Preforeclosure Homes in Twin Lake, MI

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View this home at Holton Duck Lake Rd Twin Lake MI 49457
$241,220 EMV
Holton Duck Lake Rd
Twin Lake, MI 49457
4 |
EST. RENT: $1,820
AUCTION: 05-03-2024
4 |
2 View this home at 4th St Twin Lake MI 49457
$218,572 EMV
4th St
Twin Lake, MI 49457
3 |
EST. RENT: $1,430
AUCTION: 05-24-2024
3 |
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Home Value Estimator For Twin Lake, MI

There are currently 4,408 real estate properties in Twin Lake, MI, with a median automated valuation model (AVM) price of $228,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Twin Lake, 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 Twin Lake, MI, is $258,859.00, with the most expensive house in Twin Lake, MI, topping out at $2,511,830.00 and the cheapest home in Twin Lake, MI, clocking in at $14,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Twin Lake, MI!

Rent Prices In Twin Lake, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Twin Lake, MI, is on a rollercoaster ride. The average rent price in Twin Lake, MI, is $1,417.00. Indeed, when looking to rent in Twin Lake, MI, you can expect to pay as little as $680.00 or as much as $2,600.00, with the average rent median estimated to be $1,390.00. The good news is that finding an affordable and desirable property to rent in Twin Lake, 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 Twin Lake, MI In 2024

Twin Lake is located in Muskegon, Michigan, with an estimated municipal population of 1,513 residents. All of the best foreclosed homes for sale in Twin Lake are located in the following zip code areas on 49457. The estimated population per square kilometer (.62 miles) in Twin Lake is 246.

Cost Of Living In Twin Lake, MI

So, about how much do homes cost in Twin Lake? The most recent median value of resident-owned homes in Twin Lake is 162,595. An estimated 97.3 percent of households in Twin Lake own their homes, with an average family size of 2.61. The median household income in Twin Lake is 90,625, with39.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Twin Lake, the median commute time of resident workers (in minutes) is 25.7.

Diversity And Demographics In Twin Lake, 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 Twin Lake, 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 Twin Lake is 55.5, split between 43.9 percent male versus 56.1 female. The percentage of residents who report being married in Twin Lake is 76.3, with an average family size of 2.61.

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

White 99.2%
Black / African American 0%
Asian 0.8%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 6.4%
Aged 10-19 6.5%
20s 6.5%
30s 7.8%
40s 11.3%
50s 25.5%
60s 17.5%
70s 13.3%
80+ 5.3%

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

Pros And Cons Of Living In Twin Lake, Michigan

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

  • 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 Twin Lake.

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

Twin Lake, MI Preforeclosure Homes


Listing types in Twin Lake, MI

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