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Foreclosure Homes in Garrett, IN

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Garrett, IN Foreclosures

Current Market Conditions in in Garrett, IN As of March 2026?
Over the past month, the real estate market in Garrett has remained stable, showing a slight increase in the number of homes available for sale. The pricing trends have also remained steady, with average home prices reflecting consistent demand yet affordable for new buyers. Interest rates have slightly dipped, incentivizing prospective homeowners.
How much do homes sell for in Garrett, IN?
The average home price is currently $234,429.
In Garrett, IN, how many homes are available?
There are currently 14 active home listings available in Garrett.
What’s the average rental cost in Garrett, IN?
The average rental price in Garrett is $1,089.
What is the most expensive home in Garrett?
The most expensive home sold in Garrett had a price of $1,835,241.
What is currently the cheapest priced home in Garrett, IN?
The cheapest home for sale in Garrett is priced at $13,524.

Living in Garrett, IN

Garrett, IN, is a small, friendly town with a close-knit community atmosphere. It offers affordable housing and a range of amenities, making it suitable for families and retirees. The town is close to outdoor parks and has convenient access to larger cities like Fort Wayne.

Buyer vs Seller Market in Garrett, IN

The real estate market in Garrett is currently favorable for buyers, with a steady increase in housing supply and moderately priced homes. This calibrates well for first-time homebuyers looking to find comfortable homes without overspending.

Despite its small-town charm, Garrett has seen a gradual rise in property values due to its affordability and quality of life. This encapsulates the interest from families and retirees, thus leading to a healthy demand in the housing market.

Home Value Estimator For Garrett, IN

There are currently 3,001 real estate properties in Garrett, IN, with a median automated valuation model (AVM) price of $194,857.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Garrett, 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 Garrett, IN, is $234,429.00, with the most expensive house in Garrett, IN, topping out at $1,835,241.00 and the cheapest home in Garrett, IN, clocking in at $13,524.00. In other words, there’s something for every potential homebuyer or savvy investor in Garrett, IN!

Rent Prices In Garrett, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Garrett, IN, is on a rollercoaster ride. The average rent price in Garrett, IN, is $1,089.00. Indeed, when looking to rent in Garrett, IN, you can expect to pay as little as $610.00 or as much as $2,060.00, 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 Garrett, 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.

Garrett, IN Foreclosures

Market Trend for Garrett, IN

Total Listings Available: 14

Market Values:

Home Prices from $13,524 to $1,835,241

Average Sales Price: $234,429

Rental Values:

Rental from $610 to $2,060

Average Rent Value: $1,089 / month

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