Orestes, IN Foreclosures
How much do homes sell for in Orestes, IN?
The average home price is currently $138,296.
In Orestes, IN, how many homes are available?
There are currently 471 active home listings available in Orestes.
What’s the average rental cost in Orestes, IN?
The average rental price in Orestes is $886.
What is the most expensive home in Orestes?
The most expensive home sold in Orestes had a price of $319,110.
What is currently the cheapest priced home in Orestes, IN?
The cheapest home for sale in Orestes is priced at $36,233.
Living in Orestes, IN
Orestes, IN is a quaint, small town characterized by a strong community spirit and peaceful living. With access to local amenities and outdoor activities, it is perfect for families and retirees. The proximity to Anderson enhances its appeal, providing opportunities for entertainment and shopping while maintaining a quiet, suburban lifestyle.
Current Market Conditions in Orestes, IN
The real estate market in Orestes is currently stable, with a balanced distribution of buyers and sellers contributing to price stability. Due to its affordability, Orestes continues to attract first-time homebuyers and those looking for spacious yards and family-friendly environments. Homes typically sell within a few months of being listed, and the interest levels remain high among local and surrounding area residents.
There is a noticeable trend of increasing property values driven by a demand for affordable housing options in small towns. The average home price has seen a gradual rise consistent with statewide trends, particularly as remote work becomes more common allowing families to seek homes that are away from urban centers.
Home Value Estimator For Orestes, IN
There are currently 124 real estate properties
in Orestes, IN,
with a median automated valuation model (AVM) price
of $141,171.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Orestes, 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 Orestes, IN,
is $138,296.00, with the most expensive house
in Orestes, IN, topping out
at $319,110.00 and the cheapest home
in Orestes, IN,
clocking in at $36,233.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Orestes, IN!
Rent Prices
In Orestes, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Orestes, IN, is on
a rollercoaster ride. The
average rent price in Orestes, IN,
is $886.00. Indeed, when looking to rent in
Orestes, IN, you can expect to pay as little
as $610.00 or as much
as $1,130.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Orestes, 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
