Bankruptcy Homes in Mackinaw City, MI

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View this home at Jamet St Mackinaw City MI 49701
$160,127 EMV
View this home at W Central Ave Mackinaw City MI 49701
$77,900 EMV
View this home at Pond St Mackinaw City MI 49701
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Home Value Estimator For Mackinaw City, MI

There are currently 96 real estate properties in Mackinaw City, MI, with a median automated valuation model (AVM) price of $205,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mackinaw City, 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 Mackinaw City, MI, is $250,707.00, with the most expensive house in Mackinaw City, MI, topping out at $913,600.00 and the cheapest home in Mackinaw City, MI, clocking in at $24,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Mackinaw City, MI!

Rent Prices In Mackinaw City, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mackinaw City, MI, is on a rollercoaster ride. The average rent price in Mackinaw City, MI, is $1,409.00. Indeed, when looking to rent in Mackinaw City, MI, you can expect to pay as little as $560.00 or as much as $2,330.00, with the average rent median estimated to be $1,390.00. The good news is that finding an affordable and desirable property to rent in Mackinaw City, 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 Mackinaw City, MI

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

Top Reasons To Live In Mackinaw City, MI In 2023

Mackinaw City is located in Cheboygan, Michigan, with an estimated municipal population of 795 residents. All of the best foreclosed homes for sale in Mackinaw City are located in the following zip code areas on 49701. The estimated population per square kilometer (.62 miles) in Mackinaw City is 89.

Cost Of Living In Mackinaw City, MI

So, about how much do homes cost in Mackinaw City? The most recent median value of resident-owned homes in Mackinaw City is 150,231. An estimated 62.2 percent of households in Mackinaw City own their homes, with an average family size of 2.77. The median household income in Mackinaw City is 36,250, with14.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mackinaw City, the median commute time of resident workers (in minutes) is 14.9. And last, but certainly not least, are you looking for homes to rent in Mackinaw City? If so, the average rent price paid by renters in Mackinaw City is 686, according to recent statistics.

Diversity And Demographics In Mackinaw City, 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 Mackinaw City, 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 Mackinaw City is 52.6, split between 50.8 percent male versus 49.2 female. The percentage of residents who report being married in Mackinaw City is 43.9, with an average family size of 2.77.

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

White 80.7%
Black / African American 9.1%
Asian 0.7%
American Indian / Alaskan Native 4.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.1%
Other 0.1%

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

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

Under 10 5.4%
Aged 10-19 12.9%
20s 9.8%
30s 7.2%
40s 11.7%
50s 15.8%
60s 17%
70s 12.1%
80+ 8%

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

Pros And Cons Of Living In Mackinaw City, Michigan

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

  • 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 Mackinaw City.

Reasons To Move To Mackinaw City, Michigan, In 2023

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

Mackinaw City, MI Bankruptcy Homes


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