South Range, MI Foreclosures
How much do homes sell for in South Range, MI?
The average home price is currently $145,064.
In South Range, MI, how many homes are available?
There are currently 13 active home listings available in South Range.
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 $485,353.
What is currently the cheapest priced home in South Range, MI?
The cheapest home for sale in South Range is priced at $46,457.
Living in South Range, MI
South Range, MI is a small, serene village in Houghton County that provides a close-knit community atmosphere backed by stunning natural beauty. With excellent outdoor activities year-round, including fishing, hiking, and skiing, it's perfect for nature lovers. Along with quality education and community events, it offers a welcoming environment for families.
Current Market Conditions in South Range, MI
The real estate market in South Range is characterized by affordability and quaint charm, making it an attractive option for first-time home buyers and retirees alike. The demand for homes has shown a gradual increase, with a steady interest from buyers searching for peaceful living amidst natural beauty.
Despite being a small village, South Range has seen an uptick in market activity, particularly in the last few months. Homes are typically priced lower compared to the state average, providing great opportunities for investment, especially for those interested in vacation rentals or year-round residences.
Home Value Estimator For South Range, MI
There are currently 310 real estate properties
in South Range, MI,
with a median automated valuation model (AVM) price
of $130,379.00. 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 $145,064.00, with the most expensive house
in South Range, MI, topping out
at $485,353.00 and the cheapest home
in South Range, MI,
clocking in at $46,457.00. 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.
Learn more on Foreclosure homes
