Petersburg, IN Foreclosures
How much do homes sell for in Petersburg, IN?
The average home price is currently $186,919.
In Petersburg, IN, how many homes are available?
There are currently 2 active home listings available in Petersburg.
What’s the average rental cost in Petersburg, IN?
The average rental price in Petersburg is $988.
What is the most expensive home in Petersburg?
The most expensive home sold in Petersburg had a price of $978,497.
What is currently the cheapest priced home in Petersburg, IN?
The cheapest home for sale in Petersburg is priced at $16,485.
Living in Petersburg, IN
Petersburg, Indiana is a quaint town that combines a rich history with a welcoming community atmosphere. Residents enjoy various local amenities and outdoor recreational activities nearby. Strong educational opportunities make it an ideal place for families.
Current Market Conditions in Petersburg, IN
The current real estate market in Petersburg is favorable for buyers, as the inventory of homes has increased, providing a good selection of properties. Prices remain affordable compared to larger cities, attracting first-time homebuyers and families looking for a quieter lifestyle. The area's stability has made it a target for those seeking to invest in real estate, and the demand for homes continues to be steady.
Trends in the market show a gradual appreciation in home values over the last year, with additional interest in both single-family homes and investment properties. The local economy supports this growth, allowing more individuals to explore home ownership, while interest rates remain relatively low compared to national averages.
Home Value Estimator For Petersburg, IN
There are currently 1,783 real estate properties
in Petersburg, IN,
with a median automated valuation model (AVM) price
of $171,076.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Petersburg, 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 Petersburg, IN,
is $186,919.00, with the most expensive house
in Petersburg, IN, topping out
at $978,497.00 and the cheapest home
in Petersburg, IN,
clocking in at $16,485.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Petersburg, IN!
Rent Prices
In Petersburg, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Petersburg, IN, is on
a rollercoaster ride. The
average rent price in Petersburg, IN,
is $988.00. Indeed, when looking to rent in
Petersburg, IN, you can expect to pay as little
as $490.00 or as much
as $2,110.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Petersburg, 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.
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