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Rent To Own 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 $154,217.
In Lincoln Park, MI, how many homes are available?
There are currently 20 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 $6,801,306.
What is currently the cheapest priced home in Lincoln Park, MI?
The cheapest home for sale in Lincoln Park is priced at $11,789.

Living in Lincoln Park, MI

Lincoln Park, MI is an attractive suburb of Detroit offering a strong sense of community and a wealth of local amenities. The city features well-maintained parks, schools, and dining options, making it perfect for families. With its convenient transportation links and accessible location, it's a desirable place to live.

Current Market Conditions in Lincoln Park, MI

The real estate market in Lincoln Park has shown a steady increase in home prices over the past year, indicating a strong demand among homebuyers. The city’s affordability compared to nearby metropolitan areas has attracted both first-time buyers and investors alike, creating a competitive landscape.

In recent months, the inventory of homes for sale has been limited, resulting in homes selling quickly and often above asking price. This trend is highlighting the area's popularity and appeal among residents looking for a suburban lifestyle.

Home Value Estimator For Lincoln Park, MI

There are currently 14,396 real estate properties in Lincoln Park, MI, with a median automated valuation model (AVM) price of $149,962.00. 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 $154,217.00, with the most expensive house in Lincoln Park, MI, topping out at $6,801,306.00 and the cheapest home in Lincoln Park, MI, clocking in at $11,789.00. 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.

Lincoln Park, MI Rent To Own Homes

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