Onekama, MI Foreclosures
How much do homes sell for in Onekama, MI?
The average home price is currently $440,875.
What’s the average rental cost in Onekama, MI?
The average rental price in Onekama is $1,583.
What is the most expensive home in Onekama?
The most expensive home sold in Onekama had a price of $2,511,378.
What is currently the cheapest priced home in Onekama, MI?
The cheapest home for sale in Onekama is priced at $17,817.
Living in Onekama, MI
Onekama, MI is a charming village located along the shores of Lake Michigan, offering a variety of outdoor activities and a peaceful lifestyle. Residents enjoy picturesque scenery, local amenities, and a strong sense of community. With a variety of homes available, Onekama is perfect for families, retirees, or those seeking a serene getaway.
Current Market Conditions in Onekama, MI
Onekama's real estate market has seen a steady increase in demand over the past year, driven by the area's scenic beauty and the growing popularity of remote work. Many buyers are looking for vacation homes or retirement properties, leading to a competitive environment with multiple offers on desirable properties. Prices have generally risen, reflecting this surge in interest, yet the village still maintains relatively affordable options compared to larger urban areas.
In recent months, there has been a noticeable trend toward more family homes as new families move into the area, seeking the benefits of a safe, rural community combined with proximity to water activities. This ongoing interest in Onekama suggests continued price growth, particularly for homes with lake access.
Home Value Estimator For Onekama, MI
There are currently 1,022 real estate properties
in Onekama, MI,
with a median automated valuation model (AVM) price
of $324,437.00. 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 $440,875.00, with the most expensive house
in Onekama, MI, topping out
at $2,511,378.00 and the cheapest home
in Onekama, MI,
clocking in at $17,817.00. 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.
Learn more on Foreclosure homes
