foreclosure.com

Cheap Homes in Ontonagon, MI

Search within map

Try a different search or click on nearby areas below.

Nearby Areas

Nearby Zip Codes

 

Ontonagon, MI Foreclosures

How much do homes sell for in Ontonagon, MI?
The average home price is currently $150,425.
What’s the average rental cost in Ontonagon, MI?
The average rental price in Ontonagon is $1,382.
What is the most expensive home in Ontonagon?
The most expensive home sold in Ontonagon had a price of $1,645,906.
What is currently the cheapest priced home in Ontonagon, MI?
The cheapest home for sale in Ontonagon is priced at $24,582.

Living in Ontonagon, MI

Ontonagon, MI, is a serene village with stunning Lake Superior views and a warm community spirit. Known for its outdoor activities, it offers recreational opportunities in nearby state parks and a variety of local amenities. The charming downtown features quaint shops and eateries, perfect for locals and visitors alike.

Current Market Conditions in Ontonagon, MI

The real estate market in Ontonagon is stable, with a gradual increase in home values over the past year. In particular, the market has seen a rise in interest from those seeking vacation homes or retirement properties, as more buyers are drawn to the area's natural beauty and outdoor lifestyle.

Recent trends indicate a strong demand for single-family homes, especially those near the lake or with scenic views. This has led to a modest increase in construction and property renovations, providing a variety of options for prospective homebuyers.

Home Value Estimator For Ontonagon, MI

There are currently 1,476 real estate properties in Ontonagon, MI, with a median automated valuation model (AVM) price of $121,563.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ontonagon, 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 Ontonagon, MI, is $150,425.00, with the most expensive house in Ontonagon, MI, topping out at $1,645,906.00 and the cheapest home in Ontonagon, MI, clocking in at $24,582.00. In other words, there’s something for every potential homebuyer or savvy investor in Ontonagon, MI!

Rent Prices In Ontonagon, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ontonagon, MI, is on a rollercoaster ride. The average rent price in Ontonagon, MI, is $1,382.00. Indeed, when looking to rent in Ontonagon, MI, you can expect to pay as little as $800.00 or as much as $2,140.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Ontonagon, 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.

Cheap Homes in Ontonagon, MI


Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.