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Foreclosure Homes in Elwood, IN

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Elwood, IN Foreclosures

How much do homes sell for in Elwood, IN?
The average home price is currently $172,635.
In Elwood, IN, how many homes are available?
There are currently 48 active home listings available in Elwood.
What’s the average rental cost in Elwood, IN?
The average rental price in Elwood is $1,144.
What is the most expensive home in Elwood?
The most expensive home sold in Elwood had a price of $1,617,600.
What is currently the cheapest priced home in Elwood, IN?
The cheapest home for sale in Elwood is priced at $10,654.

Living in Elwood, IN

Elwood, Indiana, is a quaint small town that combines historical charm with modern amenities. The community is centered around family-friendly activities and excellent schools. Its recreational facilities offer plenty of opportunities for outdoor fun, making it a delightful place to live.

Current Market Conditions in Elwood, IN

The Elwood real estate market is currently stable, with a variety of homes available for both new buyers and investors. The town's affordability compared to nearby urban centers makes it an attractive option for those seeking to invest in real estate.

Recent trends indicate an increase in demand for residential properties in Elwood, reflecting the town's growing reputation as a desirable place to live due to its quality schools, community events, and overall family-friendly atmosphere.

Home Value Estimator For Elwood, IN

There are currently 4,022 real estate properties in Elwood, IN, with a median automated valuation model (AVM) price of $152,302.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elwood, 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 Elwood, IN, is $172,635.00, with the most expensive house in Elwood, IN, topping out at $1,617,600.00 and the cheapest home in Elwood, IN, clocking in at $10,654.00. In other words, there’s something for every potential homebuyer or savvy investor in Elwood, IN!

Rent Prices In Elwood, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elwood, IN, is on a rollercoaster ride. The average rent price in Elwood, IN, is $1,144.00. Indeed, when looking to rent in Elwood, IN, you can expect to pay as little as $670.00 or as much as $2,420.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Elwood, 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.

Elwood, IN Foreclosures


Market Trend for Elwood, IN

Total Listings Available: 48

Market Values:

Home Prices from $10,654 to $1,617,600

Average Sales Price: $172,635

Rental Values:

Rental from $670 to $2,420

Average Rent Value: $1,144 / month

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