Preforeclosure Homes in Pigeon, MI

Current Market Conditions in Pigeon, MI

The real estate market in Pigeon is currently stable, with a balanced mix of buyer activity and available homes. Properties tend to sit on the market longer than in metropolitan areas, providing buyers more time to consider their options. Affordable properties make this a desirable place for first-time homebuyers or those looking for vacation homes.

Interest rates have slightly impacted the market in Pigeon, leading to a moderate increase in home values over the past several months. Investors are starting to take notice of the potential for income properties catering to both locals and visitors, especially in the summer months.

As more families and retirees seek out quieter living environments, Pigeon's market is predicted to see gradual growth, primarily influenced by its attractive lifestyle and affordability.

Rent Prices In Pigeon, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pigeon, MI, is on a rollercoaster ride. The average rent price in Pigeon, MI, is $1,461.00. Indeed, when looking to rent in Pigeon, MI, you can expect to pay as little as $980.00 or as much as $2,160.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Pigeon, 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.