Garrett, IN Foreclosures
How much do homes sell for in Garrett, IN?
The average home price is currently $235,899.
What’s the average rental cost in Garrett, IN?
The average rental price in Garrett is $1,141.
What is the most expensive home in Garrett?
The most expensive home sold in Garrett had a price of $1,930,501.
What is currently the cheapest priced home in Garrett, IN?
The cheapest home for sale in Garrett is priced at $22,023.
Living in Garrett, IN
Garrett, Indiana, is a quaint and welcoming community ideal for families and individuals looking for a peaceful environment. The town offers a balance of local shops and amenities with easy access to nature and recreational activities. Its friendly atmosphere and well-rated schools make it a great place to call home.
Current Market Conditions in Garrett, IN
The real estate market in Garrett, IN, is currently experiencing a steady increase in home values driven by a combination of low inventory and high demand from buyers. Families are drawn to the community for its affordable housing and quality of life, contributing to the competitive market atmosphere.
As of recent trends, there has been a significant rise in the construction of new homes, indicating a growing interest in the area. Homes are selling slightly faster than previous years, with many listings receiving multiple offers.
Investors are beginning to take notice of Garrett's potential, particularly in rental properties, as the demand for affordable housing options continues to rise. Real estate prices are expected to gradually increase as the town grows.
Home Value Estimator For Garrett, IN
There are currently 2,051 real estate properties
in Garrett, IN,
with a median automated valuation model (AVM) price
of $197,876.00. 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 $235,899.00, with the most expensive house
in Garrett, IN, topping out
at $1,930,501.00 and the cheapest home
in Garrett, IN,
clocking in at $22,023.00. 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 $1,141.00. 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 $1,110.00. 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.
Learn more on Foreclosure homes
