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Foreclosure Homes in Silverwood, MI

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Silverwood, MI Foreclosures

How much do homes sell for in Silverwood, MI?
The average home price is currently $176,866.
In Silverwood, MI, how many homes are available?
There are currently 5 active home listings available in Silverwood.
What’s the average rental cost in Silverwood, MI?
The average rental price in Silverwood is $1,144.
What is the most expensive home in Silverwood?
The most expensive home sold in Silverwood had a price of $1,210,200.
What is currently the cheapest priced home in Silverwood, MI?
The cheapest home for sale in Silverwood is priced at $15,805.

Living in Silverwood, MI

Silverwood, MI is a peaceful community perfect for those who appreciate outdoor activities and a tranquil lifestyle. Surrounded by nature, it offers a variety of leisure pursuits while maintaining a welcoming small-town atmosphere. Conveniently located near more extensive amenities, it combines the best of both worlds.

Current Market Conditions in Silverwood, MI

The real estate market in Silverwood is currently competitive, with a mix of properties ranging from modest homes to larger family residences. Prices have been steadily increasing as more buyers look to escape urban areas for quieter surroundings.

There has been a noticeable rise in interest from out-of-state buyers, particularly those looking for second homes due to the area's natural beauty and recreational opportunities.

Home Value Estimator For Silverwood, MI

There are currently 645 real estate properties in Silverwood, MI, with a median automated valuation model (AVM) price of $141,372.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Silverwood, 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 Silverwood, MI, is $176,866.00, with the most expensive house in Silverwood, MI, topping out at $1,210,200.00 and the cheapest home in Silverwood, MI, clocking in at $15,805.00. In other words, there’s something for every potential homebuyer or savvy investor in Silverwood, MI!

Rent Prices In Silverwood, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Silverwood, MI, is on a rollercoaster ride. The average rent price in Silverwood, MI, is $1,144.00. Indeed, when looking to rent in Silverwood, MI, you can expect to pay as little as $550.00 or as much as $2,170.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Silverwood, 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.

Silverwood, MI Foreclosures


Market Trend for Silverwood, MI

Total Listings Available: 5

Market Values:

Home Prices from $15,805 to $1,210,200

Average Sales Price: $176,866

Rental Values:

Rental from $550 to $2,170

Average Rent Value: $1,144 / month

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