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Foreclosure Homes in Pellston, MI

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Pellston, MI Foreclosures

How much do homes sell for in Pellston, MI?
The average home price is currently $266,806.
In Pellston, MI, how many homes are available?
There are currently 2 active home listings available in Pellston.
What’s the average rental cost in Pellston, MI?
The average rental price in Pellston is $1,335.
What is the most expensive home in Pellston?
The most expensive home sold in Pellston had a price of $2,328,345.
What is currently the cheapest priced home in Pellston, MI?
The cheapest home for sale in Pellston is priced at $10,028.

Living in Pellston, MI

Pellston, MI is a charming village that offers a tranquil lifestyle amidst beautiful natural surroundings. With a tight-knit community, it provides residents access to outdoor activities year-round. The village boasts rich historical roots and simple living while still being just a short drive away from larger cities like Petoskey and Charlevoix.

Current Market Conditions in Pellston, MI

The real estate market in Pellston is currently experiencing a steady demand, especially for single-family homes. Buyers are generally attracted to the affordability and scenic nature of the area, which is perfect for both year-round residents and seasonal visitors.

Inventory has been relatively low, leading to competitive bidding situations on popular home listings. Additional demand is driven by the area's reputation for tranquility and recreational opportunities.

Home Value Estimator For Pellston, MI

There are currently 876 real estate properties in Pellston, MI, with a median automated valuation model (AVM) price of $213,949.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pellston, 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 Pellston, MI, is $266,806.00, with the most expensive house in Pellston, MI, topping out at $2,328,345.00 and the cheapest home in Pellston, MI, clocking in at $10,028.00. In other words, there’s something for every potential homebuyer or savvy investor in Pellston, MI!

Rent Prices In Pellston, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pellston, MI, is on a rollercoaster ride. The average rent price in Pellston, MI, is $1,335.00. Indeed, when looking to rent in Pellston, MI, you can expect to pay as little as $670.00 or as much as $2,560.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Pellston, 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.

Pellston, MI Foreclosures


Market Trend for Pellston, MI

Total Listings Available: 2

Market Values:

Home Prices from $10,028 to $2,328,345

Average Sales Price: $266,806

Rental Values:

Rental from $670 to $2,560

Average Rent Value: $1,335 / month

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