Bankruptcy Homes in Alpha, MI

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5 View this home at Main St Alpha MI 49902
Main St
Alpha, MI 49902
AUCTION: 05-03-2024
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Home Value Estimator For Alpha, MI

There are currently 15 real estate properties in Alpha, MI, with a median automated valuation model (AVM) price of $58,106.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alpha, 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 Alpha, MI, is $98,267.00, with the most expensive house in Alpha, MI, topping out at $286,843.00 and the cheapest home in Alpha, MI, clocking in at $36,909.00. In other words, there’s something for every potential homebuyer or savvy investor in Alpha, MI!

Rent Prices In Alpha, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alpha, MI, is on a rollercoaster ride. The average rent price in Alpha, MI, is $1,327.00. Indeed, when looking to rent in Alpha, MI, you can expect to pay as little as $1,020.00 or as much as $1,570.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Alpha, 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 Alpha, MI In 2024

Alpha is located in Iron, Michigan, with an estimated municipal population of 134 residents. All of the best foreclosed homes for sale in Alpha are located in the following zip code areas on 49920 49902. The estimated population per square kilometer (.62 miles) in Alpha is 54.

Cost Of Living In Alpha, MI

So, about how much do homes cost in Alpha? The most recent median value of resident-owned homes in Alpha is 45,382. An estimated 86.8 percent of households in Alpha own their homes, with an average family size of 3.8. The median household income in Alpha is 30,521, with11 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Alpha, the median commute time of resident workers (in minutes) is 20.3. And last, but certainly not least, are you looking for homes to rent in Alpha? If so, the average rent price paid by renters in Alpha is 517, according to recent statistics.

Diversity And Demographics In Alpha, 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 Alpha, 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 Alpha is 52.8, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in Alpha is 29.1, with an average family size of 3.8.

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

White 98.3%
Black / African American 0%
Asian 0.6%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.1%
Other 0%

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

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

Under 10 9.7%
Aged 10-19 7.4%
20s 9.7%
30s 9.2%
40s 5.2%
50s 30.3%
60s 13.2%
70s 8.6%
80+ 6.9%

Best Schools In Alpha, 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 Alpha with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Alpha.

Pros And Cons Of Living In Alpha, Michigan

How do you know that living in -- or moving to -- Alpha is right where you need to be? Perhaps you grew up in Alpha or already live nearby; therefore, the decision to buy a home in Alpha is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Alpha 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 Alpha:

  • 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 Alpha.

Reasons To Move To Alpha, 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 Alpha can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Alpha, meanwhile, can field multiple offers from more qualified buyers.

Alpha, MI Bankruptcy Homes


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