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Short Sale Listings in Reynolds, IN 47980

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Living in Reynolds, IN

Reynolds, IN, is a serene small town perfect for families and retirees. The town boasts a strong sense of community and hosts local events that bring people together. With its agricultural landscape and proximity to larger towns, Reynolds is a hidden gem for those seeking a quiet lifestyle.

Current Market Conditions in Reynolds, IN

The real estate market in Reynolds is currently experiencing a gradual increase in activity, making it a promising area for investment. Home prices remain affordable compared to urban centers, attracting first-time homebuyers and investors looking for rental properties.

Due to the small-town charm, demand for homes is steady, particularly for single-family homes and properties with land. Investors can expect a healthy rental yield, as the area continues to attract families seeking a peaceful environment.

Home Value Estimator For Reynolds, IN

There are currently 334 real estate properties in Reynolds, IN, with a median automated valuation model (AVM) price of $188,989.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reynolds, 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 Reynolds, IN, is $243,578.00, with the most expensive house in Reynolds, IN, topping out at $4,411,800.00 and the cheapest home in Reynolds, IN, clocking in at $31,385.00. In other words, there’s something for every potential homebuyer or savvy investor in Reynolds, IN!

Rent Prices In Reynolds, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reynolds, IN, is on a rollercoaster ride. The average rent price in Reynolds, IN, is $1,119.00. Indeed, when looking to rent in Reynolds, IN, you can expect to pay as little as $610.00 or as much as $2,290.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Reynolds, 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.

Reynolds, IN 47980 Short Sale Listings


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