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Single-family Homes in Cedar, MI

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View this home at S Cedar Rd Cedar MI 49621
Preforeclosure
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$1,080,000 EMV
S Cedar Rd
Cedar, MI 49621
Single-Family
EST. RENT: $1,750
|
AUCTION: 04-24-2024
Single-Family
View this home at S Whitehill Rd Cedar MI 49621
Preforeclosure
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S Whitehill Rd
Cedar, MI 49621
Single-Family
AUCTION: 05-01-2024
Single-Family
View this home at S Skiview Cir Cedar MI 49621
Preforeclosure
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$441,980 EMV
S Skiview Cir
Cedar, MI 49621
Single-Family
EST. RENT: $1,560
|
AUCTION: 05-01-2024
Single-Family
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Cedar, MI Foreclosures

How much do homes sell for in Cedar, MI?
The average home price is currently $565,771.
In Cedar, MI, how many homes are available?
There are currently 1,709 active home listings available in Cedar.
What’s the average rental cost in Cedar, MI?
The average rental price in Cedar is $1,439.
What is the most expensive home in Cedar, Michigan?
The most expensive home sold in Cedar had a price of $3,145,774.
What is currently the cheapest priced home in Cedar, MI?
The cheapest home for sale in Cedar is priced at $22,650.

Home Value Estimator For Cedar, MI

There are currently 1,709 real estate properties in Cedar, MI, with a median automated valuation model (AVM) price of $432,777.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cedar, 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 Cedar, MI, is $565,771.00, with the most expensive house in Cedar, MI, topping out at $3,145,774.00 and the cheapest home in Cedar, MI, clocking in at $22,650.00. In other words, there’s something for every potential homebuyer or savvy investor in Cedar, MI!


Rent Prices In Cedar, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cedar, MI, is on a rollercoaster ride. The average rent price in Cedar, MI, is $1,439.00. Indeed, when looking to rent in Cedar, MI, you can expect to pay as little as $900.00 or as much as $2,540.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Cedar, 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 Cedar, MI In 2024

Cedar is located in Leelanau, Michigan, with an estimated municipal population of 106 residents. All of the best foreclosed homes for sale in Cedar are located in the following zip code areas on Foreclosure.com: 49621. The estimated population per square kilometer (.62 miles) in Cedar is 227.


Cost Of Living In Cedar, MI

So, about how much do homes cost in Cedar? The most recent median value of resident-owned homes in Cedar is 129,654. An estimated 91.7 percent of households in Cedar own their homes, with an average family size of 3.79. For working parents and professionals who are searching for cheap homes in Cedar, the median commute time of resident workers (in minutes) is 28.8.


Diversity And Demographics In Cedar, 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 Cedar, 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 Cedar is 24.9, split between 42.5 percent male versus 57.5 female. The percentage of residents who report being married in Cedar is 44.2, with an average family size of 3.79.

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

White 100%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 10.4%
Aged 10-19 3.8%
20s 42.5%
30s 0%
40s 2.8%
50s 16%
60s 15.1%
70s 9.4%
80+ 0%

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


Pros And Cons Of Living In Cedar, Michigan

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

  • 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 Cedar.


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

Cedar, MI Single-family Homes Foreclosures


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