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Foreclosure Homes in Omena, MI

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Omena, MI Foreclosures

Current Market Conditions in Omena, MI as of October 2026?
Home values: -1.87% MoM; rent: +0.00% MoM.
How much do homes sell for in Omena, MI?
The average home price is currently $1,274,063.
In Omena, MI, how many homes are available?
There are currently 5 active home listings available in Omena.
What’s the average rental cost in Omena, MI?
The average rental price in Omena is $1,488.
What is the most expensive home in Omena?
The most expensive home sold in Omena had a price of $11,856,897.
What is currently the cheapest priced home in Omena, MI?
The cheapest home for sale in Omena is priced at $161,047.

Living in Omena, MI

Quiet bayfront community on the Leelanau Peninsula with strong second-home appeal, winery access, and proximity to Northport, Suttons Bay, and Traverse City.

Buyer vs Seller Market in Omena, MI

Median home value: $1,017,501 as of 2026-10-14.

Median rent: $1,480 as of 2026-10-14.

Home values: -1.87% MoM, +21.49% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Omena, MI

There are currently 207 real estate properties in Omena, MI, with a median automated valuation model (AVM) price of $1,017,501.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Omena, 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 Omena, MI, is $1,274,063.00, with the most expensive house in Omena, MI, topping out at $11,856,897.00 and the cheapest home in Omena, MI, clocking in at $161,047.00. In other words, there’s something for every potential homebuyer or savvy investor in Omena, MI!

Rent Prices In Omena, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Omena, MI, is on a rollercoaster ride. The average rent price in Omena, MI, is $1,488.00. Indeed, when looking to rent in Omena, MI, you can expect to pay as little as $850.00 or as much as $2,390.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Omena, 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.

Omena, MI Foreclosures


Market Trend for Omena, MI

Total Listings Available: 5

Market Values:

Home Prices from $161,047 to $11,856,897

Average Sales Price: $1,274,063

Rental Values:

Rental from $850 to $2,390

Average Rent Value: $1,488 / month

Omena market snapshot

Nearby Zip Codes

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