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Rent To Own Homes in Portland, IN

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Portland, IN Foreclosures

How much do homes sell for in Portland, IN?
The average home price is currently $190,153.
In Portland, IN, how many homes are available?
There are currently 15 active home listings available in Portland.
What’s the average rental cost in Portland, IN?
The average rental price in Portland is $968.
What is the most expensive home in Portland?
The most expensive home sold in Portland had a price of $2,877,300.
What is currently the cheapest priced home in Portland, IN?
The cheapest home for sale in Portland is priced at $15,615.

Living in Portland, IN

Portland, IN, is a charming city characterized by its strong community values and historical significance. With access to schools, parks, and local amenities, it’s an ideal spot for families and outdoor enthusiasts. Its welcoming environment fosters a great sense of belonging, making it a great place to call home.

Current Market Conditions in Portland, IN

The real estate market in Portland, IN, has been relatively stable over the past year. Homes have generally maintained their value, and there has been a slow but steady increase in demand, particularly for family-sized homes and properties with outdoor space. This trend is attracting buyers looking for a quiet lifestyle with proximity to necessary amenities.

As of recently, the market reflects opportunities for both buyers and sellers. While homes listed in the lower price range see quick sales due to high demand, the higher-end properties are experiencing longer time on the market, indicating a possible saturation of luxury homes.

Home Value Estimator For Portland, IN

There are currently 4,138 real estate properties in Portland, IN, with a median automated valuation model (AVM) price of $156,786.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Portland, 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 Portland, IN, is $190,153.00, with the most expensive house in Portland, IN, topping out at $2,877,300.00 and the cheapest home in Portland, IN, clocking in at $15,615.00. In other words, there’s something for every potential homebuyer or savvy investor in Portland, IN!

Rent Prices In Portland, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Portland, IN, is on a rollercoaster ride. The average rent price in Portland, IN, is $968.00. Indeed, when looking to rent in Portland, IN, you can expect to pay as little as $430.00 or as much as $2,520.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Portland, 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.

Portland, IN Rent To Own Homes

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