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Preforeclosure Homes in Morgantown, IN

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Morgantown, IN Foreclosures

How much do homes sell for in Morgantown, IN?
The average home price is currently $369,766.
In Morgantown, IN, how many homes are available?
There are currently 4 active home listings available in Morgantown.
What’s the average rental cost in Morgantown, IN?
The average rental price in Morgantown is $1,263.
What is the most expensive home in Morgantown?
The most expensive home sold in Morgantown had a price of $8,419,889.
What is currently the cheapest priced home in Morgantown, IN?
The cheapest home for sale in Morgantown is priced at $14,243.

Living in Morgantown, IN

Morgantown, IN is a quaint small town with a strong sense of community and beautiful rural landscapes. It's known for its friendly atmosphere, excellent outdoor recreational opportunities, and solid educational institutions. Residents enjoy a peaceful lifestyle while being close to larger urban areas for added amenities.

Current Market Conditions in Morgantown, IN

The Morgantown real estate market has shown consistent growth over the past year, with an increase in demand for homes due to its attractive rural setting and affordability compared to nearby metropolitan areas. Homes priced under $300,000 are highly sought after, making the market competitive for first-time buyers and families alike.

Currently, the market is witnessing a trend towards more suburban living as individuals and families seek larger spaces and backyard areas as a result of changing work habits post-pandemic. This movement is contributing to rising home values in the areas surrounding Morgantown.

Home Value Estimator For Morgantown, IN

There are currently 2,771 real estate properties in Morgantown, IN, with a median automated valuation model (AVM) price of $328,129.00. 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 $369,766.00, with the most expensive house in Morgantown, IN, topping out at $8,419,889.00 and the cheapest home in Morgantown, IN, clocking in at $14,243.00. 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 $1,263.00. 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 Preforeclosure Homes


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