Omer, MI Foreclosures
How much do homes sell for in Omer, MI?
The average home price is currently $160,767.
In Omer, MI, how many homes are available?
There are currently 3 active home listings available in Omer.
What’s the average rental cost in Omer, MI?
The average rental price in Omer is $1,348.
What is the most expensive home in Omer?
The most expensive home sold in Omer had a price of $671,962.
What is currently the cheapest priced home in Omer, MI?
The cheapest home for sale in Omer is priced at $21,168.
Living in Omer, MI
OMER, MI is a small, charming town located in Arenac County that boasts a friendly atmosphere and a variety of outdoor activities. The area is known for its stunning natural beauty, providing opportunities for fishing, boating, and hiking. Residents enjoy a close-knit community feel with local parks and essential amenities nearby.
Current Market Conditions in Omer, MI
The real estate market in Omer has shown steady growth, with demand for housing increasing in recent months. The average home prices have slightly risen but still remain affordable compared to urban areas, attracting both first-time buyers and investors alike.
In terms of housing types, single-family homes dominate the market, offering various price points that cater to different budgets. With its appealing lifestyle and outdoor recreational opportunities, Omer's market is positioned for continued growth.
Home Value Estimator For Omer, MI
There are currently 513 real estate properties
in Omer, MI,
with a median automated valuation model (AVM) price
of $133,818.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Omer, 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 Omer, MI,
is $160,767.00, with the most expensive house
in Omer, MI, topping out
at $671,962.00 and the cheapest home
in Omer, MI,
clocking in at $21,168.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Omer, MI!
Rent Prices
In Omer, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Omer, MI, is on
a rollercoaster ride. The
average rent price in Omer, MI,
is $1,348.00. Indeed, when looking to rent in
Omer, MI, you can expect to pay as little
as $1,000.00 or as much
as $1,900.00,
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 Omer, 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.