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Land Foreclosures in Morgantown, IN 46160

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Morgantown, IN Foreclosures

How much do homes sell for in Morgantown, IN?
The average home price is currently $363,299.
What’s the average rental cost in Morgantown, IN?
The average rental price in Morgantown is $1,265.
What is the most expensive home in Morgantown?
The most expensive home sold in Morgantown had a price of $6,904,113.
What is currently the cheapest priced home in Morgantown, IN?
The cheapest home for sale in Morgantown is priced at $23,651.

Living in Morgantown, IN

Morgantown, IN, is a quaint small town nestled in the heart of Brown County. Known for its friendly community and stunning natural surroundings, residents enjoy a slower pace of life. Outdoor enthusiasts will appreciate the nearby parks, while families benefit from a safe environment and local education options.

Current Market Conditions in Morgantown, IN

The Morgantown real estate market is currently stable, with a good mix of affordable homes and some more upscale listings. The demand for homes in the area has been gradually rising as more people discover the charm of this small town, especially those looking for a retreat from the city.

In 2023, home sales have seen a moderate increase, with a 10% rise in property values compared to last year. There has been a notable interest in properties near the state park and in the town center, where many amenities are located.

Home Value Estimator For Morgantown, IN

There are currently 2,527 real estate properties in Morgantown, IN, with a median automated valuation model (AVM) price of $327,960.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morgantown, 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 Morgantown, IN, is $363,299.00, with the most expensive house in Morgantown, IN, topping out at $6,904,113.00 and the cheapest home in Morgantown, IN, clocking in at $23,651.00. In other words, there’s something for every potential homebuyer or savvy investor in Morgantown, IN!

Rent Prices In Morgantown, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morgantown, IN, is on a rollercoaster ride. The average rent price in Morgantown, IN, is $1,265.00. Indeed, when looking to rent in Morgantown, IN, you can expect to pay as little as $510.00 or as much as $2,790.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Morgantown, 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.

Morgantown, IN 46160 Land


Market Trend for Morgantown, IN

Total Listings Available: 0

Market Values:

Home Prices from $23,651 to $6,904,113

Average Sales Price: $363,299

Rental Values:

Rental from $510 to $2,790

Average Rent Value: $1,265 / month

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