Economy, IN Foreclosures
How much do homes sell for in Economy, IN?
The average home price is currently $227,603.
In Economy, IN, how many homes are available?
There are currently 2 active home listings available in Economy.
What’s the average rental cost in Economy, IN?
The average rental price in Economy is $996.
What is the most expensive home in Economy?
The most expensive home sold in Economy had a price of $916,300.
What is currently the cheapest priced home in Economy, IN?
The cheapest home for sale in Economy is priced at $21,962.
Living in Economy, IN
Economy, IN, is a quaint and friendly community that combines the charm of small-town living with easy access to nearby urban amenities. Residents can enjoy beautiful parks and various outdoor activities, along with a tight-knit atmosphere that fosters a sense of community. With a variety of local shops and services available, Economy is an ideal place for families and individuals seeking a peaceful lifestyle.
Current Market Conditions in Economy, IN
The real estate market in Economy, IN, is currently experiencing a steady increase in home prices due to rising demand and limited inventory. Buyers are showing interest in the area, and the market is becoming increasingly competitive. Homes are selling quickly, often above asking price, which indicates a strong interest in the community. The market is favorable for sellers, with multiple offer situations becoming common.
There has been a noticeable increase in the number of new constructions and renovations within the area, catering to the influx of families and young professionals looking to settle in Economy. The overall economic outlook for the region remains optimistic, encouraging real estate investment and development.
Home Value Estimator For Economy, IN
There are currently 283 real estate properties
in Economy, IN,
with a median automated valuation model (AVM) price
of $164,037.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Economy, 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 Economy, IN,
is $227,603.00, with the most expensive house
in Economy, IN, topping out
at $916,300.00 and the cheapest home
in Economy, IN,
clocking in at $21,962.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Economy, IN!
Rent Prices
In Economy, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Economy, IN, is on
a rollercoaster ride. The
average rent price in Economy, IN,
is $996.00. Indeed, when looking to rent in
Economy, IN, you can expect to pay as little
as $570.00 or as much
as $1,610.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Economy, 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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