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Preforeclosure Homes in Monroe, IN 46772

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Monroe, IN Foreclosures

How much do homes sell for in Monroe, IN?
The average home price is currently $330,977.
What’s the average rental cost in Monroe, IN?
The average rental price in Monroe is $1,263.
What is the most expensive home in Monroe?
The most expensive home sold in Monroe had a price of $1,723,439.
What is currently the cheapest priced home in Monroe, IN?
The cheapest home for sale in Monroe is priced at $20,544.

Living in Monroe, IN

Monroe, IN, is a quaint and quiet town that offers a close-knit community and an abundance of natural beauty. Residents enjoy access to parks and local events that bring everyone together. It is a perfect place for families and anyone looking for a serene lifestyle.

Current Market Conditions in Monroe, IN

Monroe's real estate market has seen a steady increase in interest from buyers due to its affordable living and family-friendly environment. Homes in this area are typically priced lower than the state average, making it an attractive option for first-time homebuyers.

The rental market has also been growing, with many new families moving to the area. The demand for rental properties is on the rise, indicating a robust rental market that can be beneficial for investors.

Home Value Estimator For Monroe, IN

There are currently 827 real estate properties in Monroe, IN, with a median automated valuation model (AVM) price of $288,990.00. 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, 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, IN, is $330,977.00, with the most expensive house in Monroe, IN, topping out at $1,723,439.00 and the cheapest home in Monroe, IN, clocking in at $20,544.00. In other words, there’s something for every potential homebuyer or savvy investor in Monroe, IN!

Rent Prices In Monroe, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monroe, IN, is on a rollercoaster ride. The average rent price in Monroe, IN, is $1,263.00. Indeed, when looking to rent in Monroe, IN, you can expect to pay as little as $730.00 or as much as $2,340.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Monroe, 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, IN 46772 Preforeclosure Homes


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