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Michigan Bank Owned Homes & REO Properties

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Bank Owned Properties in Michigan

Discover bank owned properties and browse opportunities in Michigan, including the transition from a bank owned property to auction.

RealtyTrac can help you find Michigan bank owned opportunities whether this is your first deal or you’re a seasoned investor. The average house price in Michigan is 139,641.73, but bank owned homes often sell for much less. Our vast database of homes for sale from the bank is perfect for helping you find the best properties for you in Michigan. You can use the filters to find bank owned homes that fit your investment criteria - search by neighborhood, price point, or property type. Remember, these properties move fast and may not be listed in other databases.

Michigan Real Estate Facts

Active Residential Inventory
17,933
Total Inventory

Recently Sold Properties

128,695
Sold (Last 6 Months)
Foreclosures ( 4,137 )
23.1%
Bank Owned ( 1,252 )
7.0%
Auctions ( 2,885 )
16.1%
For Sale ( 13,796 )
76.9%