Redkey, IN Foreclosures
How much do homes sell for in Redkey, IN?
The average home price is currently $159,885.
In Redkey, IN, how many homes are available?
There are currently 2 active home listings available in Redkey.
What’s the average rental cost in Redkey, IN?
The average rental price in Redkey is $924.
What is the most expensive home in Redkey?
The most expensive home sold in Redkey had a price of $3,861,912.
What is currently the cheapest priced home in Redkey, IN?
The cheapest home for sale in Redkey is priced at $22,667.
Living in Redkey, IN
Redkey, Indiana is a small, welcoming town that offers a tranquil lifestyle with a close-knit community. Known for its rural beauty and friendly residents, it is an ideal place for families and retirees. The town features local amenities and parks, making it perfect for outdoor activities.
Current Market Conditions in Redkey, IN
The real estate market in Redkey, IN is currently showing signs of stability with moderate activity. Homes are selling at an accelerated pace compared to previous years, driven by demand for affordable housing options in rural areas. Buyers are attracted to the town's peaceful environment and lower cost of living, making it an appealing location for first-time homebuyers and retired individuals.
In recent weeks, the market has seen a slight increase in home prices, though they remain below the national average. Sellers are encouraged to prepare for possible bidding wars, as buyers often compete for properties that meet their criteria, especially those near schools or in family-friendly neighborhoods.
Home Value Estimator For Redkey, IN
There are currently 853 real estate properties
in Redkey, IN,
with a median automated valuation model (AVM) price
of $124,556.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Redkey, 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 Redkey, IN,
is $159,885.00, with the most expensive house
in Redkey, IN, topping out
at $3,861,912.00 and the cheapest home
in Redkey, IN,
clocking in at $22,667.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Redkey, IN!
Rent Prices
In Redkey, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Redkey, IN, is on
a rollercoaster ride. The
average rent price in Redkey, IN,
is $924.00. Indeed, when looking to rent in
Redkey, IN, you can expect to pay as little
as $470.00 or as much
as $1,730.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Redkey, 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
