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Foreclosure Homes in Nappanee, IN 46550

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Nappanee, IN Foreclosures

How much do homes sell for in Nappanee, IN?
The average home price is currently $330,697.
In Nappanee, IN, how many homes are available?
There are currently 27 active home listings available in Nappanee.
What’s the average rental cost in Nappanee, IN?
The average rental price in Nappanee is $1,286.
What is the most expensive home in Nappanee?
The most expensive home sold in Nappanee had a price of $2,480,281.
What is currently the cheapest priced home in Nappanee, IN?
The cheapest home for sale in Nappanee is priced at $25,298.

Living in Nappanee, IN

Nappanee is a quaint town in Indiana known for its rich Amish heritage. It offers a peaceful lifestyle with various amenities, including parks and schools. Its community events and local charm make it an attractive location for families and investors alike.

Current Market Conditions in Nappanee, IN

The real estate market in Nappanee is currently favorable for both buyers and sellers, with a steady demand for homes. Property values have been experiencing moderate growth due to the town's attractiveness to new residents seeking affordable housing options.

Investors are particularly drawn to Nappanee for rental opportunities, as the local economy continues to grow and attract new businesses. The presence of quality schools and a family-friendly environment further enhances the market potential for real estate investment.

Home Value Estimator For Nappanee, IN

There are currently 3,527 real estate properties in Nappanee, IN, with a median automated valuation model (AVM) price of $266,052.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Nappanee, 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 Nappanee, IN, is $330,697.00, with the most expensive house in Nappanee, IN, topping out at $2,480,281.00 and the cheapest home in Nappanee, IN, clocking in at $25,298.00. In other words, there’s something for every potential homebuyer or savvy investor in Nappanee, IN!

Rent Prices In Nappanee, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Nappanee, IN, is on a rollercoaster ride. The average rent price in Nappanee, IN, is $1,286.00. Indeed, when looking to rent in Nappanee, IN, you can expect to pay as little as $670.00 or as much as $2,650.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Nappanee, 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.

Nappanee, IN 46550 Foreclosures


Market Trend for Nappanee, IN

Total Listings Available: 27

Market Values:

Home Prices from $25,298 to $2,480,281

Average Sales Price: $330,697

Rental Values:

Rental from $670 to $2,650

Average Rent Value: $1,286 / month

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