Temperance, MI Foreclosures
How much do homes sell for in Temperance, MI?
The average home price is currently $293,265.
In Temperance, MI, how many homes are available?
There are currently 19 active home listings available in Temperance.
What’s the average rental cost in Temperance, MI?
The average rental price in Temperance is $1,283.
What is the most expensive home in Temperance?
The most expensive home sold in Temperance had a price of $3,082,082.
What is currently the cheapest priced home in Temperance, MI?
The cheapest home for sale in Temperance is priced at $21,094.
Living in Temperance, MI
Temperance is a quaint suburban community located in Bedford Township, known for its friendly atmosphere and family-oriented lifestyle. Residents enjoy access to beautiful parks, excellent schools, and a close-knit community feel. The town offers a variety of local businesses and recreational activities, making it an ideal place for families and individuals alike.
Current Market Conditions in Temperance, MI
The real estate market in Temperance, MI, is currently experiencing steady growth. Home prices have seen an upward trend, driven by increasing demand and a limited supply of available homes. The community's appeal, coupled with its excellent school system and park access, has attracted many buyers seeking suburban living.
In recent months, there has been a notable increase in the number of home sales, indicating a competitive market where buyers are motivated to act quickly. However, the rising interest rates could impact affordability for some potential homeowners, leading to a mixture of urgency and caution amongst buyers.
Home Value Estimator For Temperance, MI
There are currently 8,225 real estate properties
in Temperance, MI,
with a median automated valuation model (AVM) price
of $274,016.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Temperance, 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 Temperance, MI,
is $293,265.00, with the most expensive house
in Temperance, MI, topping out
at $3,082,082.00 and the cheapest home
in Temperance, MI,
clocking in at $21,094.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Temperance, MI!
Rent Prices
In Temperance, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Temperance, MI, is on
a rollercoaster ride. The
average rent price in Temperance, MI,
is $1,283.00. Indeed, when looking to rent in
Temperance, MI, you can expect to pay as little
as $740.00 or as much
as $2,760.00,
with the average rent median estimated to
be $1,260.00. The good news is that finding
an affordable and desirable property to rent in Temperance, 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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