Foreclosure Homes in Kokomo, IN

Current Market Conditions in Kokomo, IN

The real estate market in Kokomo is currently experiencing growth, with an increase in demand for affordable housing. This trend indicates a promising opportunity for investors looking for properties with good rental potential.

Over the past year, home prices in Kokomo have remained stable, while rental rates have shown a steady upward trend, suggesting a healthy market for investment in both single-family homes and multi-unit properties.

Rent Prices In Kokomo, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kokomo, IN, is on a rollercoaster ride. The average rent price in Kokomo, IN, is $1,041.00. Indeed, when looking to rent in Kokomo, IN, you can expect to pay as little as $420.00 or as much as $2,370.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Kokomo, 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.