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Foreclosure Homes in Brook, IN 47922

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Brook, IN Foreclosures

How much do homes sell for in Brook, IN?
The average home price is currently $219,298.
In Brook, IN, how many homes are available?
There are currently 3 active home listings available in Brook.
What’s the average rental cost in Brook, IN?
The average rental price in Brook is $1,164.
What is the most expensive home in Brook?
The most expensive home sold in Brook had a price of $3,036,400.
What is currently the cheapest priced home in Brook, IN?
The cheapest home for sale in Brook is priced at $22,616.

Living in Brook, IN

Brook, IN, is a serene small town known for its warm community atmosphere and rural charm. With access to various outdoor activities and a slower pace of life, it's an appealing destination for families and retirees alike. The town's friendly residents and local events contribute to a vibrant community culture.

Current Market Conditions in Brook, IN

The real estate market in Brook is characterized by a stable atmosphere, with moderate demand for single-family homes reflecting the town's appeal for those seeking a quiet lifestyle. Prices in the area are relatively affordable compared to larger urban centers, making it an attractive option for first-time buyers and investors looking for rental properties.

Recent trends indicate a gradual increase in home prices as more people discover the benefits of rural living, leading to a slight uptick in housing inventory.

Home Value Estimator For Brook, IN

There are currently 605 real estate properties in Brook, IN, with a median automated valuation model (AVM) price of $171,195.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Brook, 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 Brook, IN, is $219,298.00, with the most expensive house in Brook, IN, topping out at $3,036,400.00 and the cheapest home in Brook, IN, clocking in at $22,616.00. In other words, there’s something for every potential homebuyer or savvy investor in Brook, IN!

Rent Prices In Brook, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Brook, IN, is on a rollercoaster ride. The average rent price in Brook, IN, is $1,164.00. Indeed, when looking to rent in Brook, IN, you can expect to pay as little as $690.00 or as much as $2,030.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Brook, 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.

Brook, IN 47922 Foreclosures

Market Trend for Brook, IN

Total Listings Available: 3

Market Values:

Home Prices from $22,616 to $3,036,400

Average Sales Price: $219,298

Rental Values:

Rental from $690 to $2,030

Average Rent Value: $1,164 / month

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