South Range, MI Foreclosures
How much do homes sell for in South Range, MI?
The average home price is currently $151,405.
What’s the average rental cost in South Range, MI?
The average rental price in South Range is $1,372.
What is the most expensive home in South Range?
The most expensive home sold in South Range had a price of $481,860.
What is currently the cheapest priced home in South Range, MI?
The cheapest home for sale in South Range is priced at $43,099.
Living in South Range, MI
South Range, MI is a small village with a charming atmosphere that offers a blend of outdoor recreation and community spirit. It boasts easy access to nature, quality education, and essential amenities. Residents appreciate the peaceful living and tight-knit community that define this wonderful area.
Current Market Conditions in South Range, MI
The real estate market in South Range is currently witnessing steady growth with increasing interest from buyers looking for affordable housing options. Given its picturesque surroundings, many homes attract those looking for vacation getaways or a second home in the beautiful Upper Peninsula of Michigan.
Properties in South Range tend to be reasonably priced compared to larger cities, which is attracting new families and retirees. With a combination of older, character-filled homes and new developments, the market provides a range of options for different buyers.
Home Value Estimator For South Range, MI
There are currently 143 real estate properties
in South Range, MI,
with a median automated valuation model (AVM) price
of $130,581.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in South Range, 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 South Range, MI,
is $151,405.00, with the most expensive house
in South Range, MI, topping out
at $481,860.00 and the cheapest home
in South Range, MI,
clocking in at $43,099.00. In other words, there’s
something for every potential homebuyer
or savvy investor in South Range, MI!
Rent Prices
In South Range, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in South Range, MI, is on
a rollercoaster ride. The
average rent price in South Range, MI,
is $1,372.00. Indeed, when looking to rent in
South Range, MI, you can expect to pay as little
as $980.00 or as much
as $1,950.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in South Range, 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.
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