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Foreclosure Homes in Gwinn, MI

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Gwinn, MI Foreclosures

Current Market Conditions in in Gwinn, MI As of April 2026?
In the past month, the real estate market in Gwinn has remained competitive, with a noticeable uptick in buyer inquiries and showings. The average days on market for listings have decreased slightly, indicating that homebuyers are acting quickly in this favorable market. New listings are coming on the market at a steady pace, but the rate of absorption is high, reflecting a healthy demand.
How much do homes sell for in Gwinn, MI?
The average home price is currently $210,672.
In Gwinn, MI, how many homes are available?
There are currently 1 active home listings available in Gwinn.
What’s the average rental cost in Gwinn, MI?
The average rental price in Gwinn is $1,345.
What is the most expensive home in Gwinn?
The most expensive home sold in Gwinn had a price of $1,807,167.
What is currently the cheapest priced home in Gwinn, MI?
The cheapest home for sale in Gwinn is priced at $10,421.

Living in Gwinn, MI

Gwinn is a charming small town located in the Upper Peninsula of Michigan, known for its friendly community and picturesque surroundings. It offers a mix of rural charm and natural beauty, making it a great place for families and outdoor enthusiasts. With its proximity to Lake Superior, residents can enjoy a variety of recreational activities year-round.

Buyer vs Seller Market in Gwinn, MI

Currently, the real estate market in Gwinn is experiencing a favorable trend with a growing interest from buyers looking for affordable homes in scenic locations. Property values have seen a moderate increase, and new construction has begun to rise as demand grows.

There is a strong presence of second-home buyers who are attracted to the area for vacation properties, especially due to the beautiful outdoor attractions and activities available in the region.

Home Value Estimator For Gwinn, MI

There are currently 3,403 real estate properties in Gwinn, MI, with a median automated valuation model (AVM) price of $175,804.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gwinn, 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 Gwinn, MI, is $210,672.00, with the most expensive house in Gwinn, MI, topping out at $1,807,167.00 and the cheapest home in Gwinn, MI, clocking in at $10,421.00. In other words, there’s something for every potential homebuyer or savvy investor in Gwinn, MI!

Rent Prices In Gwinn, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gwinn, MI, is on a rollercoaster ride. The average rent price in Gwinn, MI, is $1,345.00. Indeed, when looking to rent in Gwinn, MI, you can expect to pay as little as $620.00 or as much as $2,220.00, 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 Gwinn, 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.

Gwinn, MI Foreclosures


Market Trend for Gwinn, MI

Total Listings Available: 1

Market Values:

Home Prices from $10,421 to $1,807,167

Average Sales Price: $210,672

Rental Values:

Rental from $620 to $2,220

Average Rent Value: $1,345 / month

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