Foreclosures in Midland, MI 48640

Current Market Conditions in Midland, MI

The real estate market in Midland has shown steady growth over the past year, driven by increased demand for housing amid a robust local economy. Home prices have seen a moderate uptick, particularly for single-family homes under $300,000, as these remain highly sought after by both first-time buyers and those looking to relocate to the area. Inventory levels have been tight, resulting in quicker sales and competitive bidding in some neighborhoods, especially those close to the downtown area and quality schools.

Rent Prices In Midland, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Midland, MI, is on a rollercoaster ride. The average rent price in Midland, MI, is $1,509.00. Indeed, when looking to rent in Midland, MI, you can expect to pay as little as $640.00 or as much as $2,880.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Midland, 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.