Pewamo, MI Foreclosures
How much do homes sell for in Pewamo, MI?
The average home price is currently $333,843.
In Pewamo, MI, how many homes are available?
There are currently 61 active home listings available in Pewamo.
What’s the average rental cost in Pewamo, MI?
The average rental price in Pewamo is $1,438.
What is the most expensive home in Pewamo?
The most expensive home sold in Pewamo had a price of $14,097,364.
What is currently the cheapest priced home in Pewamo, MI?
The cheapest home for sale in Pewamo is priced at $19,292.
Living in Pewamo, MI
Pewamo, MI is a quaint village that offers a tight-knit community atmosphere, making it ideal for families and retirees alike. With its beautiful natural surroundings, residents enjoy a peaceful lifestyle away from the busy urban centers. The village features local schools, parks, and friendly neighbors that contribute to its wholesome charm.
Current Market Conditions in Pewamo, MI
The real estate market in Pewamo, MI has been exhibiting stable growth over the past year. The combination of affordable housing options and a desirable rural lifestyle continues to attract both young families and retirees. The demand for homes has led to a gradual increase in property values, providing a promising environment for potential investors.
Currently, the inventory of homes for sale is limited, which has contributed to a competitive market for buyers. Many homes are receiving multiple offers, leading to quicker sales. Interest rates remain a critical factor influencing the market, with many buyers motivated to purchase before rates potentially rise further.
Home Value Estimator For Pewamo, MI
There are currently 609 real estate properties
in Pewamo, MI,
with a median automated valuation model (AVM) price
of $260,364.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pewamo, 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 Pewamo, MI,
is $333,843.00, with the most expensive house
in Pewamo, MI, topping out
at $14,097,364.00 and the cheapest home
in Pewamo, MI,
clocking in at $19,292.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pewamo, MI!
Rent Prices
In Pewamo, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pewamo, MI, is on
a rollercoaster ride. The
average rent price in Pewamo, MI,
is $1,438.00. Indeed, when looking to rent in
Pewamo, MI, you can expect to pay as little
as $700.00 or as much
as $2,560.00,
with the average rent median estimated to
be $1,380.00. The good news is that finding
an affordable and desirable property to rent in Pewamo, 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
