Bankruptcy Homes in Onaway, MI

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View this home at M 68 Onaway MI 49765
$163,775 EMV
View this home at Brenda Ln Onaway MI 49765
$113,985 EMV
View this home at Mcatee Rd Onaway MI 49765
$144,960 EMV
View this home at Black River Ave Onaway MI 49765
$83,219 EMV
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Home Value Estimator For Onaway, MI

There are currently 83 real estate properties in Onaway, MI, with a median automated valuation model (AVM) price of $161,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Onaway, 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 Onaway, MI, is $204,390.00, with the most expensive house in Onaway, MI, topping out at $1,923,100.00 and the cheapest home in Onaway, MI, clocking in at $33,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Onaway, MI!

Rent Prices In Onaway, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Onaway, MI, is on a rollercoaster ride. The average rent price in Onaway, MI, is $1,369.00. Indeed, when looking to rent in Onaway, MI, you can expect to pay as little as $940.00 or as much as $2,010.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Onaway, 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 Onaway, MI

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

Top Reasons To Live In Onaway, MI In 2023

Onaway is located in Presque Isle, Michigan, with an estimated municipal population of 828 residents. All of the best foreclosed homes for sale in Onaway are located in the following zip code areas on 49765. The estimated population per square kilometer (.62 miles) in Onaway is 196.

Cost Of Living In Onaway, MI

So, about how much do homes cost in Onaway? The most recent median value of resident-owned homes in Onaway is 42,645. An estimated 69.6 percent of households in Onaway own their homes, with an average family size of 2.66. The median household income in Onaway is 28,813, with8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Onaway, the median commute time of resident workers (in minutes) is 22.6. And last, but certainly not least, are you looking for homes to rent in Onaway? If so, the average rent price paid by renters in Onaway is 525, according to recent statistics.

Diversity And Demographics In Onaway, 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 Onaway, 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 Onaway is 41.3, split between 50.3 percent male versus 49.7 female. The percentage of residents who report being married in Onaway is 36.7, with an average family size of 2.66.

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

White 92.2%
Black / African American 1.5%
Asian 0%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.7%
Other 0.5%

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

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

Under 10 8.8%
Aged 10-19 9.1%
20s 19.9%
30s 11.3%
40s 9.7%
50s 19.7%
60s 8.9%
70s 8.9%
80+ 3.9%

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

Pros And Cons Of Living In Onaway, Michigan

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

  • 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 Onaway.

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

Onaway, MI Bankruptcy Homes


Listing types in Onaway, MI

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