Port Hope, MI Foreclosures
How much do homes sell for in Port Hope, MI?
The average home price is currently $189,436.
What’s the average rental cost in Port Hope, MI?
The average rental price in Port Hope is $1,214.
What is the most expensive home in Port Hope?
The most expensive home sold in Port Hope had a price of $839,590.
What is currently the cheapest priced home in Port Hope, MI?
The cheapest home for sale in Port Hope is priced at $15,694.
Living in Port Hope, MI
Port Hope is a charming, small coastal town located on the shores of Lake Huron. Known for its stunning natural beauty, the area boasts a tight-knit community and a rich history. Residents enjoy a tranquil lifestyle with access to picturesque views, local parks, and a variety of outdoor activities.
Current Market Conditions in Port Hope, MI
The Port Hope real estate market has shown resilience in recent months, with an increase in demand for homes as buyers seek the tranquility of small-town living. Inventory remains relatively low, pushing prices upward as more people look to invest in properties in this scenic locale.
Interest in coastal properties along Lake Huron has increased dramatically over the past year, particularly for vacation homes and year-round residences. As these trends continue, the market is expected to stay competitive, with properties moving quickly and often attracting multiple offers.
Home Value Estimator For Port Hope, MI
There are currently 834 real estate properties
in Port Hope, MI,
with a median automated valuation model (AVM) price
of $157,807.00. 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 Hope, 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 Hope, MI,
is $189,436.00, with the most expensive house
in Port Hope, MI, topping out
at $839,590.00 and the cheapest home
in Port Hope, MI,
clocking in at $15,694.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Port Hope, MI!
Rent Prices
In Port Hope, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Port Hope, MI, is on
a rollercoaster ride. The
average rent price in Port Hope, MI,
is $1,214.00. Indeed, when looking to rent in
Port Hope, MI, you can expect to pay as little
as $620.00 or as much
as $1,880.00,
with the average rent median estimated to
be $1,180.00. The good news is that finding
an affordable and desirable property to rent in Port Hope, 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
