Mecca, IN Foreclosures
How much do homes sell for in Mecca, IN?
The average home price is currently $122,551.
What’s the average rental cost in Mecca, IN?
The average rental price in Mecca is $822.
What is the most expensive home in Mecca?
The most expensive home sold in Mecca had a price of $255,910.
What is currently the cheapest priced home in Mecca, IN?
The cheapest home for sale in Mecca is priced at $32,440.
Living in Mecca, IN
Mecca, IN is a charming small town that offers a peaceful lifestyle surrounded by nature. With its close-knit community and access to outdoor activities, it's perfect for those seeking tranquility. The town features essential amenities and is a short drive from larger cities, making it a perfect spot for families and retirees.
Current Market Conditions in Mecca, IN
Currently, Mecca's real estate market shows a stable trend with a slight increase in home prices due to its appealing rural lifestyle. However, prices remain affordable when compared to urban areas in Indiana. The market is characterized by a mix of single-family homes, with an increasing demand for properties that offer larger lots and access to nature. Last year, the market saw a moderate appreciation of property values, primarily fueled by buyers seeking refuge from city life.
Investors are slowly recognizing Mecca as an opportunity for growth in the real estate sector, especially as remote work becomes prevalent. The limited inventory of homes coupled with steady demand positions this small town as an emerging area for potential buyers. Overall, Mecca offers a blend of charm and promising real estate opportunities, quality schools, and a friendly atmosphere.
Home Value Estimator For Mecca, IN
There are currently 90 real estate properties
in Mecca, IN,
with a median automated valuation model (AVM) price
of $114,737.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mecca, 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 Mecca, IN,
is $122,551.00, with the most expensive house
in Mecca, IN, topping out
at $255,910.00 and the cheapest home
in Mecca, IN,
clocking in at $32,440.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mecca, IN!
Rent Prices
In Mecca, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mecca, IN, is on
a rollercoaster ride. The
average rent price in Mecca, IN,
is $822.00. Indeed, when looking to rent in
Mecca, IN, you can expect to pay as little
as $530.00 or as much
as $1,130.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Mecca, 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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