Living in Onekama, MI
Onekama, MI is a serene village nestled between Portage Lake and Lake Michigan. Known for its stunning natural scenery, Onekama offers various recreational activities, including boating and fishing. The tight-knit community and family-friendly parks make it an ideal place for families and retirees alike.
Current Market Conditions in Onekama, MI
The real estate market in Onekama has shown signs of growth and stability, with an increasing interest in vacation homes and permanent residences alike. There has been a demand for properties that feature proximity to waterfronts, leading to competitive pricing in some segments of the market.
With recent developments in the area, such as improved infrastructure and increased tourism, more potential buyers are exploring Onekama as a prime location for investment. The rental market, particularly short-term vacation rentals, is also experiencing a boost as more visitors are drawn to the scenic views and outdoor activities.
Home Value Estimator For Onekama, MI
There are currently 872 real estate properties
in Onekama, MI,
with a median automated valuation model (AVM) price
of $337,175.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Onekama, 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 Onekama, MI,
is $463,093.00, with the most expensive house
in Onekama, MI, topping out
at $2,320,716.00 and the cheapest home
in Onekama, MI,
clocking in at $33,663.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Onekama, MI!
Rent Prices
In Onekama, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Onekama, MI, is on
a rollercoaster ride. The
average rent price in Onekama, MI,
is $1,583.00. Indeed, when looking to rent in
Onekama, MI, you can expect to pay as little
as $910.00 or as much
as $2,040.00,
with the average rent median estimated to
be $1,560.00. The good news is that finding
an affordable and desirable property to rent in Onekama, 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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