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Foreclosures in Monroe City, IN

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Monroe City, IN Foreclosures

How much do homes sell for in Monroe City, IN?
The average home price is currently $254,285.
In Monroe City, IN, how many homes are available?
There are currently 4 active home listings available in Monroe City.
What’s the average rental cost in Monroe City, IN?
The average rental price in Monroe City is $1,053.
What is the most expensive home in Monroe City?
The most expensive home sold in Monroe City had a price of $1,470,600.
What is currently the cheapest priced home in Monroe City, IN?
The cheapest home for sale in Monroe City is priced at $22,943.

Living in Monroe City, IN

Monroe City, IN offers a peaceful small-town atmosphere with a strong sense of community. Residents can enjoy outdoor activities, local amenities, and a low cost of living. It’s a great place for families and those looking to escape urban life.

Current Market Conditions in Monroe City, IN

The real estate market in Monroe City is currently steady, with homes being moderately priced compared to larger cities. There has been a consistent demand for single-family homes, particularly among first-time buyers looking for affordability.

Trends indicate that homes in Monroe City are selling relatively quickly, often within 30 to 45 days of listing, indicating a healthy balance between supply and demand.

Home Value Estimator For Monroe City, IN

There are currently 501 real estate properties in Monroe City, IN, with a median automated valuation model (AVM) price of $217,204.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monroe City, 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 Monroe City, IN, is $254,285.00, with the most expensive house in Monroe City, IN, topping out at $1,470,600.00 and the cheapest home in Monroe City, IN, clocking in at $22,943.00. In other words, there’s something for every potential homebuyer or savvy investor in Monroe City, IN!

Rent Prices In Monroe City, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monroe City, IN, is on a rollercoaster ride. The average rent price in Monroe City, IN, is $1,053.00. Indeed, when looking to rent in Monroe City, IN, you can expect to pay as little as $590.00 or as much as $2,280.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Monroe City, 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.

Monroe City, IN Foreclosures


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