Newburgh, IN Foreclosures
How much do homes sell for in Newburgh, IN?
The average home price is currently $357,569.
In Newburgh, IN, how many homes are available?
There are currently 70 active home listings available in Newburgh.
What’s the average rental cost in Newburgh, IN?
The average rental price in Newburgh is $1,520.
What is the most expensive home in Newburgh?
The most expensive home sold in Newburgh had a price of $9,705,900.
What is currently the cheapest priced home in Newburgh, IN?
The cheapest home for sale in Newburgh is priced at $21,514.
Living in Newburgh, IN
Newburgh is a charming town located along the Ohio River in Indiana. It boasts a rich history and a vibrant community atmosphere, making it a popular place for families and retirees alike. The town features excellent schools, beautiful parks, and a strong sense of community.
Current Market Conditions in Newburgh, IN
The real estate market in Newburgh, IN, has seen steady growth over the past few years. The combination of affordable home prices and desirable community amenities has made this area an attractive option for homebuyers. As of now, homes are selling quickly, with many properties attracting multiple offers due to the competitive nature of the market. Prospective buyers are encouraged to act fast when they find a suitable property, as the inventory, while increasing, still struggles to meet demand.
Newburgh's reputation as a family-friendly town continues to drive demand in the housing market. Recent developments and renovations have increased property values, making it an appealing choice for both first-time buyers and those looking for upscale homes. The market is projected to remain competitive as more people discover the charm of this riverside community.
Home Value Estimator For Newburgh, IN
There are currently 12,084 real estate properties
in Newburgh, IN,
with a median automated valuation model (AVM) price
of $298,312.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Newburgh, 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 Newburgh, IN,
is $357,569.00, with the most expensive house
in Newburgh, IN, topping out
at $9,705,900.00 and the cheapest home
in Newburgh, IN,
clocking in at $21,514.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Newburgh, IN!
Rent Prices
In Newburgh, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Newburgh, IN, is on
a rollercoaster ride. The
average rent price in Newburgh, IN,
is $1,520.00. Indeed, when looking to rent in
Newburgh, IN, you can expect to pay as little
as $490.00 or as much
as $3,000.00,
with the average rent median estimated to
be $1,400.00. The good news is that finding
an affordable and desirable property to rent in Newburgh, 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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