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Foreclosure Homes in Mio, MI

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Mio, MI Foreclosures

How much do homes sell for in Mio, MI?
The average home price is currently $132,985.
In Mio, MI, how many homes are available?
There are currently 6 active home listings available in Mio.
What’s the average rental cost in Mio, MI?
The average rental price in Mio is $1,242.
What is the most expensive home in Mio?
The most expensive home sold in Mio had a price of $1,164,300.
What is currently the cheapest priced home in Mio, MI?
The cheapest home for sale in Mio is priced at $15,992.

Living in Mio, MI

Mio, MI, is a small village in Oscoda County known for its charming rural atmosphere and outdoor recreational opportunities. Residents enjoy a variety of community events that foster relationships and bring neighbors together. With beautiful landscapes nearby, Mio is perfect for those seeking a peaceful lifestyle close to nature.

Current Market Conditions in Mio, MI

The real estate market in Mio is currently experiencing steady demand, primarily due to the area's appeal to families and retirees. Prices have been relatively stable, attracting buyers looking for affordable homes with a rural feel. The local market features a mix of charming older homes and newer constructions, providing a range of options for potential buyers.

In recent months, the market has shown signs of slight growth, with an increase in the number of homes sold compared to previous years. This uptick indicates a growing interest in the area as people seek out the tranquility and scenic beauty that Mio offers.

Home Value Estimator For Mio, MI

There are currently 2,919 real estate properties in Mio, MI, with a median automated valuation model (AVM) price of $106,790.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mio, 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 Mio, MI, is $132,985.00, with the most expensive house in Mio, MI, topping out at $1,164,300.00 and the cheapest home in Mio, MI, clocking in at $15,992.00. In other words, there’s something for every potential homebuyer or savvy investor in Mio, MI!

Rent Prices In Mio, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mio, MI, is on a rollercoaster ride. The average rent price in Mio, MI, is $1,242.00. Indeed, when looking to rent in Mio, MI, you can expect to pay as little as $600.00 or as much as $2,020.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Mio, 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.

Mio, MI Foreclosures


Market Trend for Mio, MI

Total Listings Available: 6

Market Values:

Home Prices from $15,992 to $1,164,300

Average Sales Price: $132,985

Rental Values:

Rental from $600 to $2,020

Average Rent Value: $1,242 / month

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