New Lisbon, IN Foreclosures
How much do homes sell for in New Lisbon, IN?
The average home price is currently $141,423.
In New Lisbon, IN, how many homes are available?
There are currently 162 active home listings available in New Lisbon.
What’s the average rental cost in New Lisbon, IN?
The average rental price in New Lisbon is $895.
What is the most expensive home in New Lisbon?
The most expensive home sold in New Lisbon had a price of $405,666.
What is currently the cheapest priced home in New Lisbon, IN?
The cheapest home for sale in New Lisbon is priced at $34,696.
Living in New Lisbon, IN
New Lisbon is a charming small town located in Indiana, known for its friendly community and rural charm. It offers a peaceful lifestyle with easy access to nearby cities for work and leisure. Residents enjoy a tight-knit atmosphere with local events and gatherings that foster a strong sense of belonging.
Current Market Conditions in New Lisbon, IN
Currently, New Lisbon's real estate market is showing positive signs of growth, driven by an increase in demand for homes in rural areas. As more people seek the peace and tranquility of small towns, home prices have been gradually rising, although they remain more affordable compared to urban counterparts.
There has been an influx of interest from young families and retirees alike, looking to relocate to a community-oriented environment. This demographic trend is supporting a robust real estate market with stable investment opportunities.
Home Value Estimator For New Lisbon, IN
There are currently 27 real estate properties
in New Lisbon, IN,
with a median automated valuation model (AVM) price
of $128,245.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in New Lisbon, 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 New Lisbon, IN,
is $141,423.00, with the most expensive house
in New Lisbon, IN, topping out
at $405,666.00 and the cheapest home
in New Lisbon, IN,
clocking in at $34,696.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Lisbon, IN!
Rent Prices
In New Lisbon, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Lisbon, IN, is on
a rollercoaster ride. The
average rent price in New Lisbon, IN,
is $895.00. Indeed, when looking to rent in
New Lisbon, IN, you can expect to pay as little
as $630.00 or as much
as $1,280.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in New Lisbon, 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.