Mexico, IN Foreclosures
How much do homes sell for in Mexico, IN?
The average home price is currently $161,926.
What’s the average rental cost in Mexico, IN?
The average rental price in Mexico is $973.
What is the most expensive home in Mexico?
The most expensive home sold in Mexico had a price of $373,271.
What is currently the cheapest priced home in Mexico, IN?
The cheapest home for sale in Mexico is priced at $39,790.
Living in Mexico, IN
Mexico, Indiana, is a small but vibrant community known for its rich history and friendly atmosphere. It offers a wide range of amenities, from local shops to outdoor activities, perfect for families and individuals alike. Its central location provides easy access to larger cities while maintaining a peaceful, small-town charm.
Current Market Conditions in Mexico, IN
The current real estate market in Mexico, IN, reflects a stable trend with modest interest in single-family homes. The demand for properties has been gradually increasing, making it a favorable market for both buyers and sellers. Homes are selling reasonably well, with a balanced inventory that allows for competitive pricing without significant overbidding.
Recent trends suggest a rise in first-time homebuyers drawn to the area for its affordability and community atmosphere. The low property prices compared to neighboring urban areas attract families looking for a peaceful environment without sacrificing access to amenities.
Home Value Estimator For Mexico, IN
There are currently 182 real estate properties
in Mexico, IN,
with a median automated valuation model (AVM) price
of $158,242.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mexico, 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 Mexico, IN,
is $161,926.00, with the most expensive house
in Mexico, IN, topping out
at $373,271.00 and the cheapest home
in Mexico, IN,
clocking in at $39,790.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mexico, IN!
Rent Prices
In Mexico, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mexico, IN, is on
a rollercoaster ride. The
average rent price in Mexico, IN,
is $973.00. Indeed, when looking to rent in
Mexico, IN, you can expect to pay as little
as $470.00 or as much
as $1,480.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Mexico, 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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