Port Hope, MI Foreclosures
How much do homes sell for in Port Hope, MI?
The average home price is currently $188,583.
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 village located in Huron County, Michigan. Surrounded by natural beauty, this quaint community offers a close-knit atmosphere with access to beautiful Lake Huron beaches. Residents enjoy a variety of outdoor activities, making it a perfect place for families and nature enthusiasts alike.
Current Market Conditions in Port Hope, MI
The real estate market in Port Hope has seen some positive trends over the past few months. With an influx of buyers seeking homes in peaceful rural communities, demand for properties has increased somewhat, providing a boost to home values. This has created a competitive advantage for sellers, while still offering reasonable options for buyers.
Investors are recognizing Port Hope’s potential due to its affordable housing market and location near Lake Huron, driving interest in property acquisitions. The village’s historic homes and unique architecture add to its allure, making it desirable among both permanent residents and vacation homeowners.
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 $157,281.00. 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 $188,583.00, 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
