Indio, CA Foreclosures
How much do homes sell for in Indio, CA?
The average home price is currently $526,846.
In Indio, CA, how many homes are available?
There are currently 29 active home listings available in Indio.
What’s the average rental cost in Indio, CA?
The average rental price in Indio is $1,973.
What is the most expensive home in Indio?
The most expensive home sold in Indio had a price of $42,147,384.
What is currently the cheapest priced home in Indio, CA?
The cheapest home for sale in Indio is priced at $10,006.
Living in Indio, CA
Indio, CA is a vibrant city located in the Coachella Valley, renowned for its warm climate and festive atmosphere. With an array of recreational activities, cultural events, and a friendly community, it offers a diverse range of housing choices. Residents appreciate the easy access to shopping, dining, and outdoor adventures, making Indio an attractive place to live.
Current Market Conditions in Indio, CA
The real estate market in Indio is currently experiencing a transformative phase, showing promising signs of appreciation. Properties that were available for sale have become increasingly competitive, driven by a surge in demand. Investors are particularly interested in the city's potential for growth due to its ongoing development projects and increasing popularity as a tourist destination. The rental market is also thriving, boosted by seasonal visitors and long-term residents seeking affordable housing options.
Recently, there has been an uptick in new construction and renovations, which signifies a revitalization in certain neighborhoods. The average home price has risen, reflecting the city's growing appeal, while interest rates fluctuate, impacting prospective buyers' purchasing power in the area.
Home Value Estimator For Indio, CA
There are currently 30,894 real estate properties
in Indio, CA,
with a median automated valuation model (AVM) price
of $492,183.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Indio, CA, 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 Indio, CA,
is $526,846.00, with the most expensive house
in Indio, CA, topping out
at $42,147,384.00 and the cheapest home
in Indio, CA,
clocking in at $10,006.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Indio, CA!
Rent Prices
In Indio, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Indio, CA, is on
a rollercoaster ride. The
average rent price in Indio, CA,
is $1,973.00. Indeed, when looking to rent in
Indio, CA, you can expect to pay as little
as $620.00 or as much
as $6,400.00,
with the average rent median estimated to
be $1,970.00. The good news is that finding
an affordable and desirable property to rent in Indio, CA
-- 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.
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