Bankruptcy Homes in Mount Clemens, MI

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Home Value Estimator For Mount Clemens, MI

There are currently 5,893 real estate properties in Mount Clemens, MI, with a median automated valuation model (AVM) price of $163,602.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mount Clemens, 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 Mount Clemens, MI, is $173,650.00, with the most expensive house in Mount Clemens, MI, topping out at $1,199,000.00 and the cheapest home in Mount Clemens, MI, clocking in at $16,446.00. In other words, there’s something for every potential homebuyer or savvy investor in Mount Clemens, MI!

Rent Prices In Mount Clemens, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mount Clemens, MI, is on a rollercoaster ride. The average rent price in Mount Clemens, MI, is $1,017.00. Indeed, when looking to rent in Mount Clemens, MI, you can expect to pay as little as $530.00 or as much as $2,400.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Mount Clemens, 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 Mount Clemens, MI In 2024

Mount Clemens is located in Macomb, Michigan, with an estimated municipal population of 16,163 residents. All of the best foreclosed homes for sale in Mount Clemens are located in the following zip code areas on 48043 48046. The estimated population per square kilometer (.62 miles) in Mount Clemens is 1,524.

Cost Of Living In Mount Clemens, MI

So, about how much do homes cost in Mount Clemens? The most recent median value of resident-owned homes in Mount Clemens is 103,045. An estimated 55.9 percent of households in Mount Clemens own their homes, with an average family size of 2.97. The median household income in Mount Clemens is 43,018, with14.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mount Clemens, the median commute time of resident workers (in minutes) is 23. And last, but certainly not least, are you looking for homes to rent in Mount Clemens? If so, the average rent price paid by renters in Mount Clemens is 746, according to recent statistics.

Diversity And Demographics In Mount Clemens, 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 Mount Clemens, 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 Mount Clemens is 39.9, split between 51.5 percent male versus 48.5 female. The percentage of residents who report being married in Mount Clemens is 29.3, with an average family size of 2.97.

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

White 70.3%
Black / African American 24.6%
Asian 0.1%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4%
Other 0.6%

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

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

Under 10 10.9%
Aged 10-19 11.7%
20s 13.7%
30s 13.9%
40s 12.8%
50s 14.6%
60s 12.8%
70s 5.2%
80+ 4.3%

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

Pros And Cons Of Living In Mount Clemens, Michigan

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

  • 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 Mount Clemens.

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

Mount Clemens, MI Bankruptcy Homes


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