Living in Borden, IN
Borden, Indiana, is a quaint small town known for its rural charm and friendly community atmosphere. Residents enjoy a peaceful lifestyle with access to local schools and parks. The town's proximity to Louisville, KY offers additional urban conveniences, enhancing the overall appeal of this hidden gem.
Current Market Conditions in Borden, IN
The real estate market in Borden, IN, is currently stable, with a modest increase in home prices over the past year. The affordability of homes makes Borden an attractive option for first-time homebuyers and families looking to settle down in a safe, suburban environment. Due to the town's rural charm, buyers are drawn to the tranquility, making Borden a growing choice for those relocating to Indiana.
With its desirable qualities, including a strong sense of community and access to outdoor activities, demand for housing in Borden has steadily risen. As more people seek refuge from urban congestion, Borden’s quiet and serene environment has become increasingly appealing. This trend is reflected in the number of new housing developments popping up, catering to a mix of buyers.
Home Value Estimator For Borden, IN
There are currently 1,834 real estate properties
in Borden, IN,
with a median automated valuation model (AVM) price
of $264,211.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Borden, 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 Borden, IN,
is $303,288.00, with the most expensive house
in Borden, IN, topping out
at $4,633,400.00 and the cheapest home
in Borden, IN,
clocking in at $37,830.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Borden, IN!
Rent Prices
In Borden, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Borden, IN, is on
a rollercoaster ride. The
average rent price in Borden, IN,
is $1,236.00. Indeed, when looking to rent in
Borden, IN, you can expect to pay as little
as $490.00 or as much
as $2,480.00,
with the average rent median estimated to
be $1,200.00. The good news is that finding
an affordable and desirable property to rent in Borden, 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.
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