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Foreclosure Homes in Gibraltar, MI

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Rose-st-Gibraltar-MI-48173
Foreclosure

| 1.5 Bath | 1,485 Sq. Ft.

Park-st-Gibraltar-MI-48173
Bankruptcy
Young-dr-Gibraltar-MI-48173
Bankruptcy
Place-st-Gibraltar-MI-48173
Bankruptcy
Meadow-ln-Gibraltar-MI-48173
Bankruptcy
Homestead-ln-Gibraltar-MI-48173
Bankruptcy
$142,400 EMV
Middle-gibraltar-rd-apt-4-Gibraltar-MI-48173
Bankruptcy
Middle-gibraltar-rd-apt-4-Gibraltar-MI-48173
Bankruptcy
E-pointe-dr-Gibraltar-MI-48173
Bankruptcy

| 1 Bath | 1,329 Sq. Ft.

Navarre-st-Gibraltar-MI-48173
Bankruptcy

4 Bed | 1.5 Bath | 1,683 Sq. Ft.

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Home Value Estimator For Gibraltar, MI

There are currently 27 real estate properties in Gibraltar, MI, with a median automated valuation model (AVM) price of $197,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gibraltar, 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 Gibraltar, MI, is $193,993.00, with the most expensive house in Gibraltar, MI, topping out at $351,000.00 and the cheapest home in Gibraltar, MI, clocking in at $44,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Gibraltar, MI!


Rent Prices In Gibraltar, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gibraltar, MI, is on a rollercoaster ride. The average rent price in Gibraltar, MI, is $1,320.00. Indeed, when looking to rent in Gibraltar, MI, you can expect to pay as little as $1,020.00 or as much as $1,590.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Gibraltar, 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.


Foreclosure Homes in Gibraltar, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Gibraltar, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Gibraltar, MI and much more. Save thousands at closing with home foreclosure listings in Gibraltar, MI — up to 75% off market value!


Top Reasons To Live In Gibraltar, MI In 2022

Gibraltar is located in Wayne, Michigan, with an estimated municipal population of 4,519 residents. All of the best foreclosed homes for sale in Gibraltar are located in the following zip code areas on Foreclosure.com: 48173 48183. The estimated population per square kilometer (.62 miles) in Gibraltar is 473.


Cost Of Living In Gibraltar, MI

So, about how much do homes cost in Gibraltar? The most recent median value of resident-owned homes in Gibraltar is 159,638. An estimated 78.8 percent of households in Gibraltar own their homes, with an average family size of 3.1. The median household income in Gibraltar is 70,078, with28.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gibraltar, the median commute time of resident workers (in minutes) is 31. And last, but certainly not least, are you looking for homes to rent in Gibraltar? If so, the average rent price paid by renters in Gibraltar is 942, according to recent statistics.


Diversity And Demographics In Gibraltar, 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 Gibraltar, 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 Gibraltar is 42.4, split between 51.3 percent male versus 48.7 female. The percentage of residents who report being married in Gibraltar is 51.5, with an average family size of 3.1.

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

White 94.2%
Black / African American 2.1%
Asian 0.6%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.1%
Other 0%

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

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

Under 10 9.8%
Aged 10-19 14%
20s 8.3%
30s 16.2%
40s 12.7%
50s 14.4%
60s 13.6%
70s 7.5%
80+ 3.6%

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


Pros And Cons Of Living In Gibraltar, Michigan

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

  • 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 Gibraltar.


Reasons To Move To Gibraltar, Michigan, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Gibraltar can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Gibraltar, meanwhile, can field multiple offers from more qualified buyers.

Gibraltar, MI Foreclosures


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