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Foreclosure Homes in Canaan, IN 47224

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Canaan, IN Foreclosures

How much do homes sell for in Canaan, IN?
The average home price is currently $317,215.
In Canaan, IN, how many homes are available?
There are currently 2 active home listings available in Canaan.
What’s the average rental cost in Canaan, IN?
The average rental price in Canaan is $1,027.
What is the most expensive home in Canaan?
The most expensive home sold in Canaan had a price of $2,042,197.
What is currently the cheapest priced home in Canaan, IN?
The cheapest home for sale in Canaan is priced at $23,012.

Living in Canaan, IN

Canaan, IN is a peaceful rural town offering a family-friendly atmosphere and a strong sense of community. Surrounded by beautiful nature, this area promotes outdoor activities like hiking and fishing. Residents benefit from a close-knit environment while being conveniently located near larger towns for additional amenities.

Current Market Conditions in Canaan, IN

The real estate market in Canaan, IN is currently stable, with a mix of affordable homes attracting first-time buyers and investors. Property values have shown steady appreciation over recent years, making it a viable option for investment opportunities in a growing market.

Interest rates are favorable, and the availability of homes in varying price ranges provides an excellent opportunity for buyers looking to enter the real estate market. The demand for rural properties has been on the rise, reflecting a growing trend of individuals seeking spacious homes in tranquil settings.

Home Value Estimator For Canaan, IN

There are currently 200 real estate properties in Canaan, IN, with a median automated valuation model (AVM) price of $286,017.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Canaan, 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 Canaan, IN, is $317,215.00, with the most expensive house in Canaan, IN, topping out at $2,042,197.00 and the cheapest home in Canaan, IN, clocking in at $23,012.00. In other words, there’s something for every potential homebuyer or savvy investor in Canaan, IN!

Rent Prices In Canaan, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Canaan, IN, is on a rollercoaster ride. The average rent price in Canaan, IN, is $1,027.00. Indeed, when looking to rent in Canaan, IN, you can expect to pay as little as $590.00 or as much as $1,840.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Canaan, 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.

Canaan, IN 47224 Foreclosures


Market Trend for Canaan, IN

Total Listings Available: 2

Market Values:

Home Prices from $23,012 to $2,042,197

Average Sales Price: $317,215

Rental Values:

Rental from $590 to $1,840

Average Rent Value: $1,027 / month

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