Spurgeon, IN Foreclosures
Current Market Conditions in in Spurgeon, IN As of March 2026?
In the past month, Spurgeon's real estate market has shown subtle signs of growth with a slight increase in homes sold. This uptick can be attributed to the seasonal shift as families prepare to relocate before the new school year. Various homes were listed at various price points, demonstrating the demand for both entry-level and mid-range housing. However, average sale prices have remained steady, indicating a balanced market without any drastic increases.
How much do homes sell for in Spurgeon, IN?
The average home price is currently $122,061.
In Spurgeon, IN, how many homes are available?
There are currently 2 active home listings available in Spurgeon.
What’s the average rental cost in Spurgeon, IN?
The average rental price in Spurgeon is $854.
What is the most expensive home in Spurgeon?
The most expensive home sold in Spurgeon had a price of $282,077.
What is currently the cheapest priced home in Spurgeon, IN?
The cheapest home for sale in Spurgeon is priced at $44,680.
Living in Spurgeon, IN
Spurgeon, IN is a tight-knit rural community that offers a peaceful lifestyle in a beautiful natural setting. The town is known for its friendly residents and rich community spirit, making it an attractive place for families and retirees. Access to essential amenities and nearby outdoor activities enhances the appeal of living in this charming Indiana town.
Buyer vs Seller Market in Spurgeon, IN
The real estate market in Spurgeon remains stable, influenced by the overall trends seen in rural Indiana. With an influx of individuals seeking quieter, more affordable living spaces post-pandemic, the demand for homes has steadily increased. Though the market remains competitive, prices have not surged exponentially, making it a reasonable option for families looking to settle down.
There continues to be a steady interest in properties in Spurgeon, driven by its affordability and charm. Buyers are attracted to the peaceful lifestyle and the sense of community that Spurgeon offers. Over the past few months, the number of listings has been consistent, and properties are moving at a moderate pace.
Home Value Estimator For Spurgeon, IN
There are currently 77 real estate properties
in Spurgeon, IN,
with a median automated valuation model (AVM) price
of $113,801.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Spurgeon, 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 Spurgeon, IN,
is $122,061.00, with the most expensive house
in Spurgeon, IN, topping out
at $282,077.00 and the cheapest home
in Spurgeon, IN,
clocking in at $44,680.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Spurgeon, IN!
Rent Prices
In Spurgeon, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Spurgeon, IN, is on
a rollercoaster ride. The
average rent price in Spurgeon, IN,
is $854.00. Indeed, when looking to rent in
Spurgeon, IN, you can expect to pay as little
as $500.00 or as much
as $1,210.00,
with the average rent median estimated to
be $800.00. The good news is that finding
an affordable and desirable property to rent in Spurgeon, 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.