Montezuma, IN Foreclosures
How much do homes sell for in Montezuma, IN?
The average home price is currently $198,728.
What’s the average rental cost in Montezuma, IN?
The average rental price in Montezuma is $868.
What is the most expensive home in Montezuma?
The most expensive home sold in Montezuma had a price of $7,842,200.
What is currently the cheapest priced home in Montezuma, IN?
The cheapest home for sale in Montezuma is priced at $20,768.
Living in Montezuma, IN
Montezuma, Indiana, is a quaint, rural town with a welcoming community, rich history, and great outdoor activities. This peaceful atmosphere is perfect for families and those seeking a slower pace of life. With convenient access to nearby towns, Montezuma offers both tranquility and accessibility.
Current Market Conditions in Montezuma, IN
The real estate market in Montezuma, IN, has shown stability over the past few months, with average home prices rising slightly. This is indicative of steady demand in the area, as more individuals and families are looking for affordable housing options outside of larger urban centers.
Growing interest in rural communities is prompting an influx of potential homebuyers looking for peace and quiet. As a result, inventory levels have decreased slightly, but opportunities still exist for buyers seeking value in affordable housing.
Investors are increasingly looking at Montezuma for potential growth, noting the area’s charm and appeal to those wishing to escape the hustle and bustle of city life.
Home Value Estimator For Montezuma, IN
There are currently 633 real estate properties
in Montezuma, IN,
with a median automated valuation model (AVM) price
of $134,836.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Montezuma, 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 Montezuma, IN,
is $198,728.00, with the most expensive house
in Montezuma, IN, topping out
at $7,842,200.00 and the cheapest home
in Montezuma, IN,
clocking in at $20,768.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Montezuma, IN!
Rent Prices
In Montezuma, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Montezuma, IN, is on
a rollercoaster ride. The
average rent price in Montezuma, IN,
is $868.00. Indeed, when looking to rent in
Montezuma, IN, you can expect to pay as little
as $460.00 or as much
as $2,080.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Montezuma, 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.
Learn more on Foreclosure homes
