Palms, MI Foreclosures
How much do homes sell for in Palms, MI?
The average home price is currently $289,315.
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 $1,833,026.
What is currently the cheapest priced home in Palms, MI?
The cheapest home for sale in Palms is priced at $45,883.
Living in Palms, MI
Palms, MI is a serene village offering a peaceful lifestyle with tight-knit community vibes. It features a blend of outdoor activities and rural charm, making it ideal for families and individuals who appreciate nature and community events. Proximity to Lake Huron enhances recreational opportunities.
Current Market Conditions in Palms, MI
The real estate market in Palms, MI is currently stable, with a mix of affordable housing options that appeal to both first-time homebuyers and retirees. Given the village's charm, homes tend to sell swiftly, particularly those that are well-maintained and priced accordingly.
Recent trends indicate a slight increase in home values over the last few months, driven by the overall desirability of rural living in Michigan. Investors are also showing interest in rental properties, boosting the local market appeal.
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 $209,043.00. 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 $289,315.00, with the most expensive house
in Palms, MI, topping out
at $1,833,026.00 and the cheapest home
in Palms, MI,
clocking in at $45,883.00. 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
