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Short Sale Listings in Port Austin, MI

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Living in Port Austin, MI

Port Austin, MI is a charming small town located on the shores of Lake Huron, known for its stunning natural beauty and recreational activities. With a variety of local amenities and a friendly community vibe, it's an ideal place for families and retirees. The area includes access to beautiful parks and lakes for outdoor enthusiasts.

Current Market Conditions in Port Austin, MI

The real estate market in Port Austin has experienced steady growth, with increasing interest from buyers seeking vacation homes and year-round residences. The serene environment, combined with affordable pricing, has attracted both retirees and families looking for a more tranquil lifestyle.

Property values have shown resilience, supported by the area's natural attractions and community-oriented living. With limited inventory in certain segments, especially waterfront properties, some competition among buyers has emerged.

Home Value Estimator For Port Austin, MI

There are currently 2,300 real estate properties in Port Austin, MI, with a median automated valuation model (AVM) price of $231,714.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Port Austin, 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 Port Austin, MI, is $298,864.00, with the most expensive house in Port Austin, MI, topping out at $7,916,300.00 and the cheapest home in Port Austin, MI, clocking in at $14,683.00. In other words, there’s something for every potential homebuyer or savvy investor in Port Austin, MI!

Rent Prices In Port Austin, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Port Austin, MI, is on a rollercoaster ride. The average rent price in Port Austin, MI, is $1,390.00. Indeed, when looking to rent in Port Austin, MI, you can expect to pay as little as $810.00 or as much as $2,320.00, 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 Port Austin, 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.

Port Austin, MI Short Sale Listings


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