Single-family Homes Foreclosure in Carp Lake, MI

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Home Value Estimator For Carp Lake, MI

There are currently 154 real estate properties in Carp Lake, MI, with a median automated valuation model (AVM) price of $177,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Carp Lake, 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 Carp Lake, MI, is $238,382.00, with the most expensive house in Carp Lake, MI, topping out at $2,264,700.00 and the cheapest home in Carp Lake, MI, clocking in at $41,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Carp Lake, MI!

Rent Prices In Carp Lake, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Carp Lake, MI, is on a rollercoaster ride. The average rent price in Carp Lake, MI, is $1,387.00. Indeed, when looking to rent in Carp Lake, MI, you can expect to pay as little as $770.00 or as much as $2,560.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Carp Lake, 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.

Foreclosure Homes in Carp Lake, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Carp Lake, MI area at Get information on foreclosure homes for rent, how to buy foreclosures in Carp Lake, MI and much more. Save thousands at closing with home foreclosure listings in Carp Lake, MI — up to 75% off market value!

Top Reasons To Live In Carp Lake, MI In 2023

Carp Lake is located in Emmet, Michigan, with an estimated municipal population of 368 residents. All of the best foreclosed homes for sale in Carp Lake are located in the following zip code areas on 49755 49718. The estimated population per square kilometer (.62 miles) in Carp Lake is 69.

Cost Of Living In Carp Lake, MI

So, about how much do homes cost in Carp Lake? The most recent median value of resident-owned homes in Carp Lake is 118,955. An estimated 91.3 percent of households in Carp Lake own their homes, with an average family size of 2.46. The median household income in Carp Lake is 45,313, with8.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Carp Lake, the median commute time of resident workers (in minutes) is 20.8. And last, but certainly not least, are you looking for homes to rent in Carp Lake? If so, the average rent price paid by renters in Carp Lake is 525, according to recent statistics.

Diversity And Demographics In Carp Lake, 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 Carp Lake, 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 Carp Lake is 60.7, split between 46.5 percent male versus 53.5 female. The percentage of residents who report being married in Carp Lake is 56.6, with an average family size of 2.46.

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

White 98.6%
Black / African American 1.1%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0.3%
Multi-racial 0%
Other 0%

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

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

Under 10 4.4%
Aged 10-19 10.1%
20s 1.6%
30s 5.5%
40s 15.5%
50s 11.2%
60s 23.1%
70s 20.4%
80+ 8.5%

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

Pros And Cons Of Living In Carp Lake, Michigan

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

  • 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 Carp Lake.

Reasons To Move To Carp Lake, Michigan, In 2023

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

Carp Lake, MI Single-family Homes Foreclosures


Listing types in Carp Lake, MI

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