Preforeclosure Homes in Fife Lake, MI

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Home Value Estimator For Fife Lake, MI

There are currently 2,521 real estate properties in Fife Lake, MI, with a median automated valuation model (AVM) price of $211,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fife 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 Fife Lake, MI, is $259,811.00, with the most expensive house in Fife Lake, MI, topping out at $2,999,900.00 and the cheapest home in Fife Lake, MI, clocking in at $11,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Fife Lake, MI!

Rent Prices In Fife Lake, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fife Lake, MI, is on a rollercoaster ride. The average rent price in Fife Lake, MI, is $1,141.00. Indeed, when looking to rent in Fife Lake, MI, you can expect to pay as little as $510.00 or as much as $2,160.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Fife 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.

Top Reasons To Live In Fife Lake, MI In 2024

Fife Lake is located in Grand Traverse, Michigan, with an estimated municipal population of 480 residents. All of the best foreclosed homes for sale in Fife Lake are located in the following zip code areas on 49633. The estimated population per square kilometer (.62 miles) in Fife Lake is 255.

Cost Of Living In Fife Lake, MI

So, about how much do homes cost in Fife Lake? The most recent median value of resident-owned homes in Fife Lake is 109,511. An estimated 78.9 percent of households in Fife Lake own their homes, with an average family size of 2.85. The median household income in Fife Lake is 54,659, with27.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fife Lake, the median commute time of resident workers (in minutes) is 32.9. And last, but certainly not least, are you looking for homes to rent in Fife Lake? If so, the average rent price paid by renters in Fife Lake is 788, according to recent statistics.

Diversity And Demographics In Fife 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 Fife 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 Fife Lake is 47.5, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Fife Lake is 51.4, with an average family size of 2.85.

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

White 91.9%
Black / African American 0%
Asian 0.8%
American Indian / Alaskan Native 4.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.1%
Other 0%

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

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

Under 10 10.2%
Aged 10-19 11.5%
20s 11.2%
30s 12.8%
40s 7.1%
50s 22%
60s 14.7%
70s 7.6%
80+ 2.8%

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

Pros And Cons Of Living In Fife Lake, Michigan

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

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

Fife Lake, MI Preforeclosure Homes


Listing types in Fife Lake, MI

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