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Cheap Homes in Springfield, MI

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Springfield, MI Foreclosures

How much do homes sell for in Springfield, MI?
The average home price is currently $157,413.
What’s the average rental cost in Springfield, MI?
The average rental price in Springfield is $1,086.
What is the most expensive home in Springfield?
The most expensive home sold in Springfield had a price of $5,461,882.
What is currently the cheapest priced home in Springfield, MI?
The cheapest home for sale in Springfield is priced at $13,433.

Living in Springfield, MI

Springfield, MI, is a small yet vibrant city known for its community spirit and convenient location near Battle Creek. With a range of amenities, great schools, and beautiful parks, Springfield is an ideal place for families and individuals seeking a peaceful suburban lifestyle. The city offers excellent recreational opportunities and a variety of local shops and services.

Current Market Conditions in Springfield, MI

The real estate market in Springfield is showing signs of growth, with an increasing number of homes being sold and new listings appearing regularly. The affordability of homes compared to neighboring cities has attracted first-time buyers and those looking for vacation homes in the region. Additionally, the rise in remote work has led to more individuals seeking spacious homes in less populated areas, benefiting the Springfield market.

Home Value Estimator For Springfield, MI

There are currently 1,333 real estate properties in Springfield, MI, with a median automated valuation model (AVM) price of $142,935.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Springfield, 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 Springfield, MI, is $157,413.00, with the most expensive house in Springfield, MI, topping out at $5,461,882.00 and the cheapest home in Springfield, MI, clocking in at $13,433.00. In other words, there’s something for every potential homebuyer or savvy investor in Springfield, MI!

Rent Prices In Springfield, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Springfield, MI, is on a rollercoaster ride. The average rent price in Springfield, MI, is $1,086.00. Indeed, when looking to rent in Springfield, MI, you can expect to pay as little as $650.00 or as much as $1,920.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Springfield, 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.

Cheap Homes in Springfield, MI


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