Shingleton, MI Foreclosures
How much do homes sell for in Shingleton, MI?
The average home price is currently $191,574.
What’s the average rental cost in Shingleton, MI?
The average rental price in Shingleton is $1,258.
What is the most expensive home in Shingleton?
The most expensive home sold in Shingleton had a price of $840,718.
What is currently the cheapest priced home in Shingleton, MI?
The cheapest home for sale in Shingleton is priced at $37,741.
Living in Shingleton, MI
Shingleton, MI, is a charming village in the Upper Peninsula known for its stunning natural landscapes and outdoor activities. With a small-town feel, it offers residents a peaceful atmosphere with opportunities for fishing, hiking, and snowmobiling. It serves as a perfect retreat for nature enthusiasts and those seeking tranquility.
Current Market Conditions in Shingleton, MI
The real estate market in Shingleton has been relatively stable, with a gradual increase in home values as more people are discovering the charm of the Upper Peninsula. The area is particularly appealing to those seeking vacation homes or retreats from urban life, resulting in heightened interest from buyers looking for affordable properties.
In recent months, inventory has remained low, which has created a competitive environment for home buyers. Listings are receiving interest more quickly as potential owners are recognizing the area's potential for both living and investment opportunities.
Historically, the market has shown resilience with slow growth, making it an attractive long-term investment. As more vacationers and retirees consider relocating, the positive trend is expected to continue.
Home Value Estimator For Shingleton, MI
There are currently 247 real estate properties
in Shingleton, MI,
with a median automated valuation model (AVM) price
of $157,982.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Shingleton, 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 Shingleton, MI,
is $191,574.00, with the most expensive house
in Shingleton, MI, topping out
at $840,718.00 and the cheapest home
in Shingleton, MI,
clocking in at $37,741.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shingleton, MI!
Rent Prices
In Shingleton, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shingleton, MI, is on
a rollercoaster ride. The
average rent price in Shingleton, MI,
is $1,258.00. Indeed, when looking to rent in
Shingleton, MI, you can expect to pay as little
as $640.00 or as much
as $1,740.00,
with the average rent median estimated to
be $1,220.00. The good news is that finding
an affordable and desirable property to rent in Shingleton, 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.
Learn more on Foreclosure homes
