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Preforeclosure Homes in Shelby, MI 49455

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Shelby, MI Foreclosures

How much do homes sell for in Shelby, MI?
The average home price is currently $310,146.
What’s the average rental cost in Shelby, MI?
The average rental price in Shelby is $1,442.
What is the most expensive home in Shelby?
The most expensive home sold in Shelby had a price of $2,626,717.
What is currently the cheapest priced home in Shelby, MI?
The cheapest home for sale in Shelby is priced at $12,089.

Living in Shelby, MI

Shelby, MI is a quaint town known for its friendly atmosphere and beautiful natural landscapes. With a strong sense of community pride, residents enjoy various local events and outdoor activities. The town offers essential amenities while being surrounded by scenic charm and a welcoming environment.

Current Market Conditions in Shelby, MI

The real estate market in Shelby remains steady, with a healthy mix of family homes, cottages, and vacant lots available. The affordability of housing compared to larger cities attracts buyers seeking a quieter lifestyle. Interest rates have been fluctuating, but the demand for homes, especially those close to outdoor recreational areas, remains strong.

Home Value Estimator For Shelby, MI

There are currently 2,527 real estate properties in Shelby, MI, with a median automated valuation model (AVM) price of $216,955.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shelby, 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 Shelby, MI, is $310,146.00, with the most expensive house in Shelby, MI, topping out at $2,626,717.00 and the cheapest home in Shelby, MI, clocking in at $12,089.00. In other words, there’s something for every potential homebuyer or savvy investor in Shelby, MI!

Rent Prices In Shelby, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shelby, MI, is on a rollercoaster ride. The average rent price in Shelby, MI, is $1,442.00. Indeed, when looking to rent in Shelby, MI, you can expect to pay as little as $720.00 or as much as $2,650.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Shelby, 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.

Shelby, MI 49455 Preforeclosure Homes


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