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Search Results in Mancelona, MI

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Living in Mancelona, MI

Mancelona, MI is a charming village in northern Michigan, surrounded by beautiful lakes and forests. Known for its outdoor recreational opportunities, it's a great place for families and nature lovers. With a strong sense of community, residents enjoy local amenities and a peaceful lifestyle.

Current Market Conditions in Mancelona, MI

The real estate market in Mancelona is showing signs of growth with rising home values and increased interest from buyers seeking affordable housing options in scenic locations. The demand for properties, particularly vacation homes, has surged due to the area’s natural beauty and outdoor recreational appeal.

Currently, the market is characterized by a lack of inventory, particularly for single-family homes, leading to a competitive atmosphere for buyers. Sellers are often receiving multiple offers, reflecting the desirability of Mancelona as a residential and vacation destination.

Home Value Estimator For Mancelona, MI

There are currently 4,315 real estate properties in Mancelona, MI, with a median automated valuation model (AVM) price of $178,912.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mancelona, 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 Mancelona, MI, is $213,453.00, with the most expensive house in Mancelona, MI, topping out at $2,171,762.00 and the cheapest home in Mancelona, MI, clocking in at $8,107.00. In other words, there’s something for every potential homebuyer or savvy investor in Mancelona, MI!

Rent Prices In Mancelona, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mancelona, MI, is on a rollercoaster ride. The average rent price in Mancelona, MI, is $1,293.00. Indeed, when looking to rent in Mancelona, MI, you can expect to pay as little as $590.00 or as much as $2,790.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Mancelona, 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.

Mancelona, MI Search Results


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