Foreclosure Homes in Prescott, MI 48756

Current Market Conditions in Prescott, MI

Currently, Prescott's real estate market is quite stable, with a mix of affordable housing options available. Demand remains consistent, particularly for homes with land that provide ample space for outdoor activities. First-time buyers and retirees are primarily driving the market, seeking the tranquility that Prescott offers.

The area has seen some interest in property as more buyers are looking for affordable alternatives to city living, making Prescott a desirable destination for potential homeowners.

Rent Prices In Prescott, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prescott, MI, is on a rollercoaster ride. The average rent price in Prescott, MI, is $1,116.00. Indeed, when looking to rent in Prescott, MI, you can expect to pay as little as $640.00 or as much as $1,840.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Prescott, 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.