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Foreclosure Homes in Metamora, MI

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View this home at Blood Rd Metamora MI 48455
Preforeclosure
VIEW DETAILS
$200,221 EMV
Blood Rd
Metamora, MI 48455
Single-Family
EST. RENT: $1,311
|
AUCTION: 04-17-2024
Single-Family
5 View this home at Stewart Rd Metamora MI 48455
Preforeclosure
VIEW DETAILS
$199,227 EMV
Stewart Rd
Metamora, MI 48455
Single-Family
|
3 |
2
|
1,730
EST. RENT: $1,211
|
AUCTION: 04-17-2024
Single-Family
|
3 |
2
|
1,730
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Metamora, MI Foreclosures

How much do homes sell for in Metamora, MI?
The average home price is currently $458,690.
In Metamora, MI, how many homes are available?
There are currently 3,308 active home listings available in Metamora.
What’s the average rental cost in Metamora, MI?
The average rental price in Metamora is $1,769.
What is the most expensive home in Metamora, Michigan?
The most expensive home sold in Metamora had a price of $6,403,665.
What is currently the cheapest priced home in Metamora, MI?
The cheapest home for sale in Metamora is priced at $17,801.

Home Value Estimator For Metamora, MI

There are currently 3,308 real estate properties in Metamora, MI, with a median automated valuation model (AVM) price of $384,851.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Metamora, 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 Metamora, MI, is $458,690.00, with the most expensive house in Metamora, MI, topping out at $6,403,665.00 and the cheapest home in Metamora, MI, clocking in at $17,801.00. In other words, there’s something for every potential homebuyer or savvy investor in Metamora, MI!


Rent Prices In Metamora, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Metamora, MI, is on a rollercoaster ride. The average rent price in Metamora, MI, is $1,769.00. Indeed, when looking to rent in Metamora, MI, you can expect to pay as little as $670.00 or as much as $3,360.00, with the average rent median estimated to be $1,620.00. The good news is that finding an affordable and desirable property to rent in Metamora, 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 Metamora, MI In 2024

Metamora is located in Lapeer, Michigan, with an estimated municipal population of 563 residents. All of the best foreclosed homes for sale in Metamora are located in the following zip code areas on Foreclosure.com: 48455. The estimated population per square kilometer (.62 miles) in Metamora is 261.


Cost Of Living In Metamora, MI

So, about how much do homes cost in Metamora? The most recent median value of resident-owned homes in Metamora is 161,826. An estimated 75.7 percent of households in Metamora own their homes, with an average family size of 3.07. The median household income in Metamora is 55,000, with19.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Metamora, 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 Metamora? If so, the average rent price paid by renters in Metamora is 940, according to recent statistics.


Diversity And Demographics In Metamora, 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 Metamora, 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 Metamora is 41.2, split between 47.6 percent male versus 52.4 female. The percentage of residents who report being married in Metamora is 54.5, with an average family size of 3.07.

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

White 98.7%
Black / African American 0%
Asian 1.1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.2%
Other 0%

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

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

Under 10 13.8%
Aged 10-19 11.1%
20s 10.1%
30s 14.2%
40s 18.8%
50s 15%
60s 9.4%
70s 5.6%
80+ 2%

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


Pros And Cons Of Living In Metamora, Michigan

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

  • 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 Metamora.


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

Metamora, MI Foreclosures


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