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Foreclosure Homes in Suttons Bay, MI

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Suttons Bay, MI Foreclosures

How much do homes sell for in Suttons Bay, MI?
The average home price is currently $836,979.
In Suttons Bay, MI, how many homes are available?
There are currently 1 active home listings available in Suttons Bay.
What’s the average rental cost in Suttons Bay, MI?
The average rental price in Suttons Bay is $1,415.
What is the most expensive home in Suttons Bay?
The most expensive home sold in Suttons Bay had a price of $5,160,679.
What is currently the cheapest priced home in Suttons Bay, MI?
The cheapest home for sale in Suttons Bay is priced at $31,000.

Living in Suttons Bay, MI

Suttons Bay is a picturesque village located in Leelanau County, known for its stunning waterfront along Lake Michigan and a charming small-town atmosphere. The area is rich in local culture, outdoor activities, and a tight-knit community vibe, making it ideal for families and retirees alike. Residents enjoy access to vineyards, scenic parks, and a variety of local events throughout the year.

Current Market Conditions in Suttons Bay, MI

The real estate market in Suttons Bay has shown steady growth over the past year, with a strong interest from both buyers and renters. The picturesque scenery and proximity to outdoor activities make it a desirable location. Home prices have appreciated, reflecting the demand, particularly for vacation homes and properties that offer lake views.

Investments in local amenities and infrastructure have contributed to the area's attractiveness, supporting a vibrant real estate market. The community is actively improving recreational facilities and increasing tourism efforts, which may further drive demand and growth in property values.

Home Value Estimator For Suttons Bay, MI

There are currently 1,978 real estate properties in Suttons Bay, MI, with a median automated valuation model (AVM) price of $656,073.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Suttons Bay, 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 Suttons Bay, MI, is $836,979.00, with the most expensive house in Suttons Bay, MI, topping out at $5,160,679.00 and the cheapest home in Suttons Bay, MI, clocking in at $31,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Suttons Bay, MI!

Rent Prices In Suttons Bay, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Suttons Bay, MI, is on a rollercoaster ride. The average rent price in Suttons Bay, MI, is $1,415.00. Indeed, when looking to rent in Suttons Bay, MI, you can expect to pay as little as $620.00 or as much as $2,600.00, with the average rent median estimated to be $1,390.00. The good news is that finding an affordable and desirable property to rent in Suttons Bay, 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.

Suttons Bay, MI Foreclosures


Market Trend for Suttons Bay, MI

Total Listings Available: 1

Market Values:

Home Prices from $31,000 to $5,160,679

Average Sales Price: $836,979

Rental Values:

Rental from $620 to $2,600

Average Rent Value: $1,415 / month

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