Living in Fontanet, IN
Fontanet, IN is a charming rural community that offers a peaceful lifestyle surrounded by scenic farmland. With close proximity to Terre Haute, residents enjoy both tranquility and access to urban amenities. The area is family-friendly, featuring reputable schools and a variety of local events that foster a sense of community.
Current Market Conditions in Fontanet, IN
The real estate market in Fontanet remains stable, with a blend of traditional homes and some newer constructions catering to various buyer needs. The demand for properties in rural communities has been on the rise, and Fontanet is witnessing a gradual increase in interest from both local and out-of-state buyers seeking serene living conditions.
As more individuals and families migrate to rural areas post-pandemic, Fontanet's real estate market is benefitting from this trend, with competitive pricing and lower inventory prompting quicker sales. Homes are being sold faster, showcasing the community’s appeal and lifestyle.
Home Value Estimator For Fontanet, IN
There are currently 36 real estate properties
in Fontanet, IN,
with a median automated valuation model (AVM) price
of $162,585.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fontanet, 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 Fontanet, IN,
is $191,808.00, with the most expensive house
in Fontanet, IN, topping out
at $530,013.00 and the cheapest home
in Fontanet, IN,
clocking in at $54,004.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fontanet, IN!
Rent Prices
In Fontanet, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fontanet, IN, is on
a rollercoaster ride. The
average rent price in Fontanet, IN,
is $1,011.00. Indeed, when looking to rent in
Fontanet, IN, you can expect to pay as little
as $650.00 or as much
as $1,920.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Fontanet, 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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