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Preforeclosure Homes in Montgomery, IN 47558

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Living in Montgomery, IN

Montgomery, Indiana, is a quaint and friendly town that promises a peaceful lifestyle, coupled with a strong sense of community. The area offers beautiful countryside views and access to local amenities like shops and parks, enhancing the living experience for its residents. With excellent educational opportunities and community events, Montgomery is an ideal place for families looking for a serene environment away from the city's chaos.

Current Market Conditions in Montgomery, IN

Currently, the real estate market in Montgomery shows signs of stability with a modest growth trend. As more individuals seek out quieter rural living, the demand for homes in this area has seen an uptick, especially among families and retirees. This growth is supported by affordable housing prices compared to nearby larger cities.

Investors can find value in this market, as properties in Montgomery often appreciate steadily. The current housing stock provides a mixture of historic charm and modern amenities, catering to a variety of buyers. The town's commitment to preserving its charm while also encouraging development positions it well for future investments.

Home Value Estimator For Montgomery, IN

There are currently 1,019 real estate properties in Montgomery, IN, with a median automated valuation model (AVM) price of $309,793.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montgomery, 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 Montgomery, IN, is $337,542.00, with the most expensive house in Montgomery, IN, topping out at $1,895,066.00 and the cheapest home in Montgomery, IN, clocking in at $44,972.00. In other words, there’s something for every potential homebuyer or savvy investor in Montgomery, IN!

Rent Prices In Montgomery, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montgomery, IN, is on a rollercoaster ride. The average rent price in Montgomery, IN, is $1,195.00. Indeed, when looking to rent in Montgomery, IN, you can expect to pay as little as $560.00 or as much as $1,990.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Montgomery, 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.

Montgomery, IN 47558 Preforeclosure Homes


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