Washington, MI Foreclosures
How much do homes sell for in Washington, MI?
The average home price is currently $538,557.
What’s the average rental cost in Washington, MI?
The average rental price in Washington is $1,949.
What is the most expensive home in Washington?
The most expensive home sold in Washington had a price of $7,475,777.
What is currently the cheapest priced home in Washington, MI?
The cheapest home for sale in Washington is priced at $26,572.
Living in Washington, MI
Washington, MI is a quaint suburb located north of Detroit, known for its family-friendly atmosphere and excellent educational institutions. The area offers a mix of rural charm and suburban amenities, including parks, shopping, and dining options. With easy access to major highways, it's an ideal location for commuters looking to enjoy a peaceful lifestyle close to the city.
Current Market Conditions in Washington, MI
The real estate market in Washington, MI has shown steady growth over the past several months, with a demand for single-family homes continuing to rise. The area attracts buyers looking for spacious properties and strong community ties, which has led to an increase in competitive offers on homes in desirable neighborhoods.
Currently, the market favors sellers, with homes often receiving multiple offers and selling close to the asking price. However, there is still a reasonable inventory available, giving buyers options, particularly for new developments and larger lots.
Home Value Estimator For Washington, MI
There are currently 8,438 real estate properties
in Washington, MI,
with a median automated valuation model (AVM) price
of $479,138.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Washington, 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 Washington, MI,
is $538,557.00, with the most expensive house
in Washington, MI, topping out
at $7,475,777.00 and the cheapest home
in Washington, MI,
clocking in at $26,572.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Washington, MI!
Rent Prices
In Washington, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Washington, MI, is on
a rollercoaster ride. The
average rent price in Washington, MI,
is $1,949.00. Indeed, when looking to rent in
Washington, MI, you can expect to pay as little
as $800.00 or as much
as $3,220.00,
with the average rent median estimated to
be $1,940.00. The good news is that finding
an affordable and desirable property to rent in Washington, 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.