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Rent To Own Homes in Milford, MI 48381

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Milford, MI Foreclosures

How much do homes sell for in Milford, MI?
The average home price is currently $515,212.
In Milford, MI, how many homes are available?
There are currently 1 active home listings available in Milford.
What’s the average rental cost in Milford, MI?
The average rental price in Milford is $1,800.
What is the most expensive home in Milford?
The most expensive home sold in Milford had a price of $3,528,064.
What is currently the cheapest priced home in Milford, MI?
The cheapest home for sale in Milford is priced at $38,547.

Living in Milford, MI

Milford is a charming village located in Oakland County, Michigan, known for its historic downtown area and vibrant community. The village offers a mix of outdoor activities, quaint shops, and local eateries, making it an attractive location for families and retirees alike. With convenient access to parks and scenic lakes, Milford provides a serene lifestyle while being close to larger cities.

Current Market Conditions in Milford, MI

As of October 2023, the real estate market in Milford shows a stable trend with an increase in demand for single-family homes. The local market has seen a steady appreciation in home prices, reflecting its desirability given its community features and proximity to metro areas.

New developments and renovations have enriched the housing landscape, offering diverse choices for potential buyers. The market remains competitive, with properties selling quickly, often above asking price due to limited inventory.

Home Value Estimator For Milford, MI

There are currently 7,137 real estate properties in Milford, MI, with a median automated valuation model (AVM) price of $475,090.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milford, 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 Milford, MI, is $515,212.00, with the most expensive house in Milford, MI, topping out at $3,528,064.00 and the cheapest home in Milford, MI, clocking in at $38,547.00. In other words, there’s something for every potential homebuyer or savvy investor in Milford, MI!

Rent Prices In Milford, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milford, MI, is on a rollercoaster ride. The average rent price in Milford, MI, is $1,800.00. Indeed, when looking to rent in Milford, MI, you can expect to pay as little as $800.00 or as much as $3,280.00, with the average rent median estimated to be $1,800.00. The good news is that finding an affordable and desirable property to rent in Milford, 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.

Milford, MI 48381 Rent To Own Homes

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