Preforeclosure Homes in Grass Lake, MI

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5 View this home at Wolf Lake Rd Grass Lake MI 49240

2 Bed | 1 Bath | 1,040 Sq. Ft.

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Home Value Estimator For Grass Lake, MI

There are currently 3,425 real estate properties in Grass Lake, MI, with a median automated valuation model (AVM) price of $303,556.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grass 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 Grass Lake, MI, is $326,401.00, with the most expensive house in Grass Lake, MI, topping out at $4,144,200.00 and the cheapest home in Grass Lake, MI, clocking in at $19,624.00. In other words, there’s something for every potential homebuyer or savvy investor in Grass Lake, MI!

Rent Prices In Grass Lake, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grass Lake, MI, is on a rollercoaster ride. The average rent price in Grass Lake, MI, is $1,382.00. Indeed, when looking to rent in Grass Lake, MI, you can expect to pay as little as $610.00 or as much as $2,160.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Grass 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 Grass Lake, MI In 2024

Grass Lake is located in Jackson, Michigan, with an estimated municipal population of 1,145 residents. All of the best foreclosed homes for sale in Grass Lake are located in the following zip code areas on 49240. The estimated population per square kilometer (.62 miles) in Grass Lake is 470.

Cost Of Living In Grass Lake, MI

So, about how much do homes cost in Grass Lake? The most recent median value of resident-owned homes in Grass Lake is 151,035. An estimated 73.9 percent of households in Grass Lake own their homes, with an average family size of 3.18. The median household income in Grass Lake is 67,619, with23.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Grass Lake, the median commute time of resident workers (in minutes) is 27.8. And last, but certainly not least, are you looking for homes to rent in Grass Lake? If so, the average rent price paid by renters in Grass Lake is 833, according to recent statistics.

Diversity And Demographics In Grass 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 Grass 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 Grass Lake is 37.1, split between 50.2 percent male versus 49.8 female. The percentage of residents who report being married in Grass Lake is 54, with an average family size of 3.18.

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

White 98.3%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.7%
Other 0.8%

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

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

Under 10 12.6%
Aged 10-19 13.1%
20s 16.5%
30s 10.6%
40s 11.3%
50s 13.9%
60s 9.7%
70s 8%
80+ 4.4%

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

Pros And Cons Of Living In Grass Lake, Michigan

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

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

Grass Lake, MI Preforeclosure Homes


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