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Foreclosures in Bourbon, IN

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Bourbon, IN Foreclosures

How much do homes sell for in Bourbon, IN?
The average home price is currently $275,566.
In Bourbon, IN, how many homes are available?
There are currently 1 active home listings available in Bourbon.
What’s the average rental cost in Bourbon, IN?
The average rental price in Bourbon is $1,160.
What is the most expensive home in Bourbon?
The most expensive home sold in Bourbon had a price of $1,656,686.
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 and friendly town that combines a peaceful rural lifestyle with essential amenities. It is ideal for families and individuals seeking a tight-knit community feel, with excellent local schools and convenient access to larger urban areas.

Current Market Conditions in Bourbon, IN

The real estate market in Bourbon, IN, has shown steady growth over the past few months. The demand for housing is high, primarily driven by new families moving into the area looking for affordable homes. As a result, home prices have started to rise, signaling a competitive market environment.

Bourbon has become increasingly attractive to first-time homebuyers due to its affordable housing options and charming community lifestyle. Investors are also taking note of the potential for rental properties in this growing area.

Home Value Estimator For Bourbon, IN

There are currently 1,132 real estate properties in Bourbon, IN, with a median automated valuation model (AVM) price of $226,160.00. 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 $275,566.00, with the most expensive house in Bourbon, IN, topping out at $1,656,686.00 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 $1,160.00. 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 $1,140.00. 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.

Bourbon, IN Foreclosures


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