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Foreclosure Homes in Pelkie, MI

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Pelkie, MI Foreclosures

Current Market Conditions in in Pelkie, MI As of February 2026?
In the last month, the real estate market in Pelkie has shown signs of slight price increases, indicating a healthy demand for properties. New listings have also become available, which is helping to balance supply and demand dynamics effectively. Homebuyers are showing increased interest in cozy, nature-centric residences, making this a promising time for potential sellers.
How much do homes sell for in Pelkie, MI?
The average home price is currently $159,224.
In Pelkie, MI, how many homes are available?
There are currently 1 active home listings available in Pelkie.
What’s the average rental cost in Pelkie, MI?
The average rental price in Pelkie is $1,247.
What is the most expensive home in Pelkie?
The most expensive home sold in Pelkie had a price of $949,038.
What is currently the cheapest priced home in Pelkie, MI?
The cheapest home for sale in Pelkie is priced at $15,603.

Living in Pelkie, MI

Pelkie, Michigan, is a serene, rural community surrounded by stunning natural landscapes. It offers a peaceful lifestyle with ample opportunities for outdoor activities like fishing and hiking. This small town fosters a strong sense of community, making it an ideal place for families and nature aficionados.

Buyer vs Seller Market in Pelkie, MI

The real estate market in Pelkie is currently experiencing moderate growth, with home prices steadily increasing due to the area's appeal to adventurers and those seeking a quieter lifestyle away from the hustle and bustle of urban settings.

Many homes in Pelkie feature spacious lots and proximity to various recreational activities, attracting buyers looking for vacation homes or retreats, further influencing market demand.

Home Value Estimator For Pelkie, MI

There are currently 909 real estate properties in Pelkie, MI, with a median automated valuation model (AVM) price of $135,167.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pelkie, 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 Pelkie, MI, is $159,224.00, with the most expensive house in Pelkie, MI, topping out at $949,038.00 and the cheapest home in Pelkie, MI, clocking in at $15,603.00. In other words, there’s something for every potential homebuyer or savvy investor in Pelkie, MI!

Rent Prices In Pelkie, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pelkie, MI, is on a rollercoaster ride. The average rent price in Pelkie, MI, is $1,247.00. Indeed, when looking to rent in Pelkie, MI, you can expect to pay as little as $460.00 or as much as $1,850.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Pelkie, 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.

Pelkie, MI Foreclosures


Market Trend for Pelkie, MI

Total Listings Available: 1

Market Values:

Home Prices from $15,603 to $949,038

Average Sales Price: $159,224

Rental Values:

Rental from $460 to $1,850

Average Rent Value: $1,247 / month

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