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Foreclosure Homes in Wakefield, MI 49968

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Wakefield, MI Foreclosures

How much do homes sell for in Wakefield, MI?
The average home price is currently $135,268.
In Wakefield, MI, how many homes are available?
There are currently 1 active home listings available in Wakefield.
What’s the average rental cost in Wakefield, MI?
The average rental price in Wakefield is $1,195.
What is the most expensive home in Wakefield?
The most expensive home sold in Wakefield had a price of $934,643.
What is currently the cheapest priced home in Wakefield, MI?
The cheapest home for sale in Wakefield is priced at $15,178.

Living in Wakefield, MI

Wakefield, MI is a charming small town known for its beautiful scenery and strong sense of community. Surrounded by nature, it provides residents with numerous recreational activities and a peaceful lifestyle. The town features local shops, eateries, and quality schools, making it a great place for families.

Current Market Conditions in Wakefield, MI

The real estate market in Wakefield is currently stable with a gradual increase in property values observed over the past year. The demand for homes has been particularly strong among families seeking a quieter lifestyle away from larger urban areas, contributing to a healthy market dynamic.

There are indications of a slight trend toward more buyers looking for vacation homes, driven by the area's natural beauty and recreational opportunities. As a result, properties that offer access to lakes and outdoor activities have become more desirable.

Home Value Estimator For Wakefield, MI

There are currently 959 real estate properties in Wakefield, MI, with a median automated valuation model (AVM) price of $105,512.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wakefield, 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 Wakefield, MI, is $135,268.00, with the most expensive house in Wakefield, MI, topping out at $934,643.00 and the cheapest home in Wakefield, MI, clocking in at $15,178.00. In other words, there’s something for every potential homebuyer or savvy investor in Wakefield, MI!

Rent Prices In Wakefield, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wakefield, MI, is on a rollercoaster ride. The average rent price in Wakefield, MI, is $1,195.00. Indeed, when looking to rent in Wakefield, MI, you can expect to pay as little as $540.00 or as much as $2,500.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Wakefield, 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.

Wakefield, MI 49968 Foreclosures


Market Trend for Wakefield, MI

Total Listings Available: 1

Market Values:

Home Prices from $15,178 to $934,643

Average Sales Price: $135,268

Rental Values:

Rental from $540 to $2,500

Average Rent Value: $1,195 / month

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