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Rent To Own Homes in Shelbyville, MI 49344

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Shelbyville, MI Foreclosures

How much do homes sell for in Shelbyville, MI?
The average home price is currently $407,803.
In Shelbyville, MI, how many homes are available?
There are currently 3 active home listings available in Shelbyville.
What’s the average rental cost in Shelbyville, MI?
The average rental price in Shelbyville is $1,327.
What is the most expensive home in Shelbyville?
The most expensive home sold in Shelbyville had a price of $2,425,500.
What is currently the cheapest priced home in Shelbyville, MI?
The cheapest home for sale in Shelbyville is priced at $15,022.

Living in Shelbyville, MI

Shelbyville, MI, is a charming small town that offers a serene atmosphere and great outdoor activities for families and nature enthusiasts. With easy access to larger urban areas and a variety of local amenities, it strikes the perfect balance between peaceful country living and city convenience. Explore the beautiful landscapes and welcoming community of Shelbyville.

Current Market Conditions in Shelbyville, MI

The real estate market in Shelbyville has shown positive growth in recent months, with an increasing number of home sales and a steady rise in property values. Current buyers are drawn to the area's affordability compared to larger urban centers, along with the appeal of the natural surroundings and community spirit.

As families seek out more spacious living arrangements and a sense of community, Shelbyville has experienced an influx of interest in its housing market. With several new developments being planned, the area is positioned for sustained growth.

Investors are taking notice of Shelbyville as a promising market for future investments, especially as the trend towards remote work continues to allow residents to choose less congested locations.

Home Value Estimator For Shelbyville, MI

There are currently 1,658 real estate properties in Shelbyville, MI, with a median automated valuation model (AVM) price of $346,934.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shelbyville, 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 Shelbyville, MI, is $407,803.00, with the most expensive house in Shelbyville, MI, topping out at $2,425,500.00 and the cheapest home in Shelbyville, MI, clocking in at $15,022.00. In other words, there’s something for every potential homebuyer or savvy investor in Shelbyville, MI!

Rent Prices In Shelbyville, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shelbyville, MI, is on a rollercoaster ride. The average rent price in Shelbyville, MI, is $1,327.00. Indeed, when looking to rent in Shelbyville, MI, you can expect to pay as little as $460.00 or as much as $2,460.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Shelbyville, 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.

Shelbyville, MI 49344 Rent To Own Homes

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