Foreclosure Homes in Marengo, IN

Current Market Conditions in Marengo, IN

Marengo's real estate market is showing signs of steady growth as more people are looking for affordable housing options in tranquil settings. The area's charm and accessibility to larger cities nearby make it attractive for families and retirees alike.

As of October 2023, the market is experiencing a moderate increase in home prices, with many listings receiving multiple offers. This trend indicates a robust buyer interest as the market continues to stabilize.

Rent Prices In Marengo, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marengo, IN, is on a rollercoaster ride. The average rent price in Marengo, IN, is $950.00. Indeed, when looking to rent in Marengo, IN, you can expect to pay as little as $470.00 or as much as $1,850.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Marengo, 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.