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Foreclosure Homes in Marcellus, MI

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Marcellus, MI Foreclosures

How much do homes sell for in Marcellus, MI?
The average home price is currently $294,559.
In Marcellus, MI, how many homes are available?
There are currently 8 active home listings available in Marcellus.
What’s the average rental cost in Marcellus, MI?
The average rental price in Marcellus is $1,442.
What is the most expensive home in Marcellus?
The most expensive home sold in Marcellus had a price of $1,831,294.
What is currently the cheapest priced home in Marcellus, MI?
The cheapest home for sale in Marcellus is priced at $15,655.

Living in Marcellus, MI

Marcellus, MI, is a quaint village known for its serene environment and strong community spirit. Residents enjoy a range of outdoor activities, such as fishing and hiking, thanks to the nearby lakes and parks. Families will appreciate the educational options and local amenities that cater to a comfortable, rural lifestyle.

Current Market Conditions in Marcellus, MI

The current real estate market in Marcellus is characterized by a moderate level of activity. Housing prices have been relatively stable, with a slight increase noted over the past few months as demand for affordable living in rural Michigan has risen. Many buyers are attracted to the area's natural beauty and community-focused lifestyle.

In Marcellus, the available inventory is limited, which contributes to the competitive nature of the market. Homes that are well-maintained and priced accordingly tend to sell quickly, appealing particularly to families and retirees seeking a quiet place to live.

Home Value Estimator For Marcellus, MI

There are currently 2,174 real estate properties in Marcellus, MI, with a median automated valuation model (AVM) price of $241,162.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Marcellus, 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 Marcellus, MI, is $294,559.00, with the most expensive house in Marcellus, MI, topping out at $1,831,294.00 and the cheapest home in Marcellus, MI, clocking in at $15,655.00. In other words, there’s something for every potential homebuyer or savvy investor in Marcellus, MI!

Rent Prices In Marcellus, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marcellus, MI, is on a rollercoaster ride. The average rent price in Marcellus, MI, is $1,442.00. Indeed, when looking to rent in Marcellus, MI, you can expect to pay as little as $800.00 or as much as $2,240.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Marcellus, 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.

Marcellus, MI Foreclosures


Market Trend for Marcellus, MI

Total Listings Available: 8

Market Values:

Home Prices from $15,655 to $1,831,294

Average Sales Price: $294,559

Rental Values:

Rental from $800 to $2,240

Average Rent Value: $1,442 / month

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