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Rent To Own Homes in Kokomo, IN 46902

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Kokomo, IN Foreclosures

How much do homes sell for in Kokomo, IN?
The average home price is currently $199,830.
In Kokomo, IN, how many homes are available?
There are currently 32 active home listings available in Kokomo.
What’s the average rental cost in Kokomo, IN?
The average rental price in Kokomo is $1,041.
What is the most expensive home in Kokomo?
The most expensive home sold in Kokomo had a price of $4,313,700.
What is currently the cheapest priced home in Kokomo, IN?
The cheapest home for sale in Kokomo is priced at $11,359.

Living in Kokomo, IN

Kokomo, Indiana, is a charming city with a rich industrial history and a strong sense of community. It features inviting neighborhoods, a variety of parks, and amenities that cater to residents of all ages. With a convenient location and affordable living, Kokomo is an ideal place to call home.

Current Market Conditions in Kokomo, IN

The Kokomo real estate market has seen steady growth in recent years, with a good mix of single-family homes, townhouses, and rental properties. Buyers can find both affordable options and mid-range homes suitable for families.

Home values in Kokomo have generally increased, driven by a demand from first-time buyers and those looking for a more suburban lifestyle. The presence of local industries and the resurgence of the automotive sector have also contributed to the stability of the housing market.

Home Value Estimator For Kokomo, IN

There are currently 26,830 real estate properties in Kokomo, IN, with a median automated valuation model (AVM) price of $176,378.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kokomo, 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 Kokomo, IN, is $199,830.00, with the most expensive house in Kokomo, IN, topping out at $4,313,700.00 and the cheapest home in Kokomo, IN, clocking in at $11,359.00. In other words, there’s something for every potential homebuyer or savvy investor in Kokomo, IN!

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.

Kokomo, IN 46902 Rent To Own Homes

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