There are currently 2,007 real estate properties in Stockbridge, MI, with a median automated valuation model (AVM) price of $243,692.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Stockbridge, 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 Stockbridge, MI, is $263,223.00, with the most expensive house in Stockbridge, MI, topping out at $2,470,028.00 and the cheapest home in Stockbridge, MI, clocking in at $15,147.00. In other words, there’s something for every potential homebuyer or savvy investor in Stockbridge, MI!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Stockbridge, MI, is on a rollercoaster ride. The average rent price in Stockbridge, MI, is $1,477.00. Indeed, when looking to rent in Stockbridge, MI, you can expect to pay as little as $730.00 or as much as $3,500.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Stockbridge, 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.
Stockbridge is located in Ingham, Michigan, with an estimated municipal population of 1,250 residents. All of the best foreclosed homes for sale in Stockbridge are located in the following zip code areas on Foreclosure.com: 49285. The estimated population per square kilometer (.62 miles) in Stockbridge is 321.
So, about how much do homes cost in Stockbridge? The most recent median value of resident-owned homes in Stockbridge is 131,582. An estimated 62.8 percent of households in Stockbridge own their homes, with an average family size of 3.07. The median household income in Stockbridge is 49,286, with13.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Stockbridge, the median commute time of resident workers (in minutes) is 31.5. And last, but certainly not least, are you looking for homes to rent in Stockbridge? If so, the average rent price paid by renters in Stockbridge is 636, 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 Stockbridge, 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 Stockbridge is 39.4, split between 44.3 percent male versus 55.7 female. The percentage of residents who report being married in Stockbridge is 40.6, with an average family size of 3.07.
The percentage of residents who report their race in Stockbridge is as follows:
| White | 97.3% |
| Black / African American | 0.9% |
| Asian | 0% |
| American Indian / Alaskan Native | 0.3% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1.5% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Stockbridge? Or maybe you are searching for 55+ active adult communities in and/or near Stockbridge?
The percentage of residents who report their age in Stockbridge is as follows:
| Under 10 | 9.6% |
| Aged 10-19 | 13.2% |
| 20s | 14.5% |
| 30s | 13.4% |
| 40s | 9.6% |
| 50s | 16.7% |
| 60s | 11% |
| 70s | 8.3% |
| 80+ | 3.6% |
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 Stockbridge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Stockbridge.
How do you know that living in -- or moving to -- Stockbridge is right where you need to be? Perhaps you grew up in Stockbridge or already live nearby; therefore, the decision to buy a home in Stockbridge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Stockbridge 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 Stockbridge:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Stockbridge.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Stockbridge can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Stockbridge, meanwhile, can field multiple offers from more qualified buyers.
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