Foreclosure Homes in Lake Angelus, MI

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Lake Angelus, MI Foreclosures

How much do homes sell for in Lake Angelus, MI?
The average home price is currently $1,590,834.
In Lake Angelus, MI, how many homes are available?
There are currently 157 active home listings available in Lake Angelus.
What’s the average rental cost in Lake Angelus, MI?
The average rental price in Lake Angelus is $2,548.
What is the most expensive home in Lake Angelus, Michigan?
The most expensive home sold in Lake Angelus had a price of $4,681,857.
What is currently the cheapest priced home in Lake Angelus, MI?
The cheapest home for sale in Lake Angelus is priced at $59,003.

Home Value Estimator For Lake Angelus, MI

There are currently 157 real estate properties in Lake Angelus, MI, with a median automated valuation model (AVM) price of $1,469,633.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Angelus, 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 Lake Angelus, MI, is $1,590,834.00, with the most expensive house in Lake Angelus, MI, topping out at $4,681,857.00 and the cheapest home in Lake Angelus, MI, clocking in at $59,003.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Angelus, MI!

Rent Prices In Lake Angelus, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Angelus, MI, is on a rollercoaster ride. The average rent price in Lake Angelus, MI, is $2,548.00. Indeed, when looking to rent in Lake Angelus, MI, you can expect to pay as little as $1,340.00 or as much as $3,060.00, with the average rent median estimated to be $2,760.00. The good news is that finding an affordable and desirable property to rent in Lake Angelus, 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 Lake Angelus, MI In 2024

Lake Angelus is located in Oakland, Michigan, with an estimated municipal population of 307 residents. All of the best foreclosed homes for sale in Lake Angelus are located in the following zip code areas on 48326. The estimated population per square kilometer (.62 miles) in Lake Angelus is 118.

Cost Of Living In Lake Angelus, MI

So, about how much do homes cost in Lake Angelus? The most recent median value of resident-owned homes in Lake Angelus is 1,301,368. An estimated 95 percent of households in Lake Angelus own their homes, with an average family size of 2.52. The median household income in Lake Angelus is 214,375, with74.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lake Angelus, the median commute time of resident workers (in minutes) is 25.6.

Diversity And Demographics In Lake Angelus, 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 Lake Angelus, 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 Lake Angelus is 58.3, split between 49.3 percent male versus 50.7 female. The percentage of residents who report being married in Lake Angelus is 77.5, with an average family size of 2.52.

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

White 96.4%
Black / African American 0%
Asian 2.9%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0.7%

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

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

Under 10 6.2%
Aged 10-19 6.5%
20s 8.4%
30s 5.8%
40s 7.3%
50s 25.2%
60s 21.9%
70s 13.2%
80+ 5.4%

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

Pros And Cons Of Living In Lake Angelus, Michigan

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

  • 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 Lake Angelus.

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

Lake Angelus, MI Foreclosures


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