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Foreclosure Homes in Michigan City, IN

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Michigan City, IN Foreclosures

How much do homes sell for in Michigan City, IN?
The average home price is currently $264,630.
In Michigan City, IN, how many homes are available?
There are currently 192 active home listings available in Michigan City.
What’s the average rental cost in Michigan City, IN?
The average rental price in Michigan City is $965.
What is the most expensive home in Michigan City?
The most expensive home sold in Michigan City had a price of $11,200,186.
What is currently the cheapest priced home in Michigan City, IN?
The cheapest home for sale in Michigan City is priced at $10,729.

Living in Michigan City, IN

Michigan City, IN offers a perfect combination of lakeside living and urban convenience. This city is known for its beautiful beaches, recreational parks, and a rich array of cultural events. With a family-friendly atmosphere, Michigan City provides excellent educational opportunities and a welcoming community.

Current Market Conditions in Michigan City, IN

The real estate market in Michigan City is experiencing a resurgence, with an increasing number of buyers interested in properties due to the area’s appealing features and lifestyle. Home prices have shown a steady upward trend as the local economy strengthens and more individuals seek homes near the lake.

Home Value Estimator For Michigan City, IN

There are currently 13,543 real estate properties in Michigan City, IN, with a median automated valuation model (AVM) price of $192,975.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Michigan City, IN, 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 Michigan City, IN, is $264,630.00, with the most expensive house in Michigan City, IN, topping out at $11,200,186.00 and the cheapest home in Michigan City, IN, clocking in at $10,729.00. In other words, there’s something for every potential homebuyer or savvy investor in Michigan City, IN!

Rent Prices In Michigan City, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Michigan City, IN, is on a rollercoaster ride. The average rent price in Michigan City, IN, is $965.00. Indeed, when looking to rent in Michigan City, IN, you can expect to pay as little as $600.00 or as much as $2,440.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Michigan City, IN -- 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.

Michigan City, IN Foreclosures

Market Trend for Michigan City, IN

Total Listings Available: 192

Market Values:

Home Prices from $10,729 to $11,200,186

Average Sales Price: $264,630

Rental Values:

Rental from $600 to $2,440

Average Rent Value: $965 / month

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