Living in Sumner, MI
Sumner, Michigan, is a picturesque community known for its peaceful rural environment and active outdoor life. With easy access to nearby amenities and beautiful natural surroundings, it's an ideal location for families and nature lovers. The town provides a small-town charm while being within reach of urban conveniences.
Current Market Conditions in Sumner, MI
The real estate market in Sumner, MI, has shown steady growth over the past few years, with an increasing interest from potential homebuyers looking for affordable housing options in a serene environment. As urban areas become more crowded, the appeal of rural living continues to rise.
Current market trends indicate a healthy demand for homes in Sumner, especially for families and retirees. This growing interest is contributing to a stable appreciation in property values, providing a promising scenario for real estate investors.
Home Value Estimator For Sumner, MI
There are currently 473 real estate properties
in Sumner, MI,
with a median automated valuation model (AVM) price
of $164,591.00. 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 $177,331.00, with the most expensive house
in Sumner, MI, topping out
at $754,913.00 and the cheapest home
in Sumner, MI,
clocking in at $12,537.00. 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.
Learn more on Foreclosure homes
