Short Sale Listings in Coldwater, MI

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Home Value Estimator For Coldwater, MI

There are currently 9,478 real estate properties in Coldwater, MI, with a median automated valuation model (AVM) price of $189,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Coldwater, 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 Coldwater, MI, is $268,372.00, with the most expensive house in Coldwater, MI, topping out at $4,108,973.00 and the cheapest home in Coldwater, MI, clocking in at $11,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Coldwater, MI!

Rent Prices In Coldwater, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Coldwater, MI, is on a rollercoaster ride. The average rent price in Coldwater, MI, is $1,306.00. Indeed, when looking to rent in Coldwater, MI, you can expect to pay as little as $680.00 or as much as $2,020.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Coldwater, 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 Coldwater, MI In 2024

Coldwater is located in Branch, Michigan, with an estimated municipal population of 12,215 residents. All of the best foreclosed homes for sale in Coldwater are located in the following zip code areas on 49036. The estimated population per square kilometer (.62 miles) in Coldwater is 488.

Cost Of Living In Coldwater, MI

So, about how much do homes cost in Coldwater? The most recent median value of resident-owned homes in Coldwater is 88,596. An estimated 53.5 percent of households in Coldwater own their homes, with an average family size of 3.08. The median household income in Coldwater is 43,200, with12.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Coldwater, the median commute time of resident workers (in minutes) is 17.2. And last, but certainly not least, are you looking for homes to rent in Coldwater? If so, the average rent price paid by renters in Coldwater is 740, according to recent statistics.

Diversity And Demographics In Coldwater, 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 Coldwater, 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 Coldwater is 38.5, split between 55.3 percent male versus 44.7 female. The percentage of residents who report being married in Coldwater is 38, with an average family size of 3.08.

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

White 86.3%
Black / African American 7.6%
Asian 1.6%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.4%
Other 2.1%

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

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

Under 10 12.4%
Aged 10-19 11.9%
20s 14.3%
30s 13.5%
40s 10.6%
50s 14.4%
60s 12.1%
70s 7%
80+ 4%

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

Pros And Cons Of Living In Coldwater, Michigan

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

  • 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 Coldwater.

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

Coldwater, MI Short Sale Listings


Listing types in Coldwater, MI

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