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Preforeclosure Homes in Lexington, IN

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Lexington, IN Foreclosures

How much do homes sell for in Lexington, IN?
The average home price is currently $255,447.
In Lexington, IN, how many homes are available?
There are currently 22 active home listings available in Lexington.
What’s the average rental cost in Lexington, IN?
The average rental price in Lexington is $1,098.
What is the most expensive home in Lexington?
The most expensive home sold in Lexington had a price of $2,030,128.
What is currently the cheapest priced home in Lexington, IN?
The cheapest home for sale in Lexington is priced at $13,235.

Living in Lexington, IN

Lexington, Indiana, is a charming small town located in the heart of Scott County. It offers a close-knit community feel, beautiful landscapes, and a tranquil lifestyle. With easy access to nearby larger cities, residents enjoy the convenience of urban amenities while basking in a peaceful, rural atmosphere.

Current Market Conditions in Lexington, IN

The real estate market in Lexington, IN, has shown resilience amidst fluctuations last year, with a steady increase in property values observed due to the high demand for affordable housing. The town's quaint environment and accessibility to larger cities are attracting new families and professionals looking for a quieter life without sacrificing convenience.

Recent trends indicate that homes in Lexington typically sell within a reasonable timeframe, showing a balanced market that favors neither buyers nor sellers too heavily. The average days on the market have decreased slightly, suggesting a swift buyer absorption in desirable neighborhoods.

Home Value Estimator For Lexington, IN

There are currently 1,472 real estate properties in Lexington, IN, with a median automated valuation model (AVM) price of $228,636.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lexington, 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 Lexington, IN, is $255,447.00, with the most expensive house in Lexington, IN, topping out at $2,030,128.00 and the cheapest home in Lexington, IN, clocking in at $13,235.00. In other words, there’s something for every potential homebuyer or savvy investor in Lexington, IN!

Rent Prices In Lexington, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lexington, IN, is on a rollercoaster ride. The average rent price in Lexington, IN, is $1,098.00. Indeed, when looking to rent in Lexington, IN, you can expect to pay as little as $530.00 or as much as $2,360.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Lexington, 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.

Lexington, IN Preforeclosure Homes


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