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Foreclosure Homes in Marengo, IN 47140

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Marengo, IN Foreclosures

Current Market Conditions in Marengo, IN as of June 2026?
Home values: +0.10% MoM; rent: +0.00% MoM.
How much do homes sell for in Marengo, IN?
The average home price is currently $190,924.
In Marengo, IN, how many homes are available?
There are currently 9 active home listings available in Marengo.
What’s the average rental cost in Marengo, IN?
The average rental price in Marengo is $950.
What is the most expensive home in Marengo?
The most expensive home sold in Marengo had a price of $721,657.
What is currently the cheapest priced home in Marengo, IN?
The cheapest home for sale in Marengo is priced at $11,845.

Living in Marengo, IN

Marengo is a rural southern Indiana market with affordable housing, modest home-value growth, flat recent rent movement, and strong access to caves, forests, rivers, and small-town amenities.

Buyer vs Seller Market in Marengo, IN

Median home value: $161,146 as of 2026-06-14.

Median rent: $950 as of 2026-06-14.

Home values: +0.10% MoM, -0.26% YoY.

Rent: +0.00% MoM, -1.04% YoY.

Home Value Estimator For Marengo, IN

There are currently 966 real estate properties in Marengo, IN, with a median automated valuation model (AVM) price of $161,146.00. 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 $190,924.00, with the most expensive house in Marengo, IN, topping out at $721,657.00 and the cheapest home in Marengo, IN, clocking in at $11,845.00. 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 $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.

Marengo, IN 47140 Foreclosures

Market Trend for Marengo, IN

Total Listings Available: 9

Market Values:

Home Prices from $11,845 to $721,657

Average Sales Price: $190,924

Rental Values:

Rental from $470 to $1,850

Average Rent Value: $950 / month

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