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Foreclosure Homes in Metamora, MI 48455

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Metamora, MI Foreclosures

How much do homes sell for in Metamora, MI?
The average home price is currently $463,805.
In Metamora, MI, how many homes are available?
There are currently 11 active home listings available in Metamora.
What’s the average rental cost in Metamora, MI?
The average rental price in Metamora is $1,771.
What is the most expensive home in Metamora?
The most expensive home sold in Metamora had a price of $3,594,313.
What is currently the cheapest priced home in Metamora, MI?
The cheapest home for sale in Metamora is priced at $19,489.

Living in Metamora, MI

Located in Lapeer County, Metamora, MI offers a delightful small-town atmosphere with a strong sense of community. The area is surrounded by scenic landscapes perfect for outdoor enthusiasts and has a variety of amenities for comfortable living. Residents appreciate the local schools and community events that make this village a wonderful place to call home.

Current Market Conditions in Metamora, MI

Metamora's real estate market has shown a steady increase in home prices over the last year, with a growing demand for properties in the area. The village's natural beauty and serene environment attract buyers looking for more space and tranquility away from urban centers.

The market remains competitive, with a mix of classic homes, new constructions, and ranch-style houses appealing to various buyers. Properties in Metamora are selling quickly, often within just a few weeks, due to limited inventory and high demand.

Home Value Estimator For Metamora, MI

There are currently 3,255 real estate properties in Metamora, MI, with a median automated valuation model (AVM) price of $404,345.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Metamora, 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 Metamora, MI, is $463,805.00, with the most expensive house in Metamora, MI, topping out at $3,594,313.00 and the cheapest home in Metamora, MI, clocking in at $19,489.00. In other words, there’s something for every potential homebuyer or savvy investor in Metamora, MI!

Rent Prices In Metamora, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Metamora, MI, is on a rollercoaster ride. The average rent price in Metamora, MI, is $1,771.00. Indeed, when looking to rent in Metamora, MI, you can expect to pay as little as $670.00 or as much as $3,360.00, with the average rent median estimated to be $1,620.00. The good news is that finding an affordable and desirable property to rent in Metamora, 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.

Metamora, MI 48455 Foreclosures


Market Trend for Metamora, MI

Total Listings Available: 11

Market Values:

Home Prices from $19,489 to $3,594,313

Average Sales Price: $463,805

Rental Values:

Rental from $670 to $3,360

Average Rent Value: $1,771 / month

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