Twin Lake, MI Foreclosures
How much do homes sell for in Twin Lake, MI?
The average home price is currently $289,741.
In Twin Lake, MI, how many homes are available?
There are currently 18 active home listings available in Twin Lake.
What’s the average rental cost in Twin Lake, MI?
The average rental price in Twin Lake is $1,418.
What is the most expensive home in Twin Lake?
The most expensive home sold in Twin Lake had a price of $28,606,100.
What is currently the cheapest priced home in Twin Lake, MI?
The cheapest home for sale in Twin Lake is priced at $11,984.
Living in Twin Lake, MI
Twin Lake, MI is a serene community just north of Muskegon, known for its beautiful lakes and friendly atmosphere. It offers a peaceful lifestyle with ample outdoor activities, local amenities, and a strong sense of community. Residents enjoy a slower pace while still having access to nearby city conveniences.
Current Market Conditions in Twin Lake, MI
The real estate market in Twin Lake, MI has shown resilience over the past year, with consistent demand for housing driven by its natural beauty and tranquil lifestyle. Home prices have steadily increased, making it a desirable location for new buyers and investors alike. With the growing interest in rural living, more people are moving to this area, further intensifying the market.
Inventory has been relatively low, leading to competitive offers on available properties. Homes in Twin Lake tend to sell quickly, reflecting the appeal of this scenic community. Over the past few months, this trend has intensified, with homes not remaining on the market for long.
Home Value Estimator For Twin Lake, MI
There are currently 4,397 real estate properties
in Twin Lake, MI,
with a median automated valuation model (AVM) price
of $265,744.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Twin Lake, 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 Twin Lake, MI,
is $289,741.00, with the most expensive house
in Twin Lake, MI, topping out
at $28,606,100.00 and the cheapest home
in Twin Lake, MI,
clocking in at $11,984.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Twin Lake, MI!
Rent Prices
In Twin Lake, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Twin Lake, MI, is on
a rollercoaster ride. The
average rent price in Twin Lake, MI,
is $1,418.00. Indeed, when looking to rent in
Twin Lake, MI, you can expect to pay as little
as $680.00 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 Twin Lake, 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
