Ruth, MI Foreclosures
How much do homes sell for in Ruth, MI?
The average home price is currently $181,776.
What’s the average rental cost in Ruth, MI?
The average rental price in Ruth is $1,374.
What is the most expensive home in Ruth?
The most expensive home sold in Ruth had a price of $575,772.
What is currently the cheapest priced home in Ruth, MI?
The cheapest home for sale in Ruth is priced at $27,104.
Living in Ruth, MI
Ruth, MI is a quaint village in Huron County, perfect for those seeking a peaceful rural lifestyle. This tight-knit community is surrounded by beautiful landscapes and offers essential amenities for residents. With strong educational institutions and vibrant community events, Ruth provides a great setting for families and retirees alike.
Current Market Conditions in Ruth, MI
The real estate market in Ruth is currently stable, with modest growth observed in property values. New listings are emerging, catering to individuals seeking affordable housing options in a rural setting. Buyers appreciate the quiet lifestyle, which contrasts with more urban environments.
With the demand for rural properties increasing, Ruth is witnessing a slow but steady influx of new residents, interested mainly in farmhouses and single-family homes. The market remains competitive, as inventory levels are relatively low compared to the demand.
Home Value Estimator For Ruth, MI
There are currently 205 real estate properties
in Ruth, MI,
with a median automated valuation model (AVM) price
of $166,354.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ruth, 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 Ruth, MI,
is $181,776.00, with the most expensive house
in Ruth, MI, topping out
at $575,772.00 and the cheapest home
in Ruth, MI,
clocking in at $27,104.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ruth, MI!
Rent Prices
In Ruth, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ruth, MI, is on
a rollercoaster ride. The
average rent price in Ruth, MI,
is $1,374.00. Indeed, when looking to rent in
Ruth, MI, you can expect to pay as little
as $1,080.00 or as much
as $1,840.00,
with the average rent median estimated to
be $1,380.00. The good news is that finding
an affordable and desirable property to rent in Ruth, 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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