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Foreclosure Homes in Onaway, MI

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Onaway, MI Foreclosures

How much do homes sell for in Onaway, MI?
The average home price is currently $210,265.
In Onaway, MI, how many homes are available?
There are currently 4 active home listings available in Onaway.
What’s the average rental cost in Onaway, MI?
The average rental price in Onaway is $1,294.
What is the most expensive home in Onaway?
The most expensive home sold in Onaway had a price of $3,330,948.
What is currently the cheapest priced home in Onaway, MI?
The cheapest home for sale in Onaway is priced at $5,792.

Living in Onaway, MI

Onaway, MI is a picturesque small town characterized by its natural beauty and strong community spirit. It's a haven for outdoor lovers with ample opportunities for recreational activities. With a friendly atmosphere and local amenities, Onaway offers a peaceful way of life in a stunning natural setting.

Current Market Conditions in Onaway, MI

The current real estate market in Onaway, MI shows signs of steady growth. Low inventory continues to drive demand for available properties, leading to an increase in home prices compared to previous years. With several families looking to escape to the tranquility that Onaway offers, the market remains competitive, especially for single-family homes and vacation properties.

The demand for homes around Onaway has heightened particularly for those seeking a rural lifestyle, with more buyers looking for larger plots of land, especially post-pandemic. This trend reflects an increasing appreciation for outdoor living spaces and self-sufficiency, making Onaway an attractive option for those leaving urban environments.

Home Value Estimator For Onaway, MI

There are currently 2,673 real estate properties in Onaway, MI, with a median automated valuation model (AVM) price of $174,627.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Onaway, 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 Onaway, MI, is $210,265.00, with the most expensive house in Onaway, MI, topping out at $3,330,948.00 and the cheapest home in Onaway, MI, clocking in at $5,792.00. In other words, there’s something for every potential homebuyer or savvy investor in Onaway, MI!

Rent Prices In Onaway, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Onaway, MI, is on a rollercoaster ride. The average rent price in Onaway, MI, is $1,294.00. Indeed, when looking to rent in Onaway, MI, you can expect to pay as little as $790.00 or as much as $2,560.00, 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 Onaway, 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.

Onaway, MI Foreclosures


Market Trend for Onaway, MI

Total Listings Available: 4

Market Values:

Home Prices from $5,792 to $3,330,948

Average Sales Price: $210,265

Rental Values:

Rental from $790 to $2,560

Average Rent Value: $1,294 / month

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