There are currently 788 real estate properties in Cromwell, IN, with a median automated valuation model (AVM) price of $196,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cromwell, 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 Cromwell, IN, is $243,540.00, with the most expensive house in Cromwell, IN, topping out at $1,979,667.00 and the cheapest home in Cromwell, IN, clocking in at $18,318.00. In other words, there’s something for every potential homebuyer or savvy investor in Cromwell, IN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cromwell, IN, is on a rollercoaster ride. The average rent price in Cromwell, IN, is $1,217.00. Indeed, when looking to rent in Cromwell, IN, you can expect to pay as little as $480.00 or as much as $2,240.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Cromwell, 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.
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