Newberry, IN Foreclosures
How much do homes sell for in Newberry, IN?
The average home price is currently $195,595.
In Newberry, IN, how many homes are available?
There are currently 1 active home listings available in Newberry.
What’s the average rental cost in Newberry, IN?
The average rental price in Newberry is $908.
What is the most expensive home in Newberry?
The most expensive home sold in Newberry had a price of $578,341.
What is currently the cheapest priced home in Newberry, IN?
The cheapest home for sale in Newberry is priced at $10,935.
Living in Newberry, IN
Newberry, Indiana, is a charming small town known for its welcoming community and quiet lifestyle. Nestled in the heart of the Midwest, this quaint location offers a variety of outdoor activities and local amenities. With good schools and family-friendly parks, Newberry is an ideal place for those looking to escape the hustle and bustle of bigger cities.
Current Market Conditions in Newberry, IN
The real estate market in Newberry, IN, has remained stable, with a steady demand for homes. This small town's charm and affordability attract both first-time buyers and retirees looking to downsize.
Current trends indicate that prices are slowly increasing, driven by the area’s appeal for those seeking a serene lifestyle away from urban congestion. The market has seen a slight uptick in inventory, providing more options for buyers.
Home Value Estimator For Newberry, IN
There are currently 107 real estate properties
in Newberry, IN,
with a median automated valuation model (AVM) price
of $165,097.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Newberry, 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 Newberry, IN,
is $195,595.00, with the most expensive house
in Newberry, IN, topping out
at $578,341.00 and the cheapest home
in Newberry, IN,
clocking in at $10,935.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Newberry, IN!
Rent Prices
In Newberry, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Newberry, IN, is on
a rollercoaster ride. The
average rent price in Newberry, IN,
is $908.00. Indeed, when looking to rent in
Newberry, IN, you can expect to pay as little
as $580.00 or as much
as $1,710.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Newberry, 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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