Paragon, IN Foreclosures
How much do homes sell for in Paragon, IN?
The average home price is currently $277,415.
What’s the average rental cost in Paragon, IN?
The average rental price in Paragon is $1,107.
What is the most expensive home in Paragon?
The most expensive home sold in Paragon had a price of $2,647,100.
What is currently the cheapest priced home in Paragon, IN?
The cheapest home for sale in Paragon is priced at $18,992.
Living in Paragon, IN
Paragon, Indiana is a small town that offers a friendly community atmosphere with a focus on outdoor activities and local events. Its proximity to larger urban areas provides residents with access to big city amenities while enjoying a tranquil rural lifestyle. The town's historic charm is complemented by recreational opportunities and local parks.
Current Market Conditions in Paragon, IN
The real estate market in Paragon, IN is currently experiencing a steady demand for homes. Although the prices have remained stable, there is a noticeable increase in interest from buyers looking for affordable housing options in a friendly rural community. Many homes are being sold quickly, indicating a competitive environment, particularly for well-priced properties that meet the needs of first-time buyers and families.
Investors are also beginning to take note of the appeal of this small town, driven by its potential for growth as more people seek housing outside of metropolitan areas. As new families move in, the demand for homes with modern amenities and outdoor space has risen, positively impacting the local market.
Home Value Estimator For Paragon, IN
There are currently 767 real estate properties
in Paragon, IN,
with a median automated valuation model (AVM) price
of $247,551.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Paragon, 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 Paragon, IN,
is $277,415.00, with the most expensive house
in Paragon, IN, topping out
at $2,647,100.00 and the cheapest home
in Paragon, IN,
clocking in at $18,992.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Paragon, IN!
Rent Prices
In Paragon, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Paragon, IN, is on
a rollercoaster ride. The
average rent price in Paragon, IN,
is $1,107.00. Indeed, when looking to rent in
Paragon, IN, you can expect to pay as little
as $610.00 or as much
as $2,400.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Paragon, 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.