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Cheap Homes in Lincoln Park, MI

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Lincoln Park, MI Foreclosures

How much do homes sell for in Lincoln Park, MI?
The average home price is currently $155,207.
In Lincoln Park, MI, how many homes are available?
There are currently 165 active home listings available in Lincoln Park.
What’s the average rental cost in Lincoln Park, MI?
The average rental price in Lincoln Park is $963.
What is the most expensive home in Lincoln Park?
The most expensive home sold in Lincoln Park had a price of $6,769,709.
What is currently the cheapest priced home in Lincoln Park, MI?
The cheapest home for sale in Lincoln Park is priced at $11,706.

Living in Lincoln Park, MI

Lincoln Park, MI, is a hidden gem in Wayne County, featuring a close-knit community with a suburban feel. The city offers a range of amenities, parks, and schools, making it an ideal location for families. With easy access to Detroit, residents enjoy urban conveniences while maintaining a peaceful residential environment.

Current Market Conditions in Lincoln Park, MI

The real estate market in Lincoln Park has shown signs of stabilization over the past year with a slight increase in home values. Properties are selling at a steady pace, driven by affordable pricing and demand from first-time homebuyers looking to move into the area.

Homes in Lincoln Park often attract young families and professionals due to its proximity to Detroit and reasonable housing prices. The market is characterized by single-family homes, which remain the most sought-after property type.

Home Value Estimator For Lincoln Park, MI

There are currently 14,395 real estate properties in Lincoln Park, MI, with a median automated valuation model (AVM) price of $152,083.00. 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 Park, 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 Park, MI, is $155,207.00, with the most expensive house in Lincoln Park, MI, topping out at $6,769,709.00 and the cheapest home in Lincoln Park, MI, clocking in at $11,706.00. In other words, there’s something for every potential homebuyer or savvy investor in Lincoln Park, MI!

Rent Prices In Lincoln Park, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lincoln Park, MI, is on a rollercoaster ride. The average rent price in Lincoln Park, MI, is $963.00. Indeed, when looking to rent in Lincoln Park, MI, you can expect to pay as little as $660.00 or as much as $2,140.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Lincoln Park, 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.

Cheap Homes in Lincoln Park, MI


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