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Preforeclosure Homes in Wolverine, MI

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Wolverine, MI Foreclosures

How much do homes sell for in Wolverine, MI?
The average home price is currently $156,827.
In Wolverine, MI, how many homes are available?
There are currently 2 active home listings available in Wolverine.
What’s the average rental cost in Wolverine, MI?
The average rental price in Wolverine is $1,270.
What is the most expensive home in Wolverine?
The most expensive home sold in Wolverine had a price of $2,417,495.
What is currently the cheapest priced home in Wolverine, MI?
The cheapest home for sale in Wolverine is priced at $5,296.

Living in Wolverine, MI

Wolverine, MI is a quaint and picturesque town surrounded by nature, offering a peaceful lifestyle and a close-knit community. Known for its outdoor activities and rustic charm, it is a perfect location for those seeking tranquility while still having access to natural beauty. Residents enjoy the stunning landscapes, local amenities, and friendly atmosphere that make Wolverine a unique place to call home.

Current Market Conditions in Wolverine, MI

Wolverine's real estate market has shown steady growth over the past year, driven largely by an increase in demand for vacation homes and retreats as more buyers seek refuge in peaceful, rural settings. The appeal of northern Michigan's natural beauty has kept property values resilient, even as inflation affects other markets.

The current inventory remains low, resulting in competitive offers on homes, especially those with larger lots or waterfront access. As more buyers are looking for serenity outside urban areas, the trend of remote and flexible working arrangements has also contributed to Wolverine's appealing real estate landscape.

Home Value Estimator For Wolverine, MI

There are currently 2,603 real estate properties in Wolverine, MI, with a median automated valuation model (AVM) price of $115,613.00. 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, 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, MI, is $156,827.00, with the most expensive house in Wolverine, MI, topping out at $2,417,495.00 and the cheapest home in Wolverine, MI, clocking in at $5,296.00. In other words, there’s something for every potential homebuyer or savvy investor in Wolverine, MI!

Rent Prices In Wolverine, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wolverine, MI, is on a rollercoaster ride. The average rent price in Wolverine, MI, is $1,270.00. Indeed, when looking to rent in Wolverine, MI, you can expect to pay as little as $680.00 or as much as $2,270.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Wolverine, 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, MI Preforeclosure Homes


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