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Short Sale Listings in Montezuma, IN 47862

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Living in Montezuma, IN

Montezuma, IN is a quaint rural town known for its friendly community and scenic beauty. Nestled in Parke County, it offers a tranquil lifestyle with access to outdoor activities like fishing and hiking. The town combines rich historical charm with modern necessities, making it an ideal place for families and individuals seeking a slower pace of life.

Current Market Conditions in Montezuma, IN

The current real estate market in Montezuma is characterized by a balanced approach, with homes selling at a steady pace. While prices remain affordable in comparison to urban areas, there is emerging interest in the region as more people seek refuge in smaller towns. This interest has led to a slight increase in demand, particularly for well-maintained homes and properties with land.

Overall, Montezuma's market offers opportunities for both buyers and investors looking for properties with potential for growth. The affordability of homes coupled with the appeal of a rural lifestyle is capturing attention, leading to increased activity among home buyers.

Home Value Estimator For Montezuma, IN

There are currently 485 real estate properties in Montezuma, IN, with a median automated valuation model (AVM) price of $138,484.00. 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 $187,298.00, with the most expensive house in Montezuma, IN, topping out at $1,199,562.00 and the cheapest home in Montezuma, IN, clocking in at $22,776.00. 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 $880.00. 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 $850.00. 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.

Montezuma, IN 47862 Short Sale Listings


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