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Foreclosure Homes in Leo, IN

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Leo, IN Foreclosures

How much do homes sell for in Leo, IN?
The average home price is currently $417,508.
In Leo, IN, how many homes are available?
There are currently 4 active home listings available in Leo.
What’s the average rental cost in Leo, IN?
The average rental price in Leo is $1,512.
What is the most expensive home in Leo?
The most expensive home sold in Leo had a price of $3,762,204.
What is currently the cheapest priced home in Leo, IN?
The cheapest home for sale in Leo is priced at $39,556.

Living in Leo, IN

Leo, Indiana is a charming suburban community located just northeast of Fort Wayne. Known for its friendly atmosphere and family-oriented lifestyle, Leo is attractive for both young families and retirees. The area boasts excellent schools, well-maintained parks, and a variety of local eateries, making it a desirable place to live.

Current Market Conditions in Leo, IN

The real estate market in Leo, IN is showing signs of stability with a consistent demand for single-family homes. Recent developments have attracted buyers looking for more space and a suburban lifestyle, leading to a competitive environment with homes often selling quickly.

Home prices have seen a moderate increase over the past year, influenced by low inventory levels and higher buyer interest, particularly among families and working professionals seeking relocation from urban areas.

Home Value Estimator For Leo, IN

There are currently 1,839 real estate properties in Leo, IN, with a median automated valuation model (AVM) price of $373,079.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Leo, 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 Leo, IN, is $417,508.00, with the most expensive house in Leo, IN, topping out at $3,762,204.00 and the cheapest home in Leo, IN, clocking in at $39,556.00. In other words, there’s something for every potential homebuyer or savvy investor in Leo, IN!

Rent Prices In Leo, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Leo, IN, is on a rollercoaster ride. The average rent price in Leo, IN, is $1,512.00. Indeed, when looking to rent in Leo, IN, you can expect to pay as little as $740.00 or as much as $2,320.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Leo, 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.

Leo, IN Foreclosures

Market Trend for Leo, IN

Total Listings Available: 4

Market Values:

Home Prices from $39,556 to $3,762,204

Average Sales Price: $417,508

Rental Values:

Rental from $740 to $2,320

Average Rent Value: $1,512 / month

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