Pennville, IN Foreclosures
How much do homes sell for in Pennville, IN?
The average home price is currently $186,948.
In Pennville, IN, how many homes are available?
There are currently 1 active home listings available in Pennville.
What’s the average rental cost in Pennville, IN?
The average rental price in Pennville is $969.
What is the most expensive home in Pennville?
The most expensive home sold in Pennville had a price of $1,787,444.
What is currently the cheapest priced home in Pennville, IN?
The cheapest home for sale in Pennville is priced at $18,626.
Living in Pennville, IN
Pennville, Indiana, is a peaceful small town characterized by its strong sense of community, beautiful landscapes, and abundant outdoor activities. Ideal for families and individuals seeking a quieter lifestyle, Pennville boasts a range of local amenities and schools, making it a wonderful place to call home.
Current Market Conditions in Pennville, IN
The real estate market in Pennville is currently stable, with a slight increase in home sales over the past year. Buyers are taking advantage of low-interest rates, leading to a competitive environment. Homes tend to sell quickly, especially those in good condition and at an attractive price point, which has resulted in a modest appreciation in property values.
As a rural community, Pennville generally sees a slower market compared to urban areas, but the demand for affordable housing continues to draw interest from both first-time buyers and retirees seeking a quieter lifestyle. The presence of local amenities, schools, and parks enhances the desirability of the area.
Home Value Estimator For Pennville, IN
There are currently 513 real estate properties
in Pennville, IN,
with a median automated valuation model (AVM) price
of $140,471.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pennville, 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 Pennville, IN,
is $186,948.00, with the most expensive house
in Pennville, IN, topping out
at $1,787,444.00 and the cheapest home
in Pennville, IN,
clocking in at $18,626.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pennville, IN!
Rent Prices
In Pennville, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pennville, IN, is on
a rollercoaster ride. The
average rent price in Pennville, IN,
is $969.00. Indeed, when looking to rent in
Pennville, IN, you can expect to pay as little
as $560.00 or as much
as $1,810.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Pennville, 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
