Laketon, IN Foreclosures
How much do homes sell for in Laketon, IN?
The average home price is currently $135,917.
What’s the average rental cost in Laketon, IN?
The average rental price in Laketon is $924.
What is the most expensive home in Laketon?
The most expensive home sold in Laketon had a price of $350,553.
What is currently the cheapest priced home in Laketon, IN?
The cheapest home for sale in Laketon is priced at $40,665.
Living in Laketon, IN
Laketon, IN is a serene small town known for its tight-knit community and beautiful rural setting. It's an ideal location for those seeking tranquility away from the bustle of city life. Residents enjoy various outdoor activities, cultural events, and local dining, all while having easy access to nearby urban amenities.
Current Market Conditions in Laketon, IN
Laketon has seen a steady increase in home prices over the past year, reflecting a growing interest in the area as more people search for homes outside of larger cities. The demand for housing is driven by the affordability of properties compared to urban areas, making it an appealing option for first-time buyers and investors alike.
Currently, homes in Laketon are selling faster than in previous years, with several properties receiving multiple offers as buyers recognize the value of living in this serene environment. This trend indicates a healthy and competitive real estate market.
Home Value Estimator For Laketon, IN
There are currently 101 real estate properties
in Laketon, IN,
with a median automated valuation model (AVM) price
of $127,893.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Laketon, IN, 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 Laketon, IN,
is $135,917.00, with the most expensive house
in Laketon, IN, topping out
at $350,553.00 and the cheapest home
in Laketon, IN,
clocking in at $40,665.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Laketon, IN!
Rent Prices
In Laketon, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Laketon, IN, is on
a rollercoaster ride. The
average rent price in Laketon, IN,
is $924.00. Indeed, when looking to rent in
Laketon, IN, you can expect to pay as little
as $580.00 or as much
as $1,390.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Laketon, IN
-- 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.