Sumner, MI Foreclosures
How much do homes sell for in Sumner, MI?
The average home price is currently $189,372.
In Sumner, MI, how many homes are available?
There are currently 2 active home listings available in Sumner.
What’s the average rental cost in Sumner, MI?
The average rental price in Sumner is $1,413.
What is the most expensive home in Sumner?
The most expensive home sold in Sumner had a price of $774,658.
What is currently the cheapest priced home in Sumner, MI?
The cheapest home for sale in Sumner is priced at $10,174.
Living in Sumner, MI
Sumner, Michigan, is a quaint, friendly town nestled in a scenic rural setting. Its welcoming community and peaceful lifestyle make it an ideal location for families and individuals seeking a quieter pace of life. Residents enjoy easy access to outdoor activities and nearby amenities in larger towns.
Current Market Conditions in Sumner, MI
The Sumner real estate market is currently experiencing a steady demand for housing, with a mix of traditional homes and new developments attracting buyers looking for affordability and community-oriented living. Properties in this area tend to sell quickly, demonstrating the appeal of the locale for homebuyers seeking tranquility and a supportive community atmosphere.
There has been a notable interest in single-family homes, particularly among first-time homebuyers and families seeking more space. The trend of seeking suburban living options has contributed to an increase in home sales and a gradual rise in property values, establishing Sumner as a desirable place to invest in real estate.
Home Value Estimator For Sumner, MI
There are currently 531 real estate properties
in Sumner, MI,
with a median automated valuation model (AVM) price
of $174,748.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sumner, 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 Sumner, MI,
is $189,372.00, with the most expensive house
in Sumner, MI, topping out
at $774,658.00 and the cheapest home
in Sumner, MI,
clocking in at $10,174.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sumner, MI!
Rent Prices
In Sumner, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sumner, MI, is on
a rollercoaster ride. The
average rent price in Sumner, MI,
is $1,413.00. Indeed, when looking to rent in
Sumner, MI, you can expect to pay as little
as $770.00 or as much
as $2,390.00,
with the average rent median estimated to
be $1,450.00. The good news is that finding
an affordable and desirable property to rent in Sumner, 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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