Palms, MI Foreclosures
Current Market Conditions in in Palms, MI As of January 2026?
Over the past month, the housing market in Palms, MI, has experienced a slight increase in listing prices, attributed to ongoing demand for residential properties amidst a stable economy. The local real estate agents have noted that homes are selling rather quickly, particularly those that boast good conditions and attractive outdoor spaces. However, the overall inventory remains modest, keeping price gains gradual rather than sharp.
How much do homes sell for in Palms, MI?
The average home price is currently $284,538.
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 $2,079,783.
What is currently the cheapest priced home in Palms, MI?
The cheapest home for sale in Palms is priced at $52,792.
Living in Palms, MI
Palms, MI is a peaceful rural community known for its beautiful natural surroundings and a close-knit atmosphere. Residents enjoy a tranquil lifestyle with access to outdoor recreational activities and essential amenities. It's an ideal location for families and individuals seeking a quieter way of living in Michigan.
Buyer vs Seller Market in Palms, MI
The real estate market in Palms, MI, offers a unique opportunity for buyers seeking affordability and low competition. As demand remains steady due to its rural charm, prices have seen a modest increase, attracting buyers looking for primary residences as well as vacation homes.
Despite limited options compared to bigger urban centers, the area's housing stock remains attractive, featuring single-family homes that often provide more space at lower prices than in nearby cities.
Home Value Estimator For Palms, MI
There are currently 319 real estate properties
in Palms, MI,
with a median automated valuation model (AVM) price
of $198,669.00. 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 $284,538.00, with the most expensive house
in Palms, MI, topping out
at $2,079,783.00 and the cheapest home
in Palms, MI,
clocking in at $52,792.00. 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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