Riley, IN Foreclosures
How much do homes sell for in Riley, IN?
The average home price is currently $193,890.
In Riley, IN, how many homes are available?
There are currently 304 active home listings available in Riley.
What’s the average rental cost in Riley, IN?
The average rental price in Riley is $1,064.
What is the most expensive home in Riley?
The most expensive home sold in Riley had a price of $546,269.
What is currently the cheapest priced home in Riley, IN?
The cheapest home for sale in Riley is priced at $34,577.
Living in Riley, IN
Riley, IN, is a quaint small town in Indiana that offers a peaceful, rural lifestyle with a strong community spirit. It's an ideal location for families and retirees seeking a serene environment, yet it remains close to larger towns for additional amenities. The town is surrounded by beautiful farmlands and outdoor recreational opportunities, making it a desirable place to live.
Current Market Conditions in Riley, IN
The current real estate market in Riley is stable, with modest appreciation rates observed over the past year. Homes are reasonably priced, attracting families and first-time buyers looking for a friendly community atmosphere. As the area continues to develop, potential buyers may find it an attractive investment opportunity.
Trends indicate that demand for homes in Riley is steadily increasing due to its charm and affordable living costs compared to surrounding cities. This demand has prompted some new developments in the area, giving buyers additional options for their housing needs.
Home Value Estimator For Riley, IN
There are currently 89 real estate properties
in Riley, IN,
with a median automated valuation model (AVM) price
of $158,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Riley, 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 Riley, IN,
is $193,890.00, with the most expensive house
in Riley, IN, topping out
at $546,269.00 and the cheapest home
in Riley, IN,
clocking in at $34,577.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Riley, IN!
Rent Prices
In Riley, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Riley, IN, is on
a rollercoaster ride. The
average rent price in Riley, IN,
is $1,064.00. Indeed, when looking to rent in
Riley, IN, you can expect to pay as little
as $630.00 or as much
as $1,680.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in Riley, 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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