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Cheap Homes in Montezuma, IN

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Living in Montezuma, IN

Montezuma, IN is a charming small town situated along the Wabash River. It offers a tranquil rural lifestyle with access to various outdoor activities and a tight-knit community atmosphere. With local events and festivals, it is an inviting place for families and those who seek a peaceful retreat.

Current Market Conditions in Montezuma, IN

The real estate market in Montezuma is stable, showing a growing interest from both local and out-of-state investors. Properties are generally affordable, and the demand for housing in such serene locales is on the rise, making it a prudent investment opportunity.

Recent trends indicate an increase in renovations of older homes, enhancing the overall property values in the area. Investors can find diverse options ranging from quaint historic homes to more modern builds, catering to a variety of potential renters or 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 $126,900.00. 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 $173,994.00, with the most expensive house in Montezuma, IN, topping out at $1,063,484.00 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.

Cheap Homes in Montezuma, IN


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