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Bankruptcy Homes in Fairmount, IN

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Fairmount, IN Foreclosures

How much do homes sell for in Fairmount, IN?
The average home price is currently $199,437.
In Fairmount, IN, how many homes are available?
There are currently 3 active home listings available in Fairmount.
What’s the average rental cost in Fairmount, IN?
The average rental price in Fairmount is $1,000.
What is the most expensive home in Fairmount?
The most expensive home sold in Fairmount had a price of $1,055,542.
What is currently the cheapest priced home in Fairmount, IN?
The cheapest home for sale in Fairmount is priced at $14,069.

Living in Fairmount, IN

Fairmount, IN is a small, charming town known for its rich history, being the birthplace of James Dean. The community offers a peaceful lifestyle, surrounded by beautiful landscapes, and hosts various local activities and events throughout the year. With friendly neighbors and a quaint atmosphere, Fairmount is an appealing place to live.

Current Market Conditions in Fairmount, IN

The current real estate market in Fairmount is experiencing a slight increase in demand, thanks to its affordability and charming rural lifestyle. Home prices have remained stable over the past few months, attracting buyers looking for budget-friendly options in a serene environment. As the housing market recovers post-pandemic, Fairmount continues to see interest from first-time buyers and families seeking a quieter lifestyle.

Notably, the market has shown signs of growth as more people seek homes in smaller towns, looking for peace and community-oriented living. Real estate developers have also begun to take interest in the area, hinting at future growth and potential new construction in the coming years.

Home Value Estimator For Fairmount, IN

There are currently 1,745 real estate properties in Fairmount, IN, with a median automated valuation model (AVM) price of $168,456.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairmount, 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 Fairmount, IN, is $199,437.00, with the most expensive house in Fairmount, IN, topping out at $1,055,542.00 and the cheapest home in Fairmount, IN, clocking in at $14,069.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairmount, IN!

Rent Prices In Fairmount, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairmount, IN, is on a rollercoaster ride. The average rent price in Fairmount, IN, is $1,000.00. Indeed, when looking to rent in Fairmount, IN, you can expect to pay as little as $590.00 or as much as $2,170.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Fairmount, 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.

Fairmount, IN Bankruptcy Homes

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