Condo Foreclosures in Macatawa, MI 49434

Current Market Conditions in Macatawa, MI

The real estate market in Macatawa has shown steady growth over the past year, driven largely by demand for vacation homes and waterfront properties. The area's appeal as a serene escape has attracted not only local buyers but those from larger urban centers seeking a second residence. Consequently, home prices have gradually increased, although they remain competitive compared to other areas along Lake Michigan.

Inventory levels have remained low, which is typical for desirable waterfront locations. This has created a seller's market, where properties often receive multiple offers. Buyers should be prepared for a fast-paced market, particularly for listings close to the water.

Rent Prices In Macatawa, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Macatawa, MI, is on a rollercoaster ride. The average rent price in Macatawa, MI, is $1,793.00. Indeed, when looking to rent in Macatawa, MI, you can expect to pay as little as $1,100.00 or as much as $2,480.00, with the average rent median estimated to be $1,770.00. The good news is that finding an affordable and desirable property to rent in Macatawa, 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.