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Cheap Homes in Manistique, MI

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Manistique, MI Foreclosures

How much do homes sell for in Manistique, MI?
The average home price is currently $195,024.
What’s the average rental cost in Manistique, MI?
The average rental price in Manistique is $1,330.
What is the most expensive home in Manistique?
The most expensive home sold in Manistique had a price of $2,369,733.
What is currently the cheapest priced home in Manistique, MI?
The cheapest home for sale in Manistique is priced at $20,817.

Living in Manistique, MI

Manistique, MI is a welcoming small town situated on the beautiful shores of Lake Michigan. It offers a perfect blend of outdoor recreation, community events, and family-oriented amenities. With its scenic surroundings, it's a great place for anyone looking to experience life in a peaceful waterfront town.

Current Market Conditions in Manistique, MI

The real estate market in Manistique, MI has shown positive growth recently, with a steady increase in home prices reflecting rising demand. The unique charm of the town and its outdoor attractions make it an appealing location for buyers seeking a retreat from urban life. As a result, properties here are often snapped up quickly, reflecting a strong market interest.

One of the notable trends in the Manistique market is the influx of buyers from larger cities, attracted by the affordability compared to other regions. This shift has not only raised property values but also introduced more diverse options in the local housing market, transforming the real estate landscape.

Home Value Estimator For Manistique, MI

There are currently 3,108 real estate properties in Manistique, MI, with a median automated valuation model (AVM) price of $153,649.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Manistique, 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 Manistique, MI, is $195,024.00, with the most expensive house in Manistique, MI, topping out at $2,369,733.00 and the cheapest home in Manistique, MI, clocking in at $20,817.00. In other words, there’s something for every potential homebuyer or savvy investor in Manistique, MI!

Rent Prices In Manistique, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Manistique, MI, is on a rollercoaster ride. The average rent price in Manistique, MI, is $1,330.00. Indeed, when looking to rent in Manistique, MI, you can expect to pay as little as $820.00 or as much as $2,350.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Manistique, 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.

Cheap Homes in Manistique, MI


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