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Preforeclosure Homes in Muskegon, MI

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Muskegon, MI Foreclosures

How much do homes sell for in Muskegon, MI?
The average home price is currently $252,248.
In Muskegon, MI, how many homes are available?
There are currently 72 active home listings available in Muskegon.
What’s the average rental cost in Muskegon, MI?
The average rental price in Muskegon is $1,308.
What is the most expensive home in Muskegon?
The most expensive home sold in Muskegon had a price of $23,227,780.
What is currently the cheapest priced home in Muskegon, MI?
The cheapest home for sale in Muskegon is priced at $10,309.

Living in Muskegon, MI

Muskegon, Michigan, located on the shores of Lake Michigan, offers a vibrant community with a rich history and abundant outdoor activities. Known for its beautiful beaches, parks, and recreational options, Muskegon is a desirable place for families and individuals alike. With a mix of urban and suburban living, it provides a range of amenities and services that cater to all lifestyles.

Current Market Conditions in Muskegon, MI

Currently, Muskegon's real estate market is characterized by demand exceeding supply, leading to increased property values. Despite the challenges of inventory shortages, the appeal of Muskegon’s scenic lifestyle continues to attract new buyers. Real estate agents report more inquiries from out-of-state buyers seeking to capitalize on the affordable lakefront properties.

Neighborhoods with historic homes and proximity to downtown areas have seen significant appreciation in prices, making it a hot market for investors. Additionally, development projects are in motion, focusing on revitalizing the waterfront and enhancing community facilities.

Home Value Estimator For Muskegon, MI

There are currently 35,057 real estate properties in Muskegon, MI, with a median automated valuation model (AVM) price of $215,165.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Muskegon, 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 Muskegon, MI, is $252,248.00, with the most expensive house in Muskegon, MI, topping out at $23,227,780.00 and the cheapest home in Muskegon, MI, clocking in at $10,309.00. In other words, there’s something for every potential homebuyer or savvy investor in Muskegon, MI!

Rent Prices In Muskegon, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Muskegon, MI, is on a rollercoaster ride. The average rent price in Muskegon, MI, is $1,308.00. Indeed, when looking to rent in Muskegon, MI, you can expect to pay as little as $630.00 or as much as $2,760.00, with the average rent median estimated to be $1,270.00. The good news is that finding an affordable and desirable property to rent in Muskegon, 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.

Muskegon, MI Preforeclosure Homes


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