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Single-family Foreclosures in Canaan, IN

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Canaan, IN Foreclosures

How much do homes sell for in Canaan, IN?
The average home price is currently $306,014.
In Canaan, IN, how many homes are available?
There are currently 49 active home listings available in Canaan.
What’s the average rental cost in Canaan, IN?
The average rental price in Canaan is $1,024.
What is the most expensive home in Canaan?
The most expensive home sold in Canaan had a price of $2,040,205.
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 quaint and peaceful rural community surrounded by beautiful landscapes. Known for its close-knit atmosphere, residents can enjoy outdoor activities and a low cost of living. Perfect for families and those seeking a quiet lifestyle, Canaan offers an escape from city life without sacrificing convenience.

Current Market Conditions in Canaan, IN

Canaan's real estate market has seen steady growth over the past year, with property values gradually increasing. The rural setting makes it an attractive option for buyers looking for affordable homes with greater land ownership. As the demand for homes in scenic areas continues to rise, Canaan remains a desirable location due to its charm and community spirit.

The current market offers various options for prospective buyers, starting from modest starter homes to larger properties for families. Sellers are generally receiving offers close to their listing prices, indicating a favorable market condition for homeowners.

Home Value Estimator For Canaan, IN

There are currently 211 real estate properties in Canaan, IN, with a median automated valuation model (AVM) price of $276,278.00. 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 $306,014.00, with the most expensive house in Canaan, IN, topping out at $2,040,205.00 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 $1,024.00. 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 Single-family Homes


Market Trend for Canaan, IN

Total Listings Available: 49

Market Values:

Home Prices from $23,012 to $2,040,205

Average Sales Price: $306,014

Rental Values:

Rental from $590 to $1,840

Average Rent Value: $1,024 / month

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