Ruth, MI Foreclosures
How much do homes sell for in Ruth, MI?
The average home price is currently $180,049.
In Ruth, MI, how many homes are available?
There are currently 45 active home listings available in Ruth.
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 $578,520.
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, Michigan is a quaint rural town known for its tight-knit community and peaceful surroundings. Residents enjoy a friendly atmosphere and access to outdoor recreational activities in a scenic natural setting. Ideal for families and those seeking a slower pace of life, Ruth offers an opportunity to connect with nature while being part of a vibrant community.
Current Market Conditions in Ruth, MI
The real estate market in Ruth, MI has recently seen an uptick in interest from buyers looking for homes in quieter, rural areas. The prices for residential properties remain relatively affordable compared to urban centers, making it an attractive option for families and retirees. Several homes have gone under contract quickly as inventory is limited, leading to competitive offers. Homes with larger yards or those near recreational amenities tend to be the most popular among buyers.
Investors are also exploring opportunities in Ruth as many individuals are looking to escape urban living. The town's scenic views and rural charm are contributing to rising property values, indicating a positive trend in the local market.
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 $160,507.00. 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 $180,049.00, with the most expensive house
in Ruth, MI, topping out
at $578,520.00 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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