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Foreclosure Homes in Watersmeet, MI

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Watersmeet, MI Foreclosures

How much do homes sell for in Watersmeet, MI?
The average home price is currently $316,452.
In Watersmeet, MI, how many homes are available?
There are currently 11 active home listings available in Watersmeet.
What’s the average rental cost in Watersmeet, MI?
The average rental price in Watersmeet is $1,383.
What is the most expensive home in Watersmeet?
The most expensive home sold in Watersmeet had a price of $6,632,100.
What is currently the cheapest priced home in Watersmeet, MI?
The cheapest home for sale in Watersmeet is priced at $16,650.

Living in Watersmeet, MI

Watersmeet, MI is a picturesque small town located in the Upper Peninsula known for its stunning natural scenery and outdoor recreational activities. Residents enjoy a tranquil lifestyle with access to lakes, forests, and trails, making it ideal for families and retirees. The community fosters a friendly atmosphere that welcomes new residents with open arms.

Current Market Conditions in Watersmeet, MI

The real estate market in Watersmeet, MI is currently experiencing a steady demand, driven by its appeal as a quiet getaway and outdoor adventure hub. The number of homes listed for sale has seen a slight increase, suggesting a growing interest in the area, particularly among buyers looking for second homes or retirement options.

As of recent trends, home prices have remained relatively stable, with slight upticks in more desirable properties located near the lakes or with larger land parcels. The community's charm continues to attract buyers looking for a peaceful lifestyle in a rural setting.

Home Value Estimator For Watersmeet, MI

There are currently 1,319 real estate properties in Watersmeet, MI, with a median automated valuation model (AVM) price of $229,571.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Watersmeet, 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 Watersmeet, MI, is $316,452.00, with the most expensive house in Watersmeet, MI, topping out at $6,632,100.00 and the cheapest home in Watersmeet, MI, clocking in at $16,650.00. In other words, there’s something for every potential homebuyer or savvy investor in Watersmeet, MI!

Rent Prices In Watersmeet, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Watersmeet, MI, is on a rollercoaster ride. The average rent price in Watersmeet, MI, is $1,383.00. Indeed, when looking to rent in Watersmeet, MI, you can expect to pay as little as $570.00 or as much as $2,060.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Watersmeet, 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.

Watersmeet, MI Foreclosures


Market Trend for Watersmeet, MI

Total Listings Available: 11

Market Values:

Home Prices from $16,650 to $6,632,100

Average Sales Price: $316,452

Rental Values:

Rental from $570 to $2,060

Average Rent Value: $1,383 / month

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