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Short Sale Listings in Flora, IN 46929

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Living in Flora, IN

Flora, Indiana is a quaint small town known for its friendly residents and rural allure. The community enjoys access to various amenities and recreational activities, complemented by excellent local schools. With a pace slower than urban settings, Flora is perfect for families and retirees looking for a peaceful lifestyle.

Current Market Conditions in Flora, IN

The real estate market in Flora, Indiana has been relatively stable, with a noticeable increase in home sales over the past six months. Prices remain affordable compared to nearby urban areas, making it an attractive option for first-time homebuyers and those looking for investment properties.

Currently, the average home price is around $150,000, which is lower than the state average. This price stability indicates a strong community interest in homeownership and suggests a potential for future appreciation as the area continues to develop.

Home Value Estimator For Flora, IN

There are currently 1,106 real estate properties in Flora, IN, with a median automated valuation model (AVM) price of $193,086.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Flora, 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 Flora, IN, is $227,340.00, with the most expensive house in Flora, IN, topping out at $1,561,100.00 and the cheapest home in Flora, IN, clocking in at $22,136.00. In other words, there’s something for every potential homebuyer or savvy investor in Flora, IN!

Rent Prices In Flora, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Flora, IN, is on a rollercoaster ride. The average rent price in Flora, IN, is $1,089.00. Indeed, when looking to rent in Flora, IN, you can expect to pay as little as $560.00 or as much as $2,240.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Flora, 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.

Flora, IN 46929 Short Sale Listings

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