Martin, MI Foreclosures
How much do homes sell for in Martin, MI?
The average home price is currently $266,321.
In Martin, MI, how many homes are available?
There are currently 1 active home listings available in Martin.
What’s the average rental cost in Martin, MI?
The average rental price in Martin is $1,431.
What is the most expensive home in Martin?
The most expensive home sold in Martin had a price of $891,272.
What is currently the cheapest priced home in Martin, MI?
The cheapest home for sale in Martin is priced at $10,519.
Living in Martin, MI
Martin, MI is a charming rural community renowned for its friendly atmosphere and vibrant local events. With a strong sense of community, residents enjoy various outdoor activities and a peaceful lifestyle. The town's proximity to parks and lakes provides great opportunities for recreation, making it an ideal place for families and retirees alike.
Current Market Conditions in Martin, MI
The real estate market in Martin, MI has shown a steady increase in home values over the past year. A combination of desirable rural living and affordable housing prices has drawn new buyers, as well as interest from investors seeking rental properties. This trend has resulted in a competitive market, with homes receiving multiple offers, particularly those in good condition.
Inventory levels remain low, leading to quicker sales and increasing prices. Homes that are well-maintained and updated typically see the highest demand, often selling within a few weeks of listing. First-time homebuyers and relocators continue to seek homes in the area, contributing to ongoing market strength.
Home Value Estimator For Martin, MI
There are currently 836 real estate properties
in Martin, MI,
with a median automated valuation model (AVM) price
of $265,108.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Martin, 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 Martin, MI,
is $266,321.00, with the most expensive house
in Martin, MI, topping out
at $891,272.00 and the cheapest home
in Martin, MI,
clocking in at $10,519.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Martin, MI!
Rent Prices
In Martin, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Martin, MI, is on
a rollercoaster ride. The
average rent price in Martin, MI,
is $1,431.00. Indeed, when looking to rent in
Martin, MI, you can expect to pay as little
as $840.00 or as much
as $2,180.00,
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 Martin, 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.
Learn more on Foreclosure homes
