Cannelton, IN Foreclosures
How much do homes sell for in Cannelton, IN?
The average home price is currently $162,826.
In Cannelton, IN, how many homes are available?
There are currently 5 active home listings available in Cannelton.
What’s the average rental cost in Cannelton, IN?
The average rental price in Cannelton is $906.
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 $15,627.
Living in Cannelton, IN
Cannelton, Indiana is a quaint riverside town with a rich historical background in brick production. Residents enjoy a peaceful lifestyle complemented by beautiful natural surroundings and community events. The area offers essential amenities, recreational activities, and a supportive educational environment.
Current Market Conditions in Cannelton, IN
The current real estate market in Cannelton is showing signs of steady growth, with an increase in interest from homebuyers looking for affordable properties in a serene setting. Overall, properties tend to remain on the market for a shorter duration as demand increases, driven by buyers seeking a mix of community charm and outdoor recreational opportunities.
In recent months, the trend has been toward a slight increase in home prices, fueled by a low inventory of available homes for sale. This is helping to bolster local sellers’ standing, while buyers are encouraged to act quickly for homes that meet their needs.
Home Value Estimator For Cannelton, IN
There are currently 957 real estate properties
in Cannelton, IN,
with a median automated valuation model (AVM) price
of $124,772.00. 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 $162,826.00, with the most expensive house
in Cannelton, IN, topping out
at $828,400.00 and the cheapest home
in Cannelton, IN,
clocking in at $15,627.00. 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 $906.00. 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.