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Rent To Own Homes in Walled Lake, MI 48390

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Walled Lake, MI Foreclosures

How much do homes sell for in Walled Lake, MI?
The average home price is currently $304,000.
In Walled Lake, MI, how many homes are available?
There are currently 20 active home listings available in Walled Lake.
What’s the average rental cost in Walled Lake, MI?
The average rental price in Walled Lake is $1,449.
What is the most expensive home in Walled Lake?
The most expensive home sold in Walled Lake had a price of $8,916,600.
What is currently the cheapest priced home in Walled Lake, MI?
The cheapest home for sale in Walled Lake is priced at $21,423.

Living in Walled Lake, MI

Walled Lake, MI, is a picturesque city nestled in Oakland County known for its beautiful lakes and friendly community. With its parks, recreational activities, and local amenities, Walled Lake offers a perfect blend of suburban comfort and vibrant outdoor experiences. Its community spirit and local events make it a desirable place for families and newcomers alike.

Current Market Conditions in Walled Lake, MI

The real estate market in Walled Lake, MI, has shown consistent growth over the past year, with home values appreciating steadily. The demand for single-family homes remains high, bolstered by the city's attractive amenities and natural beauty.

Current home listings show a competitive market, with homes priced in various ranges appealing to both first-time buyers and those seeking larger family homes. Interest rates have influenced buyer behavior, but the overall market remains robust.

Home Value Estimator For Walled Lake, MI

There are currently 3,578 real estate properties in Walled Lake, MI, with a median automated valuation model (AVM) price of $265,823.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Walled 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 Walled Lake, MI, is $304,000.00, with the most expensive house in Walled Lake, MI, topping out at $8,916,600.00 and the cheapest home in Walled Lake, MI, clocking in at $21,423.00. In other words, there’s something for every potential homebuyer or savvy investor in Walled Lake, MI!

Rent Prices In Walled Lake, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Walled Lake, MI, is on a rollercoaster ride. The average rent price in Walled Lake, MI, is $1,449.00. Indeed, when looking to rent in Walled Lake, MI, you can expect to pay as little as $740.00 or as much as $3,460.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Walled 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.

Walled Lake, MI 48390 Rent To Own Homes

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