New Ross, IN Foreclosures
How much do homes sell for in New Ross, IN?
The average home price is currently $310,073.
In New Ross, IN, how many homes are available?
There are currently 2 active home listings available in New Ross.
What’s the average rental cost in New Ross, IN?
The average rental price in New Ross is $1,176.
What is the most expensive home in New Ross?
The most expensive home sold in New Ross had a price of $10,784,300.
What is currently the cheapest priced home in New Ross, IN?
The cheapest home for sale in New Ross is priced at $32,968.
Living in New Ross, IN
New Ross, Indiana is a charming small town that provides a serene atmosphere for residents with its friendly community and beautiful rural setting. Perfect for families and individuals looking for a peaceful lifestyle, the town offers various local amenities and outdoor activities. With good schools and proximity to larger cities, New Ross is an attractive option for those seeking a quaint living experience.
Current Market Conditions in New Ross, IN
The real estate market in New Ross is generally stable, with a modest increase in home prices over recent months. Due to its rural charm and affordability, the area appeals to buyers looking for starter homes or retirement properties. Inventory in the housing market is low, creating a competitive environment for potential homebuyers, but the prices remain accessible compared to urban areas.
In recent times, more buyers have shown interest in New Ross as remote working becomes more popular. The demand for houses with land has spiked, influencing the local market to shift towards a seller's market.
Home Value Estimator For New Ross, IN
There are currently 388 real estate properties
in New Ross, IN,
with a median automated valuation model (AVM) price
of $245,621.00. 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 Ross, 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 Ross, IN,
is $310,073.00, with the most expensive house
in New Ross, IN, topping out
at $10,784,300.00 and the cheapest home
in New Ross, IN,
clocking in at $32,968.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Ross, IN!
Rent Prices
In New Ross, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Ross, IN, is on
a rollercoaster ride. The
average rent price in New Ross, IN,
is $1,176.00. Indeed, when looking to rent in
New Ross, IN, you can expect to pay as little
as $590.00 or as much
as $2,760.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in New Ross, 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.