Foreclosures in Modoc, IN 47358

Current Market Conditions in Modoc, IN

The Modoc real estate market is characterized by its affordability compared to larger urban centers. Recently, there's been a slight increase in buyer interest as remote work becomes more prevalent, leading many to seek homes in quieter settings.

Housing prices remain stable with an average appreciation of 2% over the last year, indicating a solid investment opportunity for potential buyers. The market currently favors modestly priced homes, making it appealing for first-time homebuyers.

Rent Prices In Modoc, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Modoc, IN, is on a rollercoaster ride. The average rent price in Modoc, IN, is $1,070.00. Indeed, when looking to rent in Modoc, IN, you can expect to pay as little as $540.00 or as much as $1,840.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Modoc, 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.