Powers, MI Foreclosures
Current Market Conditions in in Powers, MI As of February 2026?
In the past month, Powers has seen a modest rise in home sales, with more buyers expressing interest in the area's rustic and peaceful setting. The average home price has stabilized, indicating balanced demand and supply. Homeowners are encouraged by the trend, as it may lead to increased valuations in the coming months.
How much do homes sell for in Powers, MI?
The average home price is currently $160,950.
What’s the average rental cost in Powers, MI?
The average rental price in Powers is $1,432.
What is the most expensive home in Powers?
The most expensive home sold in Powers had a price of $725,794.
What is currently the cheapest priced home in Powers, MI?
The cheapest home for sale in Powers is priced at $32,281.
Living in Powers, MI
Powers, MI is a charming village located in the picturesque Upper Peninsula. Known for its welcoming community and abundant outdoor recreational opportunities, it offers a tranquil lifestyle surrounded by nature. The village combines small-town charm with a strong sense of community, making it a great place for families and outdoor enthusiasts alike.
Buyer vs Seller Market in Powers, MI
The real estate market in Powers, MI has shown signs of stability, with a consistent demand for homes in the area. Properties here are typically affordable compared to more metropolitan regions, making it an attractive option for first-time buyers and retirees alike.
More recently, there has been a slight uptick in property values, indicating a growing interest in the region, especially for those seeking vacation homes or retirement properties.
Home Value Estimator For Powers, MI
There are currently 377 real estate properties
in Powers, MI,
with a median automated valuation model (AVM) price
of $140,436.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Powers, 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 Powers, MI,
is $160,950.00, with the most expensive house
in Powers, MI, topping out
at $725,794.00 and the cheapest home
in Powers, MI,
clocking in at $32,281.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Powers, MI!
Rent Prices
In Powers, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Powers, MI, is on
a rollercoaster ride. The
average rent price in Powers, MI,
is $1,432.00. Indeed, when looking to rent in
Powers, MI, you can expect to pay as little
as $910.00 or as much
as $1,820.00,
with the average rent median estimated to
be $1,450.00. The good news is that finding
an affordable and desirable property to rent in Powers, 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.
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