Palms, MI Foreclosures
How much do homes sell for in Palms, MI?
The average home price is currently $290,327.
In Palms, MI, how many homes are available?
There are currently 71 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 $1,907,111.
What is currently the cheapest priced home in Palms, MI?
The cheapest home for sale in Palms is priced at $21,595.
Living in Palms, MI
Palms, Michigan is a picturesque rural community located in the heart of the state. Known for its serene landscapes, the area offers a peaceful lifestyle surrounded by natural beauty. Residents enjoy a close-knit community with convenient access to local amenities and outdoor activities.
Current Market Conditions in Palms, MI
The real estate market in Palms, MI, is currently characterized by a trend of growing interest in rural properties. Buyers are seeking peaceful retreats away from urban areas, leading to a slight increase in home values over the past few months. The demand for larger lots and homes with outdoor space is on the rise, with many buyers motivated by the increased flexibility of remote work.
In recent months, there has been a notable uptick in first-time homebuyers exploring properties in Palms. The serene atmosphere and close-knit community are attractive selling points for families and retirees. As inventory remains relatively stable, homes that enter the market are often showing competitive interest and selling quicker than before.
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 $209,362.00. 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 $290,327.00, with the most expensive house
in Palms, MI, topping out
at $1,907,111.00 and the cheapest home
in Palms, MI,
clocking in at $21,595.00. 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.
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