Living in Owendale, MI
Owendale, MI is a charming village known for its peaceful rural surroundings and friendly community. It offers a blend of outdoor activities and excellent educational opportunities, making it ideal for families. The area has convenient transportation access while maintaining a serene lifestyle away from the hustle and bustle of larger cities.
Current Market Conditions in Owendale, MI
The real estate market in Owendale is characterized by its affordability, making it an attractive option for both first-time homebuyers and real estate investors. Property prices have remained stable, with a trend of gradual appreciation, indicating a healthy market for investment.
Demand for homes in Owendale has been on the rise due to the increasing popularity of rural living, which is offering potential for investors looking for opportunities in a market that is poised for future growth.
Home Value Estimator For Owendale, MI
There are currently 335 real estate properties
in Owendale, MI,
with a median automated valuation model (AVM) price
of $117,635.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Owendale, 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 Owendale, MI,
is $142,679.00, with the most expensive house
in Owendale, MI, topping out
at $512,957.00 and the cheapest home
in Owendale, MI,
clocking in at $14,896.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Owendale, MI!
Rent Prices
In Owendale, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Owendale, MI, is on
a rollercoaster ride. The
average rent price in Owendale, MI,
is $1,335.00. Indeed, when looking to rent in
Owendale, MI, you can expect to pay as little
as $630.00 or as much
as $1,650.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Owendale, 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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