Cannelton, IN Foreclosures
How much do homes sell for in Cannelton, IN?
The average home price is currently $152,360.
In Cannelton, IN, how many homes are available?
There are currently 11 active home listings available in Cannelton.
What’s the average rental cost in Cannelton, IN?
The average rental price in Cannelton is $909.
What is the most expensive home in Cannelton?
The most expensive home sold in Cannelton had a price of $824,500.
What is currently the cheapest priced home in Cannelton, IN?
The cheapest home for sale in Cannelton is priced at $15,843.
Living in Cannelton, IN
Cannelton, IN is a charming riverside city characterized by its historical sites and vibrant community spirit. Nestled along the Ohio River, it offers a blend of outdoor recreation and essential amenities. With its attractive small-town atmosphere, Cannelton is ideal for families seeking a peaceful environment to call home.
Current Market Conditions in Cannelton, IN
The real estate market in Cannelton has remained stable, with a noticeable increase in interest from first-time homebuyers seeking affordable options. As more people look for small-town living that offers a sense of community and connection with nature, Cannelton is seeing a slight uptick in real estate prices. However, compared to larger urban areas, housing remains competitively priced.
With the housing market slowly recovering post-pandemic, Cannelton has attracted potential investors looking at the long-term growth potential due to its favorable location and charming ambiance. Current trends indicate that homes that are well-maintained and reasonably priced are selling quickly, indicating a healthy demand for residential properties.
Home Value Estimator For Cannelton, IN
There are currently 800 real estate properties
in Cannelton, IN,
with a median automated valuation model (AVM) price
of $120,262.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cannelton, 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 Cannelton, IN,
is $152,360.00, with the most expensive house
in Cannelton, IN, topping out
at $824,500.00 and the cheapest home
in Cannelton, IN,
clocking in at $15,843.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cannelton, IN!
Rent Prices
In Cannelton, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cannelton, IN, is on
a rollercoaster ride. The
average rent price in Cannelton, IN,
is $909.00. Indeed, when looking to rent in
Cannelton, IN, you can expect to pay as little
as $490.00 or as much
as $1,980.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Cannelton, 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
