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Condo Foreclosures in Onaway, MI 49765

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Onaway, MI Foreclosures

Current Market Conditions in in Onaway, MI As of March 2026?
In the last month, Onaway's real estate market has remained active, with an increase in both listings and sales. Properties are receiving multiple offers, indicating a competitive market. Buyers are particularly interested in homes with substantial land and proximity to recreational areas, leading to a slight uptick in prices. Sellers are capitalizing on this high demand, making it a favorable time for those looking to list.
How much do homes sell for in Onaway, MI?
The average home price is currently $202,561.
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 $3,298,652.
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 charming small town known for its serene natural beauty and outdoor recreational activities. With a close-knit community and essential amenities, it offers a peaceful lifestyle for families and retirees alike. Residents enjoy easy access to nearby lakes and forests, making it ideal for nature lovers.

Buyer vs Seller Market in Onaway, MI

The real estate market in Onaway has seen a steady increase in demand due to its appealing rural lifestyle and affordability compared to larger urban areas. The properties are often well-suited for families and retirees looking for spacious homes with access to outdoor activities.

Current trends suggest that homes are selling faster than they were a year ago, with a notable increase in buyers interested in vacation properties and year-round residences. This trend is driving prices upward, but Onaway remains an affordable option for many.

Home Value Estimator For Onaway, MI

There are currently 2,881 real estate properties in Onaway, MI, with a median automated valuation model (AVM) price of $169,034.00. 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 $202,561.00, with the most expensive house in Onaway, MI, topping out at $3,298,652.00 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 49765 Condos


Market Trend for Onaway, MI

Total Listings Available: 0

Market Values:

Home Prices from $5,792 to $3,298,652

Average Sales Price: $202,561

Rental Values:

Rental from $790 to $2,560

Average Rent Value: $1,294 / month

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