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Land Foreclosures 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 $414,657.
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, IN, is a peaceful suburban community known for its affordability, excellent schools, and vibrant local culture. It's an ideal spot for families and individuals seeking a friendly neighborhood with access to recreational activities and convenient transportation. Residents enjoy the balance of tranquility while being close to city amenities.

Current Market Conditions in Leo, IN

Currently, Leo's real estate market is experiencing a balanced trend, with moderate demand and a healthy inventory of homes for sale. The community's appeal, particularly for families, keeps the market stable, although there are fluctuations based on seasonal demand.

Trends indicate that home prices in Leo have gradually risen over the past year, reflecting the area's growing popularity. As more families move to the region seeking quality education and a tight-knit community feel, competition for properties is anticipated to increase.

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 $370,493.00. 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 $414,657.00, 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 Land


Market Trend for Leo, IN

Total Listings Available: 4

Market Values:

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

Average Sales Price: $414,657

Rental Values:

Rental from $740 to $2,320

Average Rent Value: $1,512 / month

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