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Rent To Own Homes in Kokomo, IN

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Kokomo, IN Foreclosures

How much do homes sell for in Kokomo, IN?
The average home price is currently $199,319.
In Kokomo, IN, how many homes are available?
There are currently 67 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, IN, is a dynamic city known for its diverse recreational activities and strong community spirit. With access to regional attractions and quality schools, it provides residents with a well-rounded lifestyle. The mix of suburban convenience and cultural opportunities makes it a sought-after location for families and professionals.

Current Market Conditions in Kokomo, IN

The real estate market in Kokomo is showing steady growth, with a healthy increase in property values over recent months. This trend is attracting homebuyers looking for affordable options in a city that has much to offer.

Additionally, Kokomo's market is benefiting from a surge in interest from first-time homebuyers, due to competitive pricing and a variety of home styles available. The city is also seeing an influx of new residents drawn by job opportunities in local industries.

Home Value Estimator For Kokomo, IN

There are currently 26,825 real estate properties in Kokomo, IN, with a median automated valuation model (AVM) price of $175,383.00. 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 $199,319.00, 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 Rent To Own Homes

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