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Foreclosure Homes in Monon, IN 47959

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Monon, IN Foreclosures

How much do homes sell for in Monon, IN?
The average home price is currently $238,306.
In Monon, IN, how many homes are available?
There are currently 1 active home listings available in Monon.
What’s the average rental cost in Monon, IN?
The average rental price in Monon is $1,055.
What is the most expensive home in Monon?
The most expensive home sold in Monon had a price of $2,101,898.
What is currently the cheapest priced home in Monon, IN?
The cheapest home for sale in Monon is priced at $22,551.

Living in Monon, IN

Monon, IN is a charming small town known for its friendly community and rich outdoor recreational opportunities. Residents enjoy easy access to local parks, trails, and various essential amenities. Its peaceful atmosphere and close-knit culture make it an ideal location for families and individuals alike.

Current Market Conditions in Monon, IN

Monon has experienced a steady growth in its housing market, with a consistent demand for family homes in recent years. The prices are relatively affordable compared to larger cities, attracting home buyers looking for space and tranquility without breaking the bank.

As the community continues to develop, the demand for housing has increased, leading to moderate appreciation values. New construction and renovations in existing homes are becoming more prevalent as new residents are attracted to the area.

Home Value Estimator For Monon, IN

There are currently 901 real estate properties in Monon, IN, with a median automated valuation model (AVM) price of $198,316.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monon, 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 Monon, IN, is $238,306.00, with the most expensive house in Monon, IN, topping out at $2,101,898.00 and the cheapest home in Monon, IN, clocking in at $22,551.00. In other words, there’s something for every potential homebuyer or savvy investor in Monon, IN!

Rent Prices In Monon, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monon, IN, is on a rollercoaster ride. The average rent price in Monon, IN, is $1,055.00. Indeed, when looking to rent in Monon, IN, you can expect to pay as little as $520.00 or as much as $2,030.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Monon, 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.

Monon, IN 47959 Foreclosures


Market Trend for Monon, IN

Total Listings Available: 1

Market Values:

Home Prices from $22,551 to $2,101,898

Average Sales Price: $238,306

Rental Values:

Rental from $520 to $2,030

Average Rent Value: $1,055 / month

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