Manilla, IN Foreclosures
How much do homes sell for in Manilla, IN?
The average home price is currently $281,406.
What’s the average rental cost in Manilla, IN?
The average rental price in Manilla is $1,291.
What is the most expensive home in Manilla?
The most expensive home sold in Manilla had a price of $1,922,298.
What is currently the cheapest priced home in Manilla, IN?
The cheapest home for sale in Manilla is priced at $16,159.
Living in Manilla, IN
Manilla is a quaint village situated in the heart of Indiana, known for its tight-knit community and peaceful rural living. With a rich agricultural heritage, the town offers a cozy small-town vibe while being close to larger urban centers. Residents enjoy local amenities, community events, and the natural beauty surrounding this charming locale.
Current Market Conditions in Manilla, IN
The real estate market in Manilla has shown steady growth over the past year. The demand for affordable housing options in rural areas has increased, attracting homebuyers looking for peaceful living. Properties in Manilla are often priced lower than in neighboring metropolitan areas, making it an appealing choice for first-time buyers and families. Overall, the market remains stable, with a modest appreciation in home values.
Currently, Manilla's market is experiencing a rise in listings, which is indicative of growing interest from potential buyers. The availability of homes at various price points caters to diverse demographics, contributing to the market's resilience. As more people seek out the tranquility of rural living post-pandemic, the demand for properties in Manilla is expected to remain steady.
Home Value Estimator For Manilla, IN
There are currently 335 real estate properties
in Manilla, IN,
with a median automated valuation model (AVM) price
of $236,423.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Manilla, 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 Manilla, IN,
is $281,406.00, with the most expensive house
in Manilla, IN, topping out
at $1,922,298.00 and the cheapest home
in Manilla, IN,
clocking in at $16,159.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Manilla, IN!
Rent Prices
In Manilla, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Manilla, IN, is on
a rollercoaster ride. The
average rent price in Manilla, IN,
is $1,291.00. Indeed, when looking to rent in
Manilla, IN, you can expect to pay as little
as $700.00 or as much
as $2,180.00,
with the average rent median estimated to
be $1,330.00. The good news is that finding
an affordable and desirable property to rent in Manilla, 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.
Learn more on Foreclosure homes
