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Foreclosure Homes in Michigan City, MS 38647

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Michigan City, MS Foreclosures

How much do homes sell for in Michigan City, MS?
The average home price is currently $191,513.
In Michigan City, MS, how many homes are available?
There are currently 3 active home listings available in Michigan City.
What’s the average rental cost in Michigan City, MS?
The average rental price in Michigan City is $1,421.
What is the most expensive home in Michigan City?
The most expensive home sold in Michigan City had a price of $1,779,802.
What is currently the cheapest priced home in Michigan City, MS?
The cheapest home for sale in Michigan City is priced at $30,084.

Living in Michigan City, MS

Michigan City, MS is a charming small town known for its friendly community atmosphere and accessible amenities. Surrounded by natural beauty, it offers outdoor recreation, quality education, and a peaceful lifestyle. This location strikes a balance between quaint living and proximity to larger urban areas.

Current Market Conditions in Michigan City, MS

The real estate market in Michigan City is currently exhibiting signs of growth, with a noticeable increase in home sales and a steady rise in property values over the past few months. As more families and individuals seek out the friendly atmosphere and affordable housing options, this area is seeing a boost in demand, making it an appealing destination for both buyers and investors.

With the ongoing development in nearby regions and the allure of small-town living, Michigan City's housing market is predicted to remain robust. The average home price continues to trend upward as more people recognize the benefits of residing in this area, including its beautiful landscapes and tight-knit community.

Home Value Estimator For Michigan City, MS

There are currently 335 real estate properties in Michigan City, MS, with a median automated valuation model (AVM) price of $146,600.00. 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, MS, 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, MS, is $191,513.00, with the most expensive house in Michigan City, MS, topping out at $1,779,802.00 and the cheapest home in Michigan City, MS, clocking in at $30,084.00. In other words, there’s something for every potential homebuyer or savvy investor in Michigan City, MS!

Rent Prices In Michigan City, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Michigan City, MS, is on a rollercoaster ride. The average rent price in Michigan City, MS, is $1,421.00. Indeed, when looking to rent in Michigan City, MS, you can expect to pay as little as $940.00 or as much as $2,190.00, with the average rent median estimated to be $1,410.00. The good news is that finding an affordable and desirable property to rent in Michigan City, MS -- 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, MS 38647 Foreclosures


Market Trend for Michigan City, MS

Total Listings Available: 3

Market Values:

Home Prices from $30,084 to $1,779,802

Average Sales Price: $191,513

Rental Values:

Rental from $940 to $2,190

Average Rent Value: $1,421 / month

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