Pompeii, MI Foreclosures
How much do homes sell for in Pompeii, MI?
The average home price is currently $224,553.
What’s the average rental cost in Pompeii, MI?
The average rental price in Pompeii is $1,447.
What is the most expensive home in Pompeii?
The most expensive home sold in Pompeii had a price of $1,207,500.
What is currently the cheapest priced home in Pompeii, MI?
The cheapest home for sale in Pompeii is priced at $30,070.
Living in Pompeii, MI
Pompeii, MI is a quaint rural community situated in Gratiot County, offering a peaceful lifestyle with a strong sense of community. The area is rich in natural beauty and ideal for outdoor activities, making it an attractive destination for families and retirees. With essential amenities nearby and a friendly atmosphere, Pompeii is a hidden gem in Central Michigan.
Current Market Conditions in Pompeii, MI
The real estate market in Pompeii has been steady, with a balanced mix of buyers and sellers. Homes in the area generally appeal to those seeking a slower-paced lifestyle, with prices remaining relatively affordable compared to bigger metropolitan areas. Over the past year, there has been a slight increase in home values, making it an opportune time for potential investors or first-time buyers looking to settle in a rural environment.
Homes in Pompeii typically maintain their value due to the area's appeal, which includes a blend of outdoor activities and community spirit. With the increased demand for homes in tranquil locations, the market is expected to see growth in the coming months as more people seek refuge from urban settings.
Home Value Estimator For Pompeii, MI
There are currently 13 real estate properties
in Pompeii, MI,
with a median automated valuation model (AVM) price
of $143,024.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pompeii, 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 Pompeii, MI,
is $224,553.00, with the most expensive house
in Pompeii, MI, topping out
at $1,207,500.00 and the cheapest home
in Pompeii, MI,
clocking in at $30,070.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pompeii, MI!
Rent Prices
In Pompeii, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pompeii, MI, is on
a rollercoaster ride. The
average rent price in Pompeii, MI,
is $1,447.00. Indeed, when looking to rent in
Pompeii, MI, you can expect to pay as little
as $1,270.00 or as much
as $1,600.00,
with the average rent median estimated to
be $1,490.00. The good news is that finding
an affordable and desirable property to rent in Pompeii, 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
