Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Olivet, MI. There are 10 discounted homes for sale in Olivet, MI we think you'll love.
Olivet, MI, is a picturesque small town offering a snug community vibe and vibrant college life due to the presence of Olivet College. With ample outdoor activities and a lower cost of living, it is an ideal choice for families and retirees alike.
There are currently 1,359 real estate properties in Olivet, MI, with a median automated valuation model (AVM) price of $208,857.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Olivet, 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 Olivet, MI, is $234,611.00, with the most expensive house in Olivet, MI, topping out at $1,716,781.00 and the cheapest home in Olivet, MI, clocking in at $10,571.00. In other words, there’s something for every potential homebuyer or savvy investor in Olivet, MI!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Olivet, MI, is on a rollercoaster ride. The average rent price in Olivet, MI, is $1,320.00. Indeed, when looking to rent in Olivet, MI, you can expect to pay as little as $760.00 or as much as $2,340.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Olivet, 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.
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