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Foreclosure Homes in Patriot, IN 47038

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Patriot, IN Foreclosures

How much do homes sell for in Patriot, IN?
The average home price is currently $188,131.
In Patriot, IN, how many homes are available?
There are currently 4 active home listings available in Patriot.
What’s the average rental cost in Patriot, IN?
The average rental price in Patriot is $1,014.
What is the most expensive home in Patriot?
The most expensive home sold in Patriot had a price of $1,323,500.
What is currently the cheapest priced home in Patriot, IN?
The cheapest home for sale in Patriot is priced at $13,917.

Living in Patriot, IN

Patriot, IN is a quaint riverside town with a rich history and a strong sense of community. The area offers a peaceful atmosphere alongside opportunities for outdoor recreation and commerce. With its picturesque environment and family-friendly amenities, it's a hidden gem for real estate investors looking for affordable properties.

Current Market Conditions in Patriot, IN

The real estate market in Patriot, IN has shown steady growth in recent years, attracting both investors and homebuyers seeking affordable options. Properties in the area are competitively priced, with many first-time buyers entering the market due to low financing costs.

Investors can take advantage of the increasing demand for housing in the region, driven by the town's desirable lifestyle and expanding amenities. As more families and retirees seek out quieter living environments, the market in Patriot presents favorable conditions for positive returns on investment.

Home Value Estimator For Patriot, IN

There are currently 612 real estate properties in Patriot, IN, with a median automated valuation model (AVM) price of $142,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Patriot, 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 Patriot, IN, is $188,131.00, with the most expensive house in Patriot, IN, topping out at $1,323,500.00 and the cheapest home in Patriot, IN, clocking in at $13,917.00. In other words, there’s something for every potential homebuyer or savvy investor in Patriot, IN!

Rent Prices In Patriot, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Patriot, IN, is on a rollercoaster ride. The average rent price in Patriot, IN, is $1,014.00. Indeed, when looking to rent in Patriot, IN, you can expect to pay as little as $620.00 or as much as $1,650.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Patriot, 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.

Patriot, IN 47038 Foreclosures


Market Trend for Patriot, IN

Total Listings Available: 4

Market Values:

Home Prices from $13,917 to $1,323,500

Average Sales Price: $188,131

Rental Values:

Rental from $620 to $1,650

Average Rent Value: $1,014 / month

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