Rent To Own Homes in Dowagiac, MI

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View this home at Mckenzie St Dowagiac MI 49047
$90,850 EMV

4 Bed | 1 Bath | 1,016 Sq. Ft.

View this home at Amerihost Dr Dowagiac MI 49047
4 View this home at Keene Ave Dowagiac MI 49047
$69,700 EMV

3 Bed | 1 Bath | 1,380 Sq. Ft.

View this home at M 152 Dowagiac MI 49047
3 View this home at Florence Ave Dowagiac MI 49047
$137,854 EMV

3 Bed | 1 Bath

5 View this home at N Mill St Dowagiac MI 49047
$120,932 EMV

4 Bed | 1 Bath | 1,600 Sq. Ft.

2 View this home at Mckenzie St Dowagiac MI 49047
$384,738 EMV

4 Bed | 2 Bath

15 View this home at Orchard St Dowagiac MI 49047
$79,101 EMV

2 Bed | 1 Bath | 1,516 Sq. Ft.

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Home Value Estimator For Dowagiac, MI

There are currently 5,506 real estate properties in Dowagiac, MI, with a median automated valuation model (AVM) price of $193,249.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dowagiac, 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 Dowagiac, MI, is $275,856.00, with the most expensive house in Dowagiac, MI, topping out at $5,050,089.00 and the cheapest home in Dowagiac, MI, clocking in at $18,644.00. In other words, there’s something for every potential homebuyer or savvy investor in Dowagiac, MI!

Rent Prices In Dowagiac, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dowagiac, MI, is on a rollercoaster ride. The average rent price in Dowagiac, MI, is $1,353.00. Indeed, when looking to rent in Dowagiac, MI, you can expect to pay as little as $470.00 or as much as $2,720.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Dowagiac, 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 Dowagiac, MI In 2024

Dowagiac is located in Cass, Michigan, with an estimated municipal population of 5,669 residents. All of the best foreclosed homes for sale in Dowagiac are located in the following zip code areas on 49047. The estimated population per square kilometer (.62 miles) in Dowagiac is 491.

Cost Of Living In Dowagiac, MI

So, about how much do homes cost in Dowagiac? The most recent median value of resident-owned homes in Dowagiac is 68,128. An estimated 50.7 percent of households in Dowagiac own their homes, with an average family size of 2.98. The median household income in Dowagiac is 33,520, with7.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Dowagiac, 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 Dowagiac? If so, the average rent price paid by renters in Dowagiac is 579, according to recent statistics.

Diversity And Demographics In Dowagiac, 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 Dowagiac, 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 Dowagiac is 34, split between 47.1 percent male versus 52.9 female. The percentage of residents who report being married in Dowagiac is 29.4, with an average family size of 2.98.

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

White 70.7%
Black / African American 13.3%
Asian 0.9%
American Indian / Alaskan Native 3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 6%
Other 6.1%

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

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

Under 10 15.1%
Aged 10-19 13.9%
20s 14.6%
30s 12.3%
40s 11.3%
50s 12%
60s 11.6%
70s 5.1%
80+ 4%

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

Pros And Cons Of Living In Dowagiac, Michigan

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

  • 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 Dowagiac.

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

Dowagiac, MI Rent To Own Homes


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