Oolitic, IN Foreclosures
How much do homes sell for in Oolitic, IN?
The average home price is currently $201,355.
What’s the average rental cost in Oolitic, IN?
The average rental price in Oolitic is $1,007.
What is the most expensive home in Oolitic?
The most expensive home sold in Oolitic had a price of $3,317,952.
What is currently the cheapest priced home in Oolitic, IN?
The cheapest home for sale in Oolitic is priced at $26,080.
Living in Oolitic, IN
Oolitic, Indiana is a quaint town characterized by its welcoming community and scenic landscapes. The area offers a variety of recreational activities and is conveniently located near larger urban centers, blending small-town charm with accessibility to city amenities. Residents enjoy a peaceful lifestyle enriched with local events and outdoor adventures.
Current Market Conditions in Oolitic, IN
The real estate market in Oolitic, IN has shown signs of stability, with an increase in home listings in recent months. The community’s appeal for retirees and families has kept demand for housing relatively steady, contributing to a healthy market environment. The inventory is modest, leading to competitive prices but still within reach for many buyers looking for affordable living.
Currently, properties in Oolitic are appreciating, and families seeking reasonable housing options find the market to be favorable. As more people realize the advantages of smaller towns such as Oolitic, there is a potential for continued growth in the housing sector.
Home Value Estimator For Oolitic, IN
There are currently 513 real estate properties
in Oolitic, IN,
with a median automated valuation model (AVM) price
of $181,097.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oolitic, 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 Oolitic, IN,
is $201,355.00, with the most expensive house
in Oolitic, IN, topping out
at $3,317,952.00 and the cheapest home
in Oolitic, IN,
clocking in at $26,080.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oolitic, IN!
Rent Prices
In Oolitic, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oolitic, IN, is on
a rollercoaster ride. The
average rent price in Oolitic, IN,
is $1,007.00. Indeed, when looking to rent in
Oolitic, IN, you can expect to pay as little
as $560.00 or as much
as $2,220.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Oolitic, 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.
Learn more on Foreclosure homes
