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Foreclosure Homes in Wolverine Lake, MI

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Wolverine Lake, MI Foreclosures

How much do homes sell for in Wolverine Lake, MI?
The average home price is currently $405,242.
In Wolverine Lake, MI, how many homes are available?
There are currently 6 active home listings available in Wolverine Lake.
What’s the average rental cost in Wolverine Lake, MI?
The average rental price in Wolverine Lake is $1,801.
What is the most expensive home in Wolverine Lake?
The most expensive home sold in Wolverine Lake had a price of $2,184,602.
What is currently the cheapest priced home in Wolverine Lake, MI?
The cheapest home for sale in Wolverine Lake is priced at $40,106.

Living in Wolverine Lake, MI

Wolverine Lake, MI, is a serene village known for its beautiful lake and community-oriented lifestyle. With a variety of parks, recreational activities, and local amenities, it offers residents a friendly atmosphere. The village's proximity to larger cities provides additional conveniences while maintaining a peaceful retreat from urban life.

Current Market Conditions in Wolverine Lake, MI

The real estate market in Wolverine Lake is currently experiencing steady demand, driven by the area's appeal for families and outdoor enthusiasts. Home prices have shown a moderate increase over the past year, reflecting the growing interest in this community as more homebuyers seek a tranquil yet accessible environment. The inventory of homes has remained relatively stable, which indicates a healthy market balance.

Recent trends suggest that buyers are particularly interested in properties with lake views and access to recreational facilities. As remote work continues to allow families to seek out more spacious living arrangements, Wolverine Lake has become an attractive option for those looking to escape the hustle and bustle of larger urban environments.

Home Value Estimator For Wolverine Lake, MI

There are currently 1,745 real estate properties in Wolverine Lake, MI, with a median automated valuation model (AVM) price of $313,547.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wolverine 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 Wolverine Lake, MI, is $405,242.00, with the most expensive house in Wolverine Lake, MI, topping out at $2,184,602.00 and the cheapest home in Wolverine Lake, MI, clocking in at $40,106.00. In other words, there’s something for every potential homebuyer or savvy investor in Wolverine Lake, MI!

Rent Prices In Wolverine Lake, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wolverine Lake, MI, is on a rollercoaster ride. The average rent price in Wolverine Lake, MI, is $1,801.00. Indeed, when looking to rent in Wolverine Lake, MI, you can expect to pay as little as $690.00 or as much as $3,460.00, with the average rent median estimated to be $1,660.00. The good news is that finding an affordable and desirable property to rent in Wolverine 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.

Wolverine Lake, MI Foreclosures


Market Trend for Wolverine Lake, MI

Total Listings Available: 6

Market Values:

Home Prices from $40,106 to $2,184,602

Average Sales Price: $405,242

Rental Values:

Rental from $690 to $3,460

Average Rent Value: $1,801 / month

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