Boone Grove, IN Foreclosures
How much do homes sell for in Boone Grove, IN?
The average home price is currently $214,033.
In Boone Grove, IN, how many homes are available?
There are currently 779 active home listings available in Boone Grove.
What’s the average rental cost in Boone Grove, IN?
The average rental price in Boone Grove is $1,208.
What is the most expensive home in Boone Grove?
The most expensive home sold in Boone Grove had a price of $738,136.
What is currently the cheapest priced home in Boone Grove, IN?
The cheapest home for sale in Boone Grove is priced at $47,794.
Living in Boone Grove, IN
Boone Grove, IN is a quaint rural town that offers a peaceful lifestyle while being conveniently located near urban amenities. With a strong sense of community, this location is perfect for families and those seeking tranquility. The surrounding natural beauty provides endless outdoor recreational opportunities, creating a perfect blend of country and city living.
Current Market Conditions in Boone Grove, IN
The real estate market in Boone Grove has continued to demonstrate resilience, with an increase in buyer interest over the past year. Many families are drawn to the quieter lifestyle and the community's excellent schools, contributing to a steady demand for homes. Inventory levels remain limited, which has helped maintain home values in the area.
Over the last several months, property values have seen an upward trend, with many homes selling above the listing price, indicative of a competitive market. Local real estate agents report a rise in the number of buyers looking for homes with larger yards or properties with additional outdoor space as families prioritize home environments.
Home Value Estimator For Boone Grove, IN
There are currently 36 real estate properties
in Boone Grove, IN,
with a median automated valuation model (AVM) price
of $185,841.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Boone Grove, 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 Boone Grove, IN,
is $214,033.00, with the most expensive house
in Boone Grove, IN, topping out
at $738,136.00 and the cheapest home
in Boone Grove, IN,
clocking in at $47,794.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Boone Grove, IN!
Rent Prices
In Boone Grove, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Boone Grove, IN, is on
a rollercoaster ride. The
average rent price in Boone Grove, IN,
is $1,208.00. Indeed, when looking to rent in
Boone Grove, IN, you can expect to pay as little
as $760.00 or as much
as $1,950.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Boone Grove, 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
