Port Austin, MI Foreclosures
How much do homes sell for in Port Austin, MI?
The average home price is currently $304,271.
In Port Austin, MI, how many homes are available?
There are currently 2 active home listings available in Port Austin.
What’s the average rental cost in Port Austin, MI?
The average rental price in Port Austin is $1,390.
What is the most expensive home in Port Austin?
The most expensive home sold in Port Austin had a price of $7,760,700.
What is currently the cheapest priced home in Port Austin, MI?
The cheapest home for sale in Port Austin is priced at $14,665.
Living in Port Austin, MI
Port Austin, MI, is a small village that perfectly blends a serene lifestyle with community spirit. Residents love the scenic views of Lake Huron and enjoy various outdoor activities throughout the year. With its unique charm and vibrant local culture, it makes for a perfect getaway or a full-time residence.
Current Market Conditions in Port Austin, MI
The real estate market in Port Austin has shown steady growth, driven by an influx of buyers looking for vacation homes or retirement properties. The demand for waterfront properties remains high, which often results in competitive offers during peak seasons. Prices have been gradually increasing, reflecting the area's popularity among both residents and seasonal visitors.
In recent months, the market has remained active, with new listings appearing frequently. However, inventory remains limited, particularly for well-maintained homes close to the lake, making it a seller's market. Buyers should be prepared to act quickly when they find suitable listings.
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 $232,789.00. 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 $304,271.00, with the most expensive house
in Port Austin, MI, topping out
at $7,760,700.00 and the cheapest home
in Port Austin, MI,
clocking in at $14,665.00. 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.