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City-owned Homes And Land in Pendleton, IN

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Pendleton, IN Foreclosures

Current Market Conditions in Pendleton, IN as of August 2026?
Home values: +0.59% MoM; rent: +0.00% MoM.
How much do homes sell for in Pendleton, IN?
The average home price is currently $380,062.
In Pendleton, IN, how many homes are available?
There are currently 72 active home listings available in Pendleton.
What’s the average rental cost in Pendleton, IN?
The average rental price in Pendleton is $1,191.
What is the most expensive home in Pendleton?
The most expensive home sold in Pendleton had a price of $4,951,532.
What is currently the cheapest priced home in Pendleton, IN?
The cheapest home for sale in Pendleton is priced at $14,784.

Living in Pendleton, IN

Pendleton is a historic small town in Madison County with parks, schools, local amenities, and convenient I-69 access northeast of Indianapolis.

Buyer vs Seller Market in Pendleton, IN

Median home value: $342,407 as of 2026-08-14.

Median rent: $1,180 as of 2026-08-14.

Home values: +0.59% MoM, +10.88% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Pendleton, IN

There are currently 6,523 real estate properties in Pendleton, IN, with a median automated valuation model (AVM) price of $342,407.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pendleton, 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 Pendleton, IN, is $380,062.00, with the most expensive house in Pendleton, IN, topping out at $4,951,532.00 and the cheapest home in Pendleton, IN, clocking in at $14,784.00. In other words, there’s something for every potential homebuyer or savvy investor in Pendleton, IN!

Rent Prices In Pendleton, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pendleton, IN, is on a rollercoaster ride. The average rent price in Pendleton, IN, is $1,191.00. Indeed, when looking to rent in Pendleton, IN, you can expect to pay as little as $590.00 or as much as $2,560.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Pendleton, 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.

Pendleton, IN City-owned Homes And Land

Pendleton, IN
City-Owned Homes and Land Market

Listings  72
Area price range
$14,784 – $4,951,532
Avg market value
$380,062
Property types
Homes & Land
Sale method
Auction / Bid / RFP

In Pendleton, IN, city-owned homes and land are sold by the municipality or a public land bank — often below the surrounding market, where home values typically range $14,784 to $4,951,532 (averaging about $380,062). Inventory can include vacant lots, tax-foreclosed homes, and surplus parcels offered through public auctions, sealed bids, or request-for-proposal programs.

  • Active inventory: 72 city-owned properties currently available in Pendleton.
  • Below market: Municipal sales prioritize redevelopment over profit, so prices can fall under the ~$380,062 local average.
  • Buyer note: Listings may carry use restrictions or rehabilitation requirements — review the terms before you bid.
At-a-glance: Local avg value: $380,062 • Sold via auction, sealed bid, or RFP
City-owned availability and terms vary by municipality. Market values reflect recent local activity and may vary by neighborhood and property type.

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