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Foreclosure Homes in Mikado, MI

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Mikado, MI Foreclosures

Current Market Conditions in in Mikado, MI As of May 2026?
Home values: -0.65% MoM; rent: +0.00% MoM.
How much do homes sell for in Mikado, MI?
The average home price is currently $172,436.
In Mikado, MI, how many homes are available?
There are currently 2 active home listings available in Mikado.
What’s the average rental cost in Mikado, MI?
The average rental price in Mikado is $1,278.
What is the most expensive home in Mikado?
The most expensive home sold in Mikado had a price of $864,000.
What is currently the cheapest priced home in Mikado, MI?
The cheapest home for sale in Mikado is priced at $17,135.

Living in Mikado, MI

Mikado, MI is a quiet rural Alcona County market with affordable home values, wooded settings, and access to northeast Michigan recreation near Lake Huron and Huron National Forest.

Buyer vs Seller Market in Mikado, MI

Median home value: $147,291 as of 2026-05-14.

Median rent: $1,280 as of 2026-05-14.

Home values: -0.65% MoM, +4.99% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Mikado, MI

There are currently 827 real estate properties in Mikado, MI, with a median automated valuation model (AVM) price of $147,291.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mikado, 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 Mikado, MI, is $172,436.00, with the most expensive house in Mikado, MI, topping out at $864,000.00 and the cheapest home in Mikado, MI, clocking in at $17,135.00. In other words, there’s something for every potential homebuyer or savvy investor in Mikado, MI!

Rent Prices In Mikado, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mikado, MI, is on a rollercoaster ride. The average rent price in Mikado, MI, is $1,278.00. Indeed, when looking to rent in Mikado, MI, you can expect to pay as little as $590.00 or as much as $2,000.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Mikado, 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.

Mikado, MI Foreclosures


Market Trend for Mikado, MI

Total Listings Available: 2

Market Values:

Home Prices from $17,135 to $864,000

Average Sales Price: $172,436

Rental Values:

Rental from $590 to $2,000

Average Rent Value: $1,278 / month

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