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Foreclosure Homes in Marengo, IN

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Marengo, IN Foreclosures

Current Market Conditions in in Marengo, IN As of April 2026?
Over the past month, Marengo's real estate market has shown heightened activity with an influx of new residents seeking housing as remote work becomes more prevalent. Home prices have slightly increased due to a limited supply of properties available for sale and a growing number of buyers interested in making Marengo their home. Consequently, any properties listed have often sold quickly, resulting in bidding wars as buyers aim to secure their ideal homes in this picturesque location.
How much do homes sell for in Marengo, IN?
The average home price is currently $187,162.
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 $722,907.
What is currently the cheapest priced home in Marengo, IN?
The cheapest home for sale in Marengo is priced at $11,649.

Living in Marengo, IN

Marengo, Indiana, is a quaint rural town filled with charm and community spirit. It offers a peaceful lifestyle surrounded by nature, making it ideal for both families and those seeking tranquility. Outdoor enthusiasts will find plenty to enjoy in the nearby landscapes and parks.

Buyer vs Seller Market in Marengo, IN

The real estate market in Marengo is currently witnessing a steady increase in demand, particularly for single-family homes. The affordability of housing in this region attracts first-time buyers and families looking for spacious properties.

In recent months, there has been a noticeable appreciation in property values, with many homes receiving multiple offers shortly after listing. The low inventory of homes is driving competition and indicating a strong seller's market.

Home Value Estimator For Marengo, IN

There are currently 964 real estate properties in Marengo, IN, with a median automated valuation model (AVM) price of $160,901.00. 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 $187,162.00, with the most expensive house in Marengo, IN, topping out at $722,907.00 and the cheapest home in Marengo, IN, clocking in at $11,649.00. 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 Foreclosures

Market Trend for Marengo, IN

Total Listings Available: 9

Market Values:

Home Prices from $11,649 to $722,907

Average Sales Price: $187,162

Rental Values:

Rental from $470 to $1,850

Average Rent Value: $950 / month

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