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Preforeclosure Homes in Shelby Township, MI

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Shelby Township, MI Foreclosures

How much do homes sell for in Shelby Township, MI?
The average home price is currently $429,048.
In Shelby Township, MI, how many homes are available?
There are currently 11 active home listings available in Shelby Township.
What’s the average rental cost in Shelby Township, MI?
The average rental price in Shelby Township is $1,757.
What is the most expensive home in Shelby Township?
The most expensive home sold in Shelby Township had a price of $8,905,103.
What is currently the cheapest priced home in Shelby Township, MI?
The cheapest home for sale in Shelby Township is priced at $23,932.

Living in Shelby Township, MI

Shelby Township, located in Macomb County, MI, is a family-friendly suburb with a strong sense of community. It offers a variety of parks, schools, and amenities, along with easy access to major highways and public transportation. The township combines suburban charm with the conveniences of modern living.

Current Market Conditions in Shelby Township, MI

The real estate market in Shelby Township has been showing a steady increase in home values, reflecting the area's popularity among new buyers. With its good schools, safe neighborhoods, and abundance of amenities, demand remains high for homes, especially among families and young professionals. The market is characterized by a healthy inventory of homes, although the competitive nature has led to quicker sales and rising prices in desirable areas.

While interest rates have impacted buying power for some, Shelby Township remains an attractive option for those looking to invest in suburban real estate due to its overall affordability compared to nearby urban centers.

Home Value Estimator For Shelby Township, MI

There are currently 24,619 real estate properties in Shelby Township, MI, with a median automated valuation model (AVM) price of $390,670.00. 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 Township, 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 Township, MI, is $429,048.00, with the most expensive house in Shelby Township, MI, topping out at $8,905,103.00 and the cheapest home in Shelby Township, MI, clocking in at $23,932.00. In other words, there’s something for every potential homebuyer or savvy investor in Shelby Township, MI!

Rent Prices In Shelby Township, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shelby Township, MI, is on a rollercoaster ride. The average rent price in Shelby Township, MI, is $1,757.00. Indeed, when looking to rent in Shelby Township, MI, you can expect to pay as little as $610.00 or as much as $3,120.00, with the average rent median estimated to be $1,730.00. The good news is that finding an affordable and desirable property to rent in Shelby Township, 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 Township, MI Preforeclosure Homes


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