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Foreclosure Homes in Marengo, IN 47140

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Marengo, IN Foreclosures

How much do homes sell for in Marengo, IN?
The average home price is currently $184,026.
In Marengo, IN, how many homes are available?
There are currently 11 active home listings available in Marengo.
What’s the average rental cost in Marengo, IN?
The average rental price in Marengo is $955.
What is the most expensive home in Marengo?
The most expensive home sold in Marengo had a price of $733,949.
What is currently the cheapest priced home in Marengo, IN?
The cheapest home for sale in Marengo is priced at $11,729.

Living in Marengo, IN

Marengo, Indiana offers a serene rural lifestyle with a strong sense of community. Nestled in scenic surroundings, it boasts local amenities and reputable schools that make it an ideal place for families and retirees. The town is known for its low crime rate and friendly residents who foster a welcoming environment.

Current Market Conditions in Marengo, IN

The real estate market in Marengo is currently experiencing a steady demand, with a balanced inventory of homes available at various price points. The area attracts both first-time buyers and investors looking for rental opportunities due to its affordability and quality of life.

Recent trends indicate a growing interest in properties in Marengo, driven by young families and professionals seeking a quieter lifestyle while maintaining accessibility to larger cities. With attractive home prices and a charming environment, investment opportunities are promising in this locality.

Home Value Estimator For Marengo, IN

There are currently 822 real estate properties in Marengo, IN, with a median automated valuation model (AVM) price of $161,563.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Marengo, 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 Marengo, IN, is $184,026.00, with the most expensive house in Marengo, IN, topping out at $733,949.00 and the cheapest home in Marengo, IN, clocking in at $11,729.00. In other words, there’s something for every potential homebuyer or savvy investor in Marengo, IN!

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 $955.00. Indeed, when looking to rent in Marengo, IN, you can expect to pay as little as $470.00 or as much as $1,700.00, with the average rent median estimated to be $960.00. 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.

Marengo, IN 47140 Foreclosures

Market Trend for Marengo, IN

Total Listings Available: 11

Market Values:

Home Prices from $11,729 to $733,949

Average Sales Price: $184,026

Rental Values:

Rental from $470 to $1,700

Average Rent Value: $955 / month

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