Yale, MI Foreclosures
How much do homes sell for in Yale, MI?
The average home price is currently $196,979.
In Yale, MI, how many homes are available?
There are currently 5 active home listings available in Yale.
What’s the average rental cost in Yale, MI?
The average rental price in Yale is $1,013.
What is the most expensive home in Yale?
The most expensive home sold in Yale had a price of $816,243.
What is currently the cheapest priced home in Yale, MI?
The cheapest home for sale in Yale is priced at $10,997.
Living in Yale, MI
Yale, Michigan is a quaint small town known for its friendly community and peaceful environment. It offers a range of outdoor activities and hosts local events that enrich its cultural fabric. Suitable for families and those seeking a slower pace of life, Yale is surrounded by beautiful farmland and nature.
Current Market Conditions in Yale, MI
Yale's real estate market remains stable, showing consistent interest in both residential and agricultural properties. The modest home prices and serene landscape appeal to those looking for a retreat away from urban life, leading to steady demand for homes in the area.
Over the past year, Yale has seen a slight increase in home sales, with first-time homebuyers attracted to the affordability. The housing market is competitive, but prices remain lower than the state average, which makes it a hidden gem for potential homeowners.
Home Value Estimator For Yale, MI
There are currently 920 real estate properties
in Yale, MI,
with a median automated valuation model (AVM) price
of $176,608.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Yale, 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 Yale, MI,
is $196,979.00, with the most expensive house
in Yale, MI, topping out
at $816,243.00 and the cheapest home
in Yale, MI,
clocking in at $10,997.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Yale, MI!
Rent Prices
In Yale, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Yale, MI, is on
a rollercoaster ride. The
average rent price in Yale, MI,
is $1,013.00. Indeed, when looking to rent in
Yale, MI, you can expect to pay as little
as $520.00 or as much
as $1,910.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Yale, 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.