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Rent To Own Homes in Muskegon Heights, MI

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View this home at Lemuel St Muskegon Heights MI 49444
Preforeclosure
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$86,613 EMV
Lemuel St
Muskegon Heights, MI 49444
Single-Family
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2 |
1
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592
EST. RENT: $952
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AUCTION: 04-26-2024
Single-Family
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2 |
1
|
592
Displaying 1 - 2 of 2
 

Home Value Estimator For Muskegon Heights, MI

There are currently 2,725 real estate properties in Muskegon Heights, MI, with a median automated valuation model (AVM) price of $67,074.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Muskegon Heights, 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 Muskegon Heights, MI, is $75,196.00, with the most expensive house in Muskegon Heights, MI, topping out at $630,573.00 and the cheapest home in Muskegon Heights, MI, clocking in at $12,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Muskegon Heights, MI!


Rent Prices In Muskegon Heights, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Muskegon Heights, MI, is on a rollercoaster ride. The average rent price in Muskegon Heights, MI, is $997.00. Indeed, when looking to rent in Muskegon Heights, MI, you can expect to pay as little as $570.00 or as much as $2,150.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Muskegon Heights, 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.


Top Reasons To Live In Muskegon Heights, MI In 2024

Muskegon Heights is located in Muskegon, Michigan, with an estimated municipal population of 10,736 residents. All of the best foreclosed homes for sale in Muskegon Heights are located in the following zip code areas on Foreclosure.com: 49444 49443. The estimated population per square kilometer (.62 miles) in Muskegon Heights is 1,301.


Cost Of Living In Muskegon Heights, MI

So, about how much do homes cost in Muskegon Heights? The most recent median value of resident-owned homes in Muskegon Heights is 42,333. An estimated 48.8 percent of households in Muskegon Heights own their homes, with an average family size of 3.28. The median household income in Muskegon Heights is 30,795, with3.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Muskegon Heights, the median commute time of resident workers (in minutes) is 19. And last, but certainly not least, are you looking for homes to rent in Muskegon Heights? If so, the average rent price paid by renters in Muskegon Heights is 711, according to recent statistics.


Diversity And Demographics In Muskegon Heights, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Muskegon Heights, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Muskegon Heights is 30.6, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Muskegon Heights is 24.7, with an average family size of 3.28.

The percentage of residents who report their race in Muskegon Heights is as follows:

White 18.5%
Black / African American 75.7%
Asian 0.1%
American Indian / Alaskan Native 0.9%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.6%
Other 0.2%

Looking for family-friendly neighborhoods in and/or near Muskegon Heights? Or maybe you are searching for 55+ active adult communities in and/or near Muskegon Heights?

The percentage of residents who report their age in Muskegon Heights is as follows:

Under 10 18.6%
Aged 10-19 13.5%
20s 16.5%
30s 12.8%
40s 11.1%
50s 11.4%
60s 8.2%
70s 5.1%
80+ 2.8%

Best Schools In Muskegon Heights, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Muskegon Heights with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Muskegon Heights.


Pros And Cons Of Living In Muskegon Heights, Michigan

How do you know that living in -- or moving to -- Muskegon Heights is right where you need to be? Perhaps you grew up in Muskegon Heights or already live nearby; therefore, the decision to buy a home in Muskegon Heights is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Muskegon Heights for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Muskegon Heights:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Muskegon Heights.


Reasons To Move To Muskegon Heights, Michigan, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Muskegon Heights can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Muskegon Heights, meanwhile, can field multiple offers from more qualified buyers.

Muskegon Heights, MI Rent To Own Homes


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