Mount Summit, IN Foreclosures
How much do homes sell for in Mount Summit, IN?
The average home price is currently $157,585.
What’s the average rental cost in Mount Summit, IN?
The average rental price in Mount Summit is $945.
What is the most expensive home in Mount Summit?
The most expensive home sold in Mount Summit had a price of $291,607.
What is currently the cheapest priced home in Mount Summit, IN?
The cheapest home for sale in Mount Summit is priced at $34,217.
Living in Mount Summit, IN
Mount Summit, Indiana, is a serene rural community known for its friendly atmosphere and natural beauty. With a strong emphasis on outdoor activities and community bonding, it offers a perfect escape from the hustle of city life. The area is well-connected by roadways, combining the benefits of small-town living with the convenience of access to urban centers.
Current Market Conditions in Mount Summit, IN
The real estate market in Mount Summit, IN, has been relatively stable over the past few months, characterized by moderate buyer activity and a consistent supply of homes. Generally, homes are selling within a reasonable timeframe, often attracting buyers looking for affordable rural living.
As the demand for rural properties increases, we are witnessing a slight upward trend in home prices. Buyers are drawn to the scenic surroundings and family-friendly atmosphere, making this area increasingly appealing for homeownership.
Home Value Estimator For Mount Summit, IN
There are currently 101 real estate properties
in Mount Summit, IN,
with a median automated valuation model (AVM) price
of $153,813.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mount Summit, 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 Mount Summit, IN,
is $157,585.00, with the most expensive house
in Mount Summit, IN, topping out
at $291,607.00 and the cheapest home
in Mount Summit, IN,
clocking in at $34,217.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mount Summit, IN!
Rent Prices
In Mount Summit, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mount Summit, IN, is on
a rollercoaster ride. The
average rent price in Mount Summit, IN,
is $945.00. Indeed, when looking to rent in
Mount Summit, IN, you can expect to pay as little
as $580.00 or as much
as $1,350.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Mount Summit, 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.
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