Manitou Beach, MI Home Values & Market Trends
Real estate market trends reflect that there have been 89 transactions over the past year in Manitou Beach. The median value for residential home transactions that occurred over the previous year is $341,319.51. The number of current listings in Manitou Beach is 12, and the percentage of properties for sale in the city is 12.00%. Manitou Beach, MI currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 12 properties for sale.
Manitou Beach, MI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 49253 | $ 507,390 $ 227/sqft |
Housing Market Summary for Manitou Beach, MI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $349K | $488.5K | 39.98% |
| Median Sold Price | $410K | $488.5K | 19.17% |
| Homes For Sale | 15 | 2 | -86.67% |
| Homes Sold | 39 | 11 | -71.79% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Manitou Beach, MI
Browse Homes in Manitou Beach, MI
Manitou Beach home values range from $23,593 to $5,090,512. The median estimated value of a home in Manitou Beach is $341,319.51. The median list price of a home is 499,000, and the total count of properties in the city is 2,465.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Manitou Beach, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Manitou Beach, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Manitou Beach, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Manitou Beach, MI. There is 1 zips within Manitou Beach, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions49253 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Manitou Beach, MI. Auction homes and other auction properties account for 0.04% of all properties in Manitou Beach, MI. There is 1 zips within Manitou Beach, MI; of that zips, the median estimated home value for homes going to auction ranges from $273,876 in 49253 to the lowest value of $273,876 in 49253.
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More Real Estate Resources for Manitou Beach, MI
Guide for Manitou Beach, MI
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.
Why Buying a Foreclosure is a Smart Move
Information on foreclosure financing, refinancing, and foreclosure mortgages.