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Foreclosures in Michiana, MI

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Michiana, MI Foreclosures

How much do homes sell for in Michiana, MI?
The average home price is currently $1,373,765.
What’s the average rental cost in Michiana, MI?
The average rental price in Michiana is $1,753.
What is the most expensive home in Michiana?
The most expensive home sold in Michiana had a price of $2,764,947.
What is currently the cheapest priced home in Michiana, MI?
The cheapest home for sale in Michiana is priced at $528,465.

Living in Michiana, MI

Michiana is a quaint community nestled in southwestern Michigan, bordering the state of Indiana. Known for its serene landscapes, the region offers a mix of natural beauty and small-town charm, making it an ideal place for families and retirees. Residents enjoy access to local parks, excellent schools, and a tightly-knit community atmosphere.

Current Market Conditions in Michiana, MI

The real estate market in Michiana has seen a stable increase in home values over the last few years, attracting both families and investors to the region. The demand for housing remains strong, owing to the area's charm and quality of life.

Recent trends indicate that the market is competitive, with a limited supply of homes for sale that are driving prices upwards. Many properties receive multiple offers, particularly during peak seasons.

Home Value Estimator For Michiana, MI

There are currently 19 real estate properties in Michiana, MI, with a median automated valuation model (AVM) price of $1,263,558.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Michiana, 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 Michiana, MI, is $1,373,765.00, with the most expensive house in Michiana, MI, topping out at $2,764,947.00 and the cheapest home in Michiana, MI, clocking in at $528,465.00. In other words, there’s something for every potential homebuyer or savvy investor in Michiana, MI!

Rent Prices In Michiana, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Michiana, MI, is on a rollercoaster ride. The average rent price in Michiana, MI, is $1,753.00. Indeed, when looking to rent in Michiana, MI, you can expect to pay as little as $1,380.00 or as much as $2,420.00, with the average rent median estimated to be $1,740.00. The good news is that finding an affordable and desirable property to rent in Michiana, 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.

Michiana, MI Foreclosures


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