking to rent in
Lincoln, MI, you can expect to pay as little
as $820.00 or as much
as $2,040.00,
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 Lincoln, 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.
Learn more on Foreclosure homes
