Lucerne, IN Foreclosures
How much do homes sell for in Lucerne, IN?
The average home price is currently $229,954.
What’s the average rental cost in Lucerne, IN?
The average rental price in Lucerne is $1,015.
What is the most expensive home in Lucerne?
The most expensive home sold in Lucerne had a price of $900,224.
What is currently the cheapest priced home in Lucerne, IN?
The cheapest home for sale in Lucerne is priced at $17,710.
Living in Lucerne, IN
Lucerne, IN, is a quaint and picturesque town that offers a serene rural lifestyle. With a focus on community and family, it boasts several local amenities and outdoor recreational areas perfect for nature lovers. The town's schools have a strong reputation, making it a great place for families with children.
Current Market Conditions in Lucerne, IN
The real estate market in Lucerne has remained stable over recent months, with a slight increase in home prices attributed to increased demand for rural living. More families are searching for spacious homes with ample outdoor areas, driving the local market's growth.
Overall, Lucerne presents a favorable market condition for buyers looking for affordable homes. The community's friendly atmosphere continues to attract new residents, thus maintaining a steady flow in real estate transactions.
Home Value Estimator For Lucerne, IN
There are currently 225 real estate properties
in Lucerne, IN,
with a median automated valuation model (AVM) price
of $194,371.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lucerne, 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 Lucerne, IN,
is $229,954.00, with the most expensive house
in Lucerne, IN, topping out
at $900,224.00 and the cheapest home
in Lucerne, IN,
clocking in at $17,710.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lucerne, IN!
Rent Prices
In Lucerne, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lucerne, IN, is on
a rollercoaster ride. The
average rent price in Lucerne, IN,
is $1,015.00. Indeed, when looking to rent in
Lucerne, IN, you can expect to pay as little
as $570.00 or as much
as $1,700.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Lucerne, 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.
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