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Manistee, MI Foreclosures

How much do homes sell for in Manistee, MI?
The average home price is currently $300,075.
In Manistee, MI, how many homes are available?
There are currently 5 active home listings available in Manistee.
What’s the average rental cost in Manistee, MI?
The average rental price in Manistee is $1,475.
What is the most expensive home in Manistee?
The most expensive home sold in Manistee had a price of $5,362,927.
What is currently the cheapest priced home in Manistee, MI?
The cheapest home for sale in Manistee is priced at $11,296.

Living in Manistee, MI

Manistee, Michigan, is a delightful city with a perfect blend of natural beauty and small-town charm. Situated along Lake Michigan, it offers extensive outdoor recreational activities and a rich historical background. With its Victorian architecture and friendly community, Manistee is ideal for families and those seeking a tranquil lifestyle.

Current Market Conditions in Manistee, MI

The real estate market in Manistee has been steadily evolving, with a noticeable increase in home values over the past few years. With its attractive waterfront properties and proximity to nature, more buyers are showing interest, driving up demand and prices.

As of late 2023, the market remains competitive with new listings often receiving multiple offers. The seasonal influx of tourists also impacts the rental market positively, as many seek vacation homes in the area.

Home Value Estimator For Manistee, MI

There are currently 6,909 real estate properties in Manistee, MI, with a median automated valuation model (AVM) price of $231,319.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Manistee, 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 Manistee, MI, is $300,075.00, with the most expensive house in Manistee, MI, topping out at $5,362,927.00 and the cheapest home in Manistee, MI, clocking in at $11,296.00. In other words, there’s something for every potential homebuyer or savvy investor in Manistee, MI!

Rent Prices In Manistee, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Manistee, MI, is on a rollercoaster ride. The average rent price in Manistee, MI, is $1,475.00. Indeed, when looking to rent in Manistee, MI, you can expect to pay as little as $840.00 or as much as $2,040.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Manistee, 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.

Manistee, MI Search Results


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