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Rent To Own Homes in Mancelona, MI

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Mancelona, MI Foreclosures

How much do homes sell for in Mancelona, MI?
The average home price is currently $213,215.
In Mancelona, MI, how many homes are available?
There are currently 5 active home listings available in Mancelona.
What’s the average rental cost in Mancelona, MI?
The average rental price in Mancelona is $1,293.
What is the most expensive home in Mancelona?
The most expensive home sold in Mancelona had a price of $2,093,785.
What is currently the cheapest priced home in Mancelona, MI?
The cheapest home for sale in Mancelona is priced at $8,107.

Living in Mancelona, MI

Mancelona, MI is a quaint town characterized by its friendly atmosphere and picturesque natural surroundings. Nestled in northern Michigan, it offers residents an abundance of outdoor activities, local amenities, and a strong community spirit. With a focus on family-friendly living, Mancelona is an ideal place for those seeking tranquility and a charming lifestyle.

Current Market Conditions in Mancelona, MI

The real estate market in Mancelona remains stable, with a steady demand for properties as families and retirees alike are drawn to the area's natural beauty and lifestyle. Current listings indicate a balance between traditional homes and newly constructed properties, attracting a mix of buyers.

Home prices in Mancelona are relatively affordable compared to larger cities, making it a prime location for first-time home buyers and investors looking to enter the market. Although there are fluctuations in inventory, buyers can find various options to suit their needs.

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 $179,115.00. 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 $213,215.00, with the most expensive house in Mancelona, MI, topping out at $2,093,785.00 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 Rent To Own Homes

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