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Rent To Own Homes in Moran, MI

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Living in Moran, MI

Moran, MI, is a peaceful unincorporated community in Michigan's Upper Peninsula known for its picturesque scenery and tight-knit atmosphere. Residents enjoy numerous outdoor activities throughout the year, making it an ideal location for families and nature lovers. With easy access to local amenities and a strong sense of community, Moran is a wonderful place to call home.

Current Market Conditions in Moran, MI

The real estate market in Moran is characterized by an increase in interest from investors and homebuyers seeking properties in serene, nature-rich areas. Recent trends indicate a growing demand for cabins and homes that offer easy access to outdoor recreational activities.

Home prices in Moran remain relatively affordable compared to larger urban areas, making it an attractive option for first-time buyers and investors looking for vacation rentals or second homes.

Home Value Estimator For Moran, MI

There are currently 553 real estate properties in Moran, MI, with a median automated valuation model (AVM) price of $178,381.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Moran, 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 Moran, MI, is $220,531.00, with the most expensive house in Moran, MI, topping out at $1,379,838.00 and the cheapest home in Moran, MI, clocking in at $39,490.00. In other words, there’s something for every potential homebuyer or savvy investor in Moran, MI!

Rent Prices In Moran, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Moran, MI, is on a rollercoaster ride. The average rent price in Moran, MI, is $1,367.00. Indeed, when looking to rent in Moran, MI, you can expect to pay as little as $1,140.00 or as much as $1,950.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Moran, 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.

Moran, MI Rent To Own Homes


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