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Cheap Homes in 621 Fort Wayne Ave Indianapolis, IN 46204

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Indianapolis, IN Foreclosures

How much do homes sell for in Indianapolis, IN?
The average home price is currently $277,064.
What’s the average rental cost in Indianapolis, IN?
The average rental price in Indianapolis is $1,226.
What is the most expensive home in Indianapolis?
The most expensive home sold in Indianapolis had a price of $88,345,808.
What is currently the cheapest priced home in Indianapolis, IN?
The cheapest home for sale in Indianapolis is priced at $10,022.

Living in Indianapolis, IN

Indianapolis is a thriving metropolitan city known for its sports, arts, and diverse neighborhoods. It offers a unique blend of historic charm and modern amenities, making it a great place for families, young professionals, and retirees alike. Enjoy easy access to an array of parks, schools, and entertainment options.

Current Market Conditions in Indianapolis, IN

The real estate market in Indianapolis has shown resilience and growth over the past year, with a steady increase in home prices driven by demand for affordable housing and a growing job market. Families and young professionals are particularly drawn to the suburbs, leading to new developments and infrastructure improvements. Investors are finding opportunities in both single-family homes and multi-family units.

Home Value Estimator For Indianapolis, IN

There are currently 271,191 real estate properties in Indianapolis, IN, with a median automated valuation model (AVM) price of $243,258.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Indianapolis, 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 Indianapolis, IN, is $277,064.00, with the most expensive house in Indianapolis, IN, topping out at $88,345,808.00 and the cheapest home in Indianapolis, IN, clocking in at $10,022.00. In other words, there’s something for every potential homebuyer or savvy investor in Indianapolis, IN!

Rent Prices In Indianapolis, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Indianapolis, IN, is on a rollercoaster ride. The average rent price in Indianapolis, IN, is $1,226.00. Indeed, when looking to rent in Indianapolis, IN, you can expect to pay as little as $460.00 or as much as $4,600.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Indianapolis, 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.

Cheap Homes in 621 Fort Wayne Ave Indianapolis, IN 46204

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