Richland, IN Foreclosures
How much do homes sell for in Richland, IN?
The average home price is currently $195,497.
In Richland, IN, how many homes are available?
There are currently 8 active home listings available in Richland.
What’s the average rental cost in Richland, IN?
The average rental price in Richland is $1,040.
What is the most expensive home in Richland?
The most expensive home sold in Richland had a price of $808,800.
What is currently the cheapest priced home in Richland, IN?
The cheapest home for sale in Richland is priced at $12,139.
Living in Richland, IN
Richland, Indiana is a small, tight-knit community known for its friendly atmosphere and serene rural setting. With easy access to local amenities and recreational opportunities, Richland offers a peaceful lifestyle with a strong sense of community. Residents enjoy a slower pace of life while being just a short drive from larger cities for more extensive services and entertainment options.
Current Market Conditions in Richland, IN
The real estate market in Richland, IN has shown a steady growth trend over the past year, with home values appreciating steadily due to increasing demand for suburban living. Buyers are particularly interested in the affordable housing options that the town offers, making it an attractive destination for those looking to escape urban congestion.
In recent months, listings in Richland have seen a rise in interest, with properties often selling quicker than on previous occasions. The low inventory has created a competitive environment, particularly for three-bedroom homes, which are popular among families.
Home Value Estimator For Richland, IN
There are currently 816 real estate properties
in Richland, IN,
with a median automated valuation model (AVM) price
of $170,075.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Richland, 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 Richland, IN,
is $195,497.00, with the most expensive house
in Richland, IN, topping out
at $808,800.00 and the cheapest home
in Richland, IN,
clocking in at $12,139.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Richland, IN!
Rent Prices
In Richland, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Richland, IN, is on
a rollercoaster ride. The
average rent price in Richland, IN,
is $1,040.00. Indeed, when looking to rent in
Richland, IN, you can expect to pay as little
as $470.00 or as much
as $1,990.00,
with the average rent median estimated to
be $1,010.00. The good news is that finding
an affordable and desirable property to rent in Richland, 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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