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Rent To Own Homes in Waterford, MI

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Waterford, MI Foreclosures

How much do homes sell for in Waterford, MI?
The average home price is currently $317,811.
In Waterford, MI, how many homes are available?
There are currently 27 active home listings available in Waterford.
What’s the average rental cost in Waterford, MI?
The average rental price in Waterford is $1,402.
What is the most expensive home in Waterford?
The most expensive home sold in Waterford had a price of $3,064,400.
What is currently the cheapest priced home in Waterford, MI?
The cheapest home for sale in Waterford is priced at $23,919.

Living in Waterford, MI

Waterford, MI, is a beautiful township known for its charming lakes and recreational parks. With a strong community feel and excellent school systems, it is an ideal location for families and outdoor enthusiasts alike. Enjoy easy access to both nature and nearby urban amenities.

Current Market Conditions in Waterford, MI

The current real estate market in Waterford is showing signs of gradual growth, with an increase in housing demand driven by its appealing lifestyle and affordability compared to neighboring cities. Active listings have experienced a reduction in inventory, which is pushing prices upwards as buyers compete for homes.

Investors are noticing the upward trend as many first-time buyers are finding Waterford a desirable entry market. The township's diverse offerings, including its parks and community resources, make it appealing for a broad range of demographics, particularly families and retirees.

Home Value Estimator For Waterford, MI

There are currently 26,465 real estate properties in Waterford, MI, with a median automated valuation model (AVM) price of $274,151.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Waterford, 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 Waterford, MI, is $317,811.00, with the most expensive house in Waterford, MI, topping out at $3,064,400.00 and the cheapest home in Waterford, MI, clocking in at $23,919.00. In other words, there’s something for every potential homebuyer or savvy investor in Waterford, MI!

Rent Prices In Waterford, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waterford, MI, is on a rollercoaster ride. The average rent price in Waterford, MI, is $1,402.00. Indeed, when looking to rent in Waterford, MI, you can expect to pay as little as $520.00 or as much as $3,620.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Waterford, 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.

Waterford, MI Rent To Own Homes

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