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As-is Deals in North Salem, IN

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North Salem, IN Foreclosures

How much do homes sell for in North Salem, IN?
The average home price is currently $397,117.
In North Salem, IN, how many homes are available?
There are currently 2 active home listings available in North Salem.
What’s the average rental cost in North Salem, IN?
The average rental price in North Salem is $1,297.
What is the most expensive home in North Salem?
The most expensive home sold in North Salem had a price of $2,515,600.
What is currently the cheapest priced home in North Salem, IN?
The cheapest home for sale in North Salem is priced at $26,377.

Living in North Salem, IN

North Salem, Indiana, is a welcoming and friendly small town that offers a rural lifestyle with easy access to urban amenities. With its rich history and vibrant community events, it’s a perfect place for families and nature lovers alike. Residents enjoy a variety of outdoor activities and local shops that enhance the town’s charm.

Current Market Conditions in North Salem, IN

The real estate market in North Salem has been stable, with a steady demand for homes due to the appealing lifestyle and relatively low cost of living compared to nearby cities. Current trends show that homes are selling quickly, often above asking price, indicating a competitive market.

While North Salem may have limited inventory, it is attracting buyers looking for affordable housing options in a desirable setting. Investors are particularly interested in rental properties as the town's housing demand continues to grow.

Home Value Estimator For North Salem, IN

There are currently 603 real estate properties in North Salem, IN, with a median automated valuation model (AVM) price of $318,858.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in North Salem, 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 North Salem, IN, is $397,117.00, with the most expensive house in North Salem, IN, topping out at $2,515,600.00 and the cheapest home in North Salem, IN, clocking in at $26,377.00. In other words, there’s something for every potential homebuyer or savvy investor in North Salem, IN!

Rent Prices In North Salem, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in North Salem, IN, is on a rollercoaster ride. The average rent price in North Salem, IN, is $1,297.00. Indeed, when looking to rent in North Salem, IN, you can expect to pay as little as $680.00 or as much as $2,550.00, 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 North Salem, 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.

North Salem, IN As-is Deals

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