Cannelton, IN Foreclosures
How much do homes sell for in Cannelton, IN?
The average home price is currently $152,541.
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 $828,400.
What is currently the cheapest priced home in Cannelton, IN?
The cheapest home for sale in Cannelton is priced at $13,573.
Living in Cannelton, IN
Cannelton, IN, is a quaint riverside city that offers a peaceful community atmosphere, historic charm, and access to outdoor activities along the Ohio River. Known for its tight-knit community and local charm, Cannelton presents an ideal living environment for families and nature lovers alike.
Current Market Conditions in Cannelton, IN
The real estate market in Cannelton, IN is currently characterized by stable home prices and an attractive atmosphere for potential buyers and investors. With a moderate inventory of homes, the market is accessible for first-time buyers, while also providing options for families looking for larger spaces or upgrades. The overall affordability of housing in this region continues to be a major draw for those considering relocation, especially from neighboring urban areas.
Recently, there has been a noticeable uptick in interest in off-the-beaten-path locations like Cannelton, driven by the desire for more space and a slower pace of life, spurred in part by changes in remote work. This trend has resulted in modest price increases and competitive bidding for desirable properties.
Home Value Estimator For Cannelton, IN
There are currently 801 real estate properties
in Cannelton, IN,
with a median automated valuation model (AVM) price
of $113,336.00. 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 $152,541.00, with the most expensive house
in Cannelton, IN, topping out
at $828,400.00 and the cheapest home
in Cannelton, IN,
clocking in at $13,573.00. 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
