Palms, MI Foreclosures
How much do homes sell for in Palms, MI?
The average home price is currently $285,038.
In Palms, MI, how many homes are available?
There are currently 1 active home listings available in Palms.
What’s the average rental cost in Palms, MI?
The average rental price in Palms is $1,312.
What is the most expensive home in Palms?
The most expensive home sold in Palms had a price of $1,925,281.
What is currently the cheapest priced home in Palms, MI?
The cheapest home for sale in Palms is priced at $50,132.
Living in Palms, MI
Nestled in rural Michigan, Palms offers a serene lifestyle surrounded by beautiful landscapes and a strong community vibe. Ideal for families, it features access to quality education and numerous outdoor activities. With a slower pace and friendly atmosphere, Palms is a hidden gem for those seeking tranquility.
Current Market Conditions in Palms, MI
The real estate market in Palms has been experiencing a steady increase in demand, particularly among families and retirees looking for a quiet lifestyle away from the hustle and bustle of larger cities. Homes are typically well-maintained and offer ample outdoor space, making them appealing to buyers. Overall, the market is currently favorable for sellers, with property values on the rise.
In recent months, Palms has seen a slight increase in home prices, reflecting the region's growing popularity. Buyers may need to act quickly as properties tend to sell fast, indicating a competitive market. The trend is expected to continue as more people discover the benefits of suburban living in Michigan.
Home Value Estimator For Palms, MI
There are currently 282 real estate properties
in Palms, MI,
with a median automated valuation model (AVM) price
of $203,727.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Palms, 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 Palms, MI,
is $285,038.00, with the most expensive house
in Palms, MI, topping out
at $1,925,281.00 and the cheapest home
in Palms, MI,
clocking in at $50,132.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Palms, MI!
Rent Prices
In Palms, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Palms, MI, is on
a rollercoaster ride. The
average rent price in Palms, MI,
is $1,312.00. Indeed, when looking to rent in
Palms, MI, you can expect to pay as little
as $820.00 or as much
as $2,220.00,
with the average rent median estimated to
be $1,300.00. The good news is that finding
an affordable and desirable property to rent in Palms, 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
