Burns Harbor, IN Foreclosures
How much do homes sell for in Burns Harbor, IN?
The average home price is currently $333,024.
In Burns Harbor, IN, how many homes are available?
There are currently 5 active home listings available in Burns Harbor.
What’s the average rental cost in Burns Harbor, IN?
The average rental price in Burns Harbor is $1,481.
What is the most expensive home in Burns Harbor?
The most expensive home sold in Burns Harbor had a price of $1,052,333.
What is currently the cheapest priced home in Burns Harbor, IN?
The cheapest home for sale in Burns Harbor is priced at $24,077.
Living in Burns Harbor, IN
Burns Harbor, Indiana, is a picturesque small town with a strong community spirit and proximity to Lake Michigan, making it a perfect place for those who appreciate nature and a quieter lifestyle. Residents enjoy beautiful parks, local businesses, and a family-friendly atmosphere. Quick access to nearby cities adds to its appeal.
Current Market Conditions in Burns Harbor, IN
The real estate market in Burns Harbor is currently stable, with a variety of homes available for different budgets. Over the past few months, interest rates have seen some fluctuation, but demand remains steady, especially for single-family homes.
With new developments and the continued popularity of the area due to its outdoor offerings and community vibe, the market is expected to grow. Buyers are looking for homes close to amenities and recreational activities, making this an attractive market for both local and out-of-state buyers.
Home Value Estimator For Burns Harbor, IN
There are currently 333 real estate properties
in Burns Harbor, IN,
with a median automated valuation model (AVM) price
of $332,372.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Burns Harbor, 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 Burns Harbor, IN,
is $333,024.00, with the most expensive house
in Burns Harbor, IN, topping out
at $1,052,333.00 and the cheapest home
in Burns Harbor, IN,
clocking in at $24,077.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Burns Harbor, IN!
Rent Prices
In Burns Harbor, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Burns Harbor, IN, is on
a rollercoaster ride. The
average rent price in Burns Harbor, IN,
is $1,481.00. Indeed, when looking to rent in
Burns Harbor, IN, you can expect to pay as little
as $780.00 or as much
as $3,300.00,
with the average rent median estimated to
be $1,520.00. The good news is that finding
an affordable and desirable property to rent in Burns Harbor, 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
