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Cheap Homes in Modoc, IN

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Living in Modoc, IN

Modoc, Indiana is a quaint, peaceful town that offers a small-town atmosphere with a focus on community and nature. Surrounded by beautiful landscapes, it provides residents with a place to enjoy outdoor activities while being part of a close-knit community. With its local schools and family-owned businesses, Modoc embodies a rich sense of belonging.

Current Market Conditions in Modoc, IN

The Modoc real estate market has seen modest activity recently as a result of its tranquil environment and affordable housing options. With fewer listings on the market, homes tend to stay on the market for several weeks as buyers appreciate the slow-paced lifestyle and solid community atmosphere.

Competition has slightly increased in the past year as more individuals look for affordable housing outside urban centers. The demand for homes showing room for growth or renovations is on the rise. Prices, while still low in comparison to urban counterparts, may see a slight increase as more buyers consider Modoc for their residency.

Home Value Estimator For Modoc, IN

There are currently 349 real estate properties in Modoc, IN, with a median automated valuation model (AVM) price of $221,878.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Modoc, 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 Modoc, IN, is $287,975.00, with the most expensive house in Modoc, IN, topping out at $6,799,826.00 and the cheapest home in Modoc, IN, clocking in at $19,356.00. In other words, there’s something for every potential homebuyer or savvy investor in Modoc, IN!

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.

Cheap Homes in Modoc, IN


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