Living in Ubly, MI
Ubly, Michigan is a quaint rural town boasting a friendly community and beautiful landscapes. Known for its agriculture, Ubly offers an affordable lifestyle with great schools and ample outdoor activities. Residents enjoy a peaceful atmosphere, making it a great place to call home.
Current Market Conditions in Ubly, MI
The Ubly real estate market has shown steady growth over recent months, with property values gradually increasing. The demand for homes in this quiet town has been fueled partly by remote workers seeking affordable options outside bustling urban areas.
As of now, homes are selling moderately fast, and there is a low inventory, which indicates a favorable market for sellers. Buyers can expect reasonable prices compared to the state average.
Home Value Estimator For Ubly, MI
There are currently 780 real estate properties
in Ubly, MI,
with a median automated valuation model (AVM) price
of $137,817.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ubly, 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 Ubly, MI,
is $164,144.00, with the most expensive house
in Ubly, MI, topping out
at $644,264.00 and the cheapest home
in Ubly, MI,
clocking in at $21,565.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ubly, MI!
Rent Prices
In Ubly, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ubly, MI, is on
a rollercoaster ride. The
average rent price in Ubly, MI,
is $1,295.00. Indeed, when looking to rent in
Ubly, MI, you can expect to pay as little
as $490.00 or as much
as $1,660.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Ubly, 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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