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Cheap Homes in Republic, MI

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Republic, MI Foreclosures

How much do homes sell for in Republic, MI?
The average home price is currently $204,527.
What’s the average rental cost in Republic, MI?
The average rental price in Republic is $1,185.
What is the most expensive home in Republic?
The most expensive home sold in Republic had a price of $1,118,741.
What is currently the cheapest priced home in Republic, MI?
The cheapest home for sale in Republic is priced at $26,588.

Living in Republic, MI

Republic, MI, is a quaint community in the Upper Peninsula known for its outdoor recreational opportunities and friendly atmosphere. It's the perfect place for nature lovers and those seeking a slower pace of life. Residents enjoy a tight-knit community with essential amenities and excellent schools.

Current Market Conditions in Republic, MI

The real estate market in Republic is currently characterized by affordable housing options, making it an attractive location for first-time homebuyers and those looking for investment properties. With a mix of older homes and new constructions, buyers have a variety of choices to suit their taste and budgets.

Market trends indicate a gradual appreciation in home values, as more people discover the charm of small-town living in the Upper Peninsula. The demand for both waterfront properties and homes with larger plots of land is increasing, as more individuals seek space and tranquility.

Home Value Estimator For Republic, MI

There are currently 995 real estate properties in Republic, MI, with a median automated valuation model (AVM) price of $165,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Republic, 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 Republic, MI, is $204,527.00, with the most expensive house in Republic, MI, topping out at $1,118,741.00 and the cheapest home in Republic, MI, clocking in at $26,588.00. In other words, there’s something for every potential homebuyer or savvy investor in Republic, MI!

Rent Prices In Republic, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Republic, MI, is on a rollercoaster ride. The average rent price in Republic, MI, is $1,185.00. Indeed, when looking to rent in Republic, MI, you can expect to pay as little as $600.00 or as much as $2,220.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Republic, 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.

Cheap Homes in Republic, MI


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