Single-family Foreclosures in Manistee, MI

Current Market Conditions in Manistee, MI

The real estate market in Manistee is currently showing signs of stability with steady demand for homes, particularly those near the waterfront. The area has seen a modest increase in home prices over the past year, reflecting the desirability of the location.

Investors can benefit from the growing interest in the region as short-term rentals gain popularity, driven by tourism. The availability of lower-priced properties makes it an attractive option for both new and seasoned real estate investors.

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.