Montezuma, IN Foreclosures
How much do homes sell for in Montezuma, IN?
The average home price is currently $191,359.
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 $20,767.
Living in Montezuma, IN
Montezuma, Indiana, is a charming small town known for its friendly community atmosphere and picturesque natural surroundings. Nestled near the Wabash River, it offers residents access to outdoor activities like fishing and hiking. The town combines a peaceful rural lifestyle with the conveniences of nearby urban areas.
Current Market Conditions in Montezuma, IN
The real estate market in Montezuma has been experiencing steady growth, with increasing interest from potential homebuyers attracted to its tranquility and affordability. Homes in this small town remain reasonably priced compared to neighboring urban areas, allowing for a low barrier to entry for new residents. This trend has made it an appealing location for families looking for a peaceful living environment and for investors interested in rental properties.
As more people seek suburban living while remaining within commuting distance of larger cities like Terre Haute and Indianapolis, Montezuma's appeal continues to strengthen. With its blend of affordability, community, and outdoor activities, both homebuyers and investors are recognizing the potential for growth in the area's real estate market.
Home Value Estimator For Montezuma, IN
There are currently 598 real estate properties
in Montezuma, IN,
with a median automated valuation model (AVM) price
of $130,383.00. 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 $191,359.00, 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 $20,767.00. 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
