Bourbon, IN Foreclosures
Current Market Conditions in in Bourbon, IN As of February 2026?
In the past month, the real estate market in Bourbon has remained stable, with no significant fluctuations in pricing noted. Buyers are still actively searching for homes, but the limited inventory has created competition. Homes are being sold quickly, particularly those priced under the median range. This trend indicates a healthy demand in the local market despite economic uncertainties.
How much do homes sell for in Bourbon, IN?
The average home price is currently $281,913.
In Bourbon, IN, how many homes are available?
There are currently 4 active home listings available in Bourbon.
What’s the average rental cost in Bourbon, IN?
The average rental price in Bourbon is $1,144.
What is the most expensive home in Bourbon?
The most expensive home sold in Bourbon had a price of $1,737,543.
What is currently the cheapest priced home in Bourbon, IN?
The cheapest home for sale in Bourbon is priced at $21,077.
Living in Bourbon, IN
Bourbon, Indiana is a quaint small town that offers a tranquil lifestyle with a welcoming community spirit. Known for its annual events and proximity to nature, it provides residents with a unique blend of rural charm and convenience. Ideal for families, the town is a peaceful place to call home.
Buyer vs Seller Market in Bourbon, IN
The real estate market in Bourbon, IN has shown steady growth over the past few years, with property values increasing moderately across various sectors. The demand for homes in small towns has surged, as more people seek affordable housing options away from larger cities, making Bourbon an attractive choice for buyers.
As of now, the housing inventory remains limited, which contributes to rising prices. However, the market is still favorable for buyers looking to invest in properties, especially as Bourbon's appeal to new residents continues to grow.
Home Value Estimator For Bourbon, IN
There are currently 1,307 real estate properties
in Bourbon, IN,
with a median automated valuation model (AVM) price
of $232,878.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bourbon, 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 Bourbon, IN,
is $281,913.00, with the most expensive house
in Bourbon, IN, topping out
at $1,737,543.00 and the cheapest home
in Bourbon, IN,
clocking in at $21,077.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bourbon, IN!
Rent Prices
In Bourbon, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bourbon, IN, is on
a rollercoaster ride. The
average rent price in Bourbon, IN,
is $1,144.00. Indeed, when looking to rent in
Bourbon, IN, you can expect to pay as little
as $620.00 or as much
as $2,220.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Bourbon, 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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