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Short Sale Listings in Macomb, MI 48044

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Living in Macomb, MI

Macomb, MI is a growing suburb situated conveniently near Detroit. Known for its family-friendly community, excellent schools, and ample recreational options, it offers residents a balanced lifestyle. With diverse shopping and dining options, Macomb is an attractive destination for both families and individuals alike.

Current Market Conditions in Macomb, MI

The Macomb real estate market has seen steady growth in recent years, driven by affordable housing options and increasing demand from families and first-time homebuyers. Prices remain competitive in comparison to nearby urban areas, making it an attractive investment opportunity for real estate investors.

With development projects in progress and state incentives promoting new business, the local economy is on an upswing. This positive trend is expected to continue, ensuring long-term value for investors looking to purchase rental or residential properties in the area.

Home Value Estimator For Macomb, MI

There are currently 29,086 real estate properties in Macomb, MI, with a median automated valuation model (AVM) price of $435,134.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Macomb, 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 Macomb, MI, is $428,460.00, with the most expensive house in Macomb, MI, topping out at $11,405,400.00 and the cheapest home in Macomb, MI, clocking in at $30,230.00. In other words, there’s something for every potential homebuyer or savvy investor in Macomb, MI!

Rent Prices In Macomb, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Macomb, MI, is on a rollercoaster ride. The average rent price in Macomb, MI, is $1,883.00. Indeed, when looking to rent in Macomb, MI, you can expect to pay as little as $850.00 or as much as $3,940.00, with the average rent median estimated to be $1,910.00. The good news is that finding an affordable and desirable property to rent in Macomb, 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.

Macomb, MI 48044 Short Sale Listings


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