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City-owned Homes And Land 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 $193,129.
In Patriot, IN, how many homes are available?
There are currently 5 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 $14,329.

Living in Patriot, IN

Patriot, Indiana is a charming small town nestled by the Ohio River, offering a peaceful lifestyle amidst beautiful natural surroundings. With its friendly community, local amenities, and access to outdoor activities, it's an attractive area for families and retirees. The town boasts affordable living and a tight-knit atmosphere, making it an ideal place to call home.

Current Market Conditions in Patriot, IN

The real estate market in Patriot is currently showing signs of stability, with a gentle increase in home values over the past year. Given its small-town charm and proximity to the river, demand for homes has been steadily growing, particularly among retirees and those seeking a quieter lifestyle away from urban centers.

Recently, there has been an uptick in interest from individuals looking to relocate from larger cities due to remote work opportunities. This trend has led to a modest rise in home sales, as more buyers seek out the peaceful surroundings and lower cost of living that Patriot offers.

Home Value Estimator For Patriot, IN

There are currently 614 real estate properties in Patriot, IN, with a median automated valuation model (AVM) price of $144,200.00. 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 $193,129.00, 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 $14,329.00. 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 City-owned Homes And Land

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