Ramsay, MI Foreclosures
How much do homes sell for in Ramsay, MI?
The average home price is currently $96,451.
What’s the average rental cost in Ramsay, MI?
The average rental price in Ramsay is $1,134.
What is the most expensive home in Ramsay?
The most expensive home sold in Ramsay had a price of $398,269.
What is currently the cheapest priced home in Ramsay, MI?
The cheapest home for sale in Ramsay is priced at $23,158.
Living in Ramsay, MI
Ramsay, Michigan is a small town located in the scenic Gogebic County, known for its beautiful landscapes and outdoor activities. The community is close-knit, making it a welcoming place for families and individuals alike. With access to a multitude of recreational opportunities, including hiking, fishing, and snowmobiling, Ramsay is ideal for those who appreciate nature and a relaxed lifestyle.
Current Market Conditions in Ramsay, MI
The real estate market in Ramsay is currently stable, with a moderate level of inventory available for potential homebuyers. A growing interest in remote living and outdoor activities has drawn attention to the area, fostering a healthy demand for properties despite its small size.
Many homes in Ramsay are affordable, appealing to first-time buyers or those looking to downsize. Properties often sell relatively quickly, indicating a competitive market.
Home Value Estimator For Ramsay, MI
There are currently 268 real estate properties
in Ramsay, MI,
with a median automated valuation model (AVM) price
of $84,159.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ramsay, 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 Ramsay, MI,
is $96,451.00, with the most expensive house
in Ramsay, MI, topping out
at $398,269.00 and the cheapest home
in Ramsay, MI,
clocking in at $23,158.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ramsay, MI!
Rent Prices
In Ramsay, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ramsay, MI, is on
a rollercoaster ride. The
average rent price in Ramsay, MI,
is $1,134.00. Indeed, when looking to rent in
Ramsay, MI, you can expect to pay as little
as $720.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,090.00. The good news is that finding
an affordable and desirable property to rent in Ramsay, 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
