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Cheap Homes in Griffith, IN 46319

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Griffith, IN Foreclosures

How much do homes sell for in Griffith, IN?
The average home price is currently $258,900.
What’s the average rental cost in Griffith, IN?
The average rental price in Griffith is $1,414.
What is the most expensive home in Griffith?
The most expensive home sold in Griffith had a price of $2,023,729.
What is currently the cheapest priced home in Griffith, IN?
The cheapest home for sale in Griffith is priced at $18,950.

Living in Griffith, IN

Griffith, IN is a welcoming suburban community with a population of approximately 17,000, offering a range of amenities and recreational activities. Residents enjoy the charm of small-town living along with easy access to major metropolitan areas nearby. The town is family-friendly, featuring well-rated schools, parks, and ample shopping and dining choices.

Current Market Conditions in Griffith, IN

The real estate market in Griffith is currently displaying strong demand, driven by the affordability of homes compared to neighboring cities. The median home price in the area has increased in the past year, reflecting a growing interest from buyers seeking a suburban lifestyle near urban centers.

Inventory levels have dipped slightly, resulting in competitive bidding situations for well-maintained homes. Many buyers are attracted to Griffith's school districts and community amenities, which are seen as significant positives in making housing decisions.

Home Value Estimator For Griffith, IN

There are currently 5,678 real estate properties in Griffith, IN, with a median automated valuation model (AVM) price of $251,122.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Griffith, 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 Griffith, IN, is $258,900.00, with the most expensive house in Griffith, IN, topping out at $2,023,729.00 and the cheapest home in Griffith, IN, clocking in at $18,950.00. In other words, there’s something for every potential homebuyer or savvy investor in Griffith, IN!

Rent Prices In Griffith, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Griffith, IN, is on a rollercoaster ride. The average rent price in Griffith, IN, is $1,414.00. Indeed, when looking to rent in Griffith, IN, you can expect to pay as little as $740.00 or as much as $2,100.00, with the average rent median estimated to be $1,410.00. The good news is that finding an affordable and desirable property to rent in Griffith, 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.

Cheap Homes in Griffith, IN 46319

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