There are currently 8 real estate properties in Port Hope, MI, with a median automated valuation model (AVM) price of $105,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Port Hope, 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 Port Hope, MI, is $180,913.00, with the most expensive house in Port Hope, MI, topping out at $450,000.00 and the cheapest home in Port Hope, MI, clocking in at $52,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Port Hope, MI!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Port Hope, MI, is on a rollercoaster ride. The average rent price in Port Hope, MI, is $1,204.00. Indeed, when looking to rent in Port Hope, MI, you can expect to pay as little as $710.00 or as much as $1,570.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Port Hope, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Port Hope, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Port Hope, MI and much more. Save thousands at closing with home foreclosure listings in Port Hope, MI — up to 75% off market value!
Port Hope is located in Huron, Michigan, with an estimated municipal population of 249 residents. All of the best foreclosed homes for sale in Port Hope are located in the following zip code areas on Foreclosure.com: 48468. The estimated population per square kilometer (.62 miles) in Port Hope is 95.
So, about how much do homes cost in Port Hope? The most recent median value of resident-owned homes in Port Hope is 75,661. An estimated 86.7 percent of households in Port Hope own their homes, with an average family size of 2.57. The median household income in Port Hope is 35,000, with12.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Port Hope, the median commute time of resident workers (in minutes) is 25.4. And last, but certainly not least, are you looking for homes to rent in Port Hope? If so, the average rent price paid by renters in Port Hope is 706, according to recent statistics.
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 Port Hope, 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 Port Hope is 60.2, split between 47.8 percent male versus 52.2 female. The percentage of residents who report being married in Port Hope is 54.8, with an average family size of 2.57.
The percentage of residents who report their race in Port Hope is as follows:
| White | 95.7% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 4% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0.4% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Port Hope? Or maybe you are searching for 55+ active adult communities in and/or near Port Hope?
The percentage of residents who report their age in Port Hope is as follows:
| Under 10 | 4% |
| Aged 10-19 | 13.8% |
| 20s | 2.8% |
| 30s | 11% |
| 40s | 6.8% |
| 50s | 11% |
| 60s | 16.6% |
| 70s | 23.3% |
| 80+ | 10.6% |
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 Port Hope with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Port Hope.
How do you know that living in -- or moving to -- Port Hope is right where you need to be? Perhaps you grew up in Port Hope or already live nearby; therefore, the decision to buy a home in Port Hope is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Port Hope 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 Port Hope:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Port Hope.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Port Hope can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Port Hope, meanwhile, can field multiple offers from more qualified buyers.
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