Arcola, IN Foreclosures
How much do homes sell for in Arcola, IN?
The average home price is currently $173,790.
In Arcola, IN, how many homes are available?
There are currently 520 active home listings available in Arcola.
What’s the average rental cost in Arcola, IN?
The average rental price in Arcola is $920.
What is the most expensive home in Arcola?
The most expensive home sold in Arcola had a price of $461,100.
What is currently the cheapest priced home in Arcola, IN?
The cheapest home for sale in Arcola is priced at $80,141.
Living in Arcola, IN
Arcola, IN, is a charming small town with a friendly community atmosphere and access to beautiful farmland. Residents enjoy a peaceful lifestyle complemented by nearby amenities in Fort Wayne. With excellent schools and recreational activities, Arcola is perfect for families and retirees looking for a tranquil environment.
Current Market Conditions in Arcola, IN
The Arcola real estate market has shown stable growth over recent years, driven by a demand for affordable housing and a lovely community atmosphere. With a mix of single-family homes, farmland properties, and modern amenities, buyers have a variety of options to choose from. As more people seek quieter lifestyles away from urban centers, Arcola continues to attract interest from newcomers.
Currently, home prices in Arcola remain competitive, providing a favorable environment for first-time homebuyers. The market shows signs of resilience despite nationwide trends, with a steady influx of buyers interested in affordable living close to larger cities.
Home Value Estimator For Arcola, IN
There are currently 57 real estate properties
in Arcola, IN,
with a median automated valuation model (AVM) price
of $136,557.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Arcola, 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 Arcola, IN,
is $173,790.00, with the most expensive house
in Arcola, IN, topping out
at $461,100.00 and the cheapest home
in Arcola, IN,
clocking in at $80,141.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Arcola, IN!
Rent Prices
In Arcola, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Arcola, IN, is on
a rollercoaster ride. The
average rent price in Arcola, IN,
is $920.00. Indeed, when looking to rent in
Arcola, IN, you can expect to pay as little
as $580.00 or as much
as $1,350.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Arcola, 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
