Foreclosures in Three Rivers, MI

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Home Value Estimator For Three Rivers, MI

There are currently 7,326 real estate properties in Three Rivers, MI, with a median automated valuation model (AVM) price of $188,232.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Three Rivers, 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 Three Rivers, MI, is $241,748.00, with the most expensive house in Three Rivers, MI, topping out at $3,891,136.00 and the cheapest home in Three Rivers, MI, clocking in at $12,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Three Rivers, MI!

Rent Prices In Three Rivers, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Three Rivers, MI, is on a rollercoaster ride. The average rent price in Three Rivers, MI, is $1,449.00. Indeed, when looking to rent in Three Rivers, MI, you can expect to pay as little as $830.00 or as much as $2,160.00, 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 Three Rivers, 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 Three Rivers, MI In 2024

Three Rivers is located in St. Joseph, Michigan, with an estimated municipal population of 7,623 residents. All of the best foreclosed homes for sale in Three Rivers are located in the following zip code areas on 49093. The estimated population per square kilometer (.62 miles) in Three Rivers is 545.

Cost Of Living In Three Rivers, MI

So, about how much do homes cost in Three Rivers? The most recent median value of resident-owned homes in Three Rivers is 85,495. An estimated 53.1 percent of households in Three Rivers own their homes, with an average family size of 3.21. The median household income in Three Rivers is 43,136, with7.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Three Rivers, the median commute time of resident workers (in minutes) is 17.7. And last, but certainly not least, are you looking for homes to rent in Three Rivers? If so, the average rent price paid by renters in Three Rivers is 691, according to recent statistics.

Diversity And Demographics In Three Rivers, 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 Three Rivers, 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 Three Rivers is 29.8, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Three Rivers is 40.4, with an average family size of 3.21.

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

White 79%
Black / African American 11%
Asian 1.5%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 7.1%
Other 1.3%

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

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

Under 10 18.4%
Aged 10-19 15%
20s 17%
30s 13.2%
40s 9.5%
50s 8.9%
60s 9.5%
70s 5.3%
80+ 3.3%

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

Pros And Cons Of Living In Three Rivers, Michigan

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

  • 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 Three Rivers.

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

Three Rivers, MI Foreclosures


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