Preforeclosure Homes in Gaylord, MI

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View this home at Coppins Rd Gaylord MI 49735
$161,377 EMV
Coppins Rd
Gaylord, MI 49735
EST. RENT: $1,970
AUCTION: 04-25-2024
1 View this home at Parmater Rd Gaylord MI 49735
$212,472 EMV
Parmater Rd
Gaylord, MI 49735
EST. RENT: $2,710
AUCTION: 04-25-2024
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Home Value Estimator For Gaylord, MI

There are currently 9,735 real estate properties in Gaylord, MI, with a median automated valuation model (AVM) price of $231,597.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gaylord, 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 Gaylord, MI, is $268,223.00, with the most expensive house in Gaylord, MI, topping out at $4,765,927.00 and the cheapest home in Gaylord, MI, clocking in at $14,943.00. In other words, there’s something for every potential homebuyer or savvy investor in Gaylord, MI!

Rent Prices In Gaylord, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gaylord, MI, is on a rollercoaster ride. The average rent price in Gaylord, MI, is $1,531.00. Indeed, when looking to rent in Gaylord, MI, you can expect to pay as little as $680.00 or as much as $2,560.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Gaylord, 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 Gaylord, MI In 2024

Gaylord is located in Otsego, Michigan, with an estimated municipal population of 3,685 residents. All of the best foreclosed homes for sale in Gaylord are located in the following zip code areas on 49735 49734. The estimated population per square kilometer (.62 miles) in Gaylord is 285.

Cost Of Living In Gaylord, MI

So, about how much do homes cost in Gaylord? The most recent median value of resident-owned homes in Gaylord is 95,512. An estimated 42 percent of households in Gaylord own their homes, with an average family size of 2.63. The median household income in Gaylord is 32,295, with6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gaylord, the median commute time of resident workers (in minutes) is 12.1. And last, but certainly not least, are you looking for homes to rent in Gaylord? If so, the average rent price paid by renters in Gaylord is 690, according to recent statistics.

Diversity And Demographics In Gaylord, 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 Gaylord, 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 Gaylord is 38.2, split between 45.2 percent male versus 54.8 female. The percentage of residents who report being married in Gaylord is 37.9, with an average family size of 2.63.

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

White 93.9%
Black / African American 2.8%
Asian 0%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.1%
Other 0%

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

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

Under 10 13.6%
Aged 10-19 9.2%
20s 17.7%
30s 11%
40s 7.6%
50s 13%
60s 11%
70s 9.1%
80+ 7.8%

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

Pros And Cons Of Living In Gaylord, Michigan

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

  • 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 Gaylord.

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

Gaylord, MI Preforeclosure Homes


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