Foreclosure Homes in Eastpointe, MI

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Eastpointe, MI Foreclosures

How much do homes sell for in Eastpointe, MI?
The average home price is currently $144,769.
In Eastpointe, MI, how many homes are available?
There are currently 12,767 active home listings available in Eastpointe.
What’s the average rental cost in Eastpointe, MI?
The average rental price in Eastpointe is $1,251.
What is the most expensive home in Eastpointe, Michigan?
The most expensive home sold in Eastpointe had a price of $1,217,247.
What is currently the cheapest priced home in Eastpointe, MI?
The cheapest home for sale in Eastpointe is priced at $15,000.

Home Value Estimator For Eastpointe, MI

There are currently 12,767 real estate properties in Eastpointe, MI, with a median automated valuation model (AVM) price of $142,291.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Eastpointe, 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 Eastpointe, MI, is $144,769.00, with the most expensive house in Eastpointe, MI, topping out at $1,217,247.00 and the cheapest home in Eastpointe, MI, clocking in at $15,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Eastpointe, MI!

Rent Prices In Eastpointe, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Eastpointe, MI, is on a rollercoaster ride. The average rent price in Eastpointe, MI, is $1,251.00. Indeed, when looking to rent in Eastpointe, MI, you can expect to pay as little as $670.00 or as much as $2,820.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Eastpointe, 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 Eastpointe, MI In 2024

Eastpointe is located in Macomb, Michigan, with an estimated municipal population of 32,081 residents. All of the best foreclosed homes for sale in Eastpointe are located in the following zip code areas on 48021. The estimated population per square kilometer (.62 miles) in Eastpointe is 2,401.

Cost Of Living In Eastpointe, MI

So, about how much do homes cost in Eastpointe? The most recent median value of resident-owned homes in Eastpointe is 76,677. An estimated 64.1 percent of households in Eastpointe own their homes, with an average family size of 3.17. The median household income in Eastpointe is 49,849, with14.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Eastpointe, the median commute time of resident workers (in minutes) is 25.2. And last, but certainly not least, are you looking for homes to rent in Eastpointe? If so, the average rent price paid by renters in Eastpointe is 1,095, according to recent statistics.

Diversity And Demographics In Eastpointe, 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 Eastpointe, 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 Eastpointe is 37.3, split between 46.9 percent male versus 53.1 female. The percentage of residents who report being married in Eastpointe is 35.4, with an average family size of 3.17.

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

White 45.7%
Black / African American 47.7%
Asian 0.8%
American Indian / Alaskan Native 1.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.1%
Other 1.2%

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

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

Under 10 12.2%
Aged 10-19 13.9%
20s 15.1%
30s 13.2%
40s 12.5%
50s 15.3%
60s 10.8%
70s 4.5%
80+ 2.6%

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

Pros And Cons Of Living In Eastpointe, Michigan

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

  • 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 Eastpointe.

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

Eastpointe, MI Foreclosures


Listing types in Eastpointe, MI

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