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Foreclosure Homes in Mackinaw City, MI

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Mackinaw City, MI Foreclosures

Current Market Conditions in in Mackinaw City, MI As of January 2026?
Over the past month, Mackinaw City has experienced a noticeable uptick in interest from buyers, particularly during the late summer as the tourist season winds down. Listings have seen an increase in engagements, leading to quicker sales and a gentle rise in asking prices as home supply diminishes. This trend suggests increasing buyer confidence in the market as the area continues to attract interest from outside populations looking for both investment and vacation opportunities.
How much do homes sell for in Mackinaw City, MI?
The average home price is currently $342,935.
In Mackinaw City, MI, how many homes are available?
There are currently 2 active home listings available in Mackinaw City.
What’s the average rental cost in Mackinaw City, MI?
The average rental price in Mackinaw City is $1,326.
What is the most expensive home in Mackinaw City?
The most expensive home sold in Mackinaw City had a price of $3,624,153.
What is currently the cheapest priced home in Mackinaw City, MI?
The cheapest home for sale in Mackinaw City is priced at $15,020.

Living in Mackinaw City, MI

Mackinaw City, MI is a picturesque community situated at the north end of Michigan's Lower Peninsula, just below the Mackinac Bridge. Known for its beautiful views of the Straits of Mackinac and the gateway to Mackinac Island, Mackinaw City features a rich historical background, with various parks and outdoor activities. The town offers a welcoming atmosphere with local shops, restaurants, and events that attract visitors year-round.

Buyer vs Seller Market in Mackinaw City, MI

The real estate market in Mackinaw City reflects its appeal as a tourist destination, with a mix of vacation homes and permanent residences. The market has remained stable, showcasing a slight increase in home values over the past year as more people seek properties in scenic locations while still having accessible amenities.

Currently, families and retirees alike are exploring Mackinaw City due to its charming community feel and outdoor lifestyle. Sales have increased, leading to competitive bidding on well-located properties near local attractions.

Home Value Estimator For Mackinaw City, MI

There are currently 853 real estate properties in Mackinaw City, MI, with a median automated valuation model (AVM) price of $274,533.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mackinaw City, 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 Mackinaw City, MI, is $342,935.00, with the most expensive house in Mackinaw City, MI, topping out at $3,624,153.00 and the cheapest home in Mackinaw City, MI, clocking in at $15,020.00. In other words, there’s something for every potential homebuyer or savvy investor in Mackinaw City, MI!

Rent Prices In Mackinaw City, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mackinaw City, MI, is on a rollercoaster ride. The average rent price in Mackinaw City, MI, is $1,326.00. Indeed, when looking to rent in Mackinaw City, MI, you can expect to pay as little as $580.00 or as much as $2,480.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Mackinaw City, 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.

Mackinaw City, MI Foreclosures

Market Trend for Mackinaw City, MI

Total Listings Available: 2

Market Values:

Home Prices from $15,020 to $3,624,153

Average Sales Price: $342,935

Rental Values:

Rental from $580 to $2,480

Average Rent Value: $1,326 / month

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