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Rent To Own Homes in Roanoke, IN

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Roanoke, IN Foreclosures

How much do homes sell for in Roanoke, IN?
The average home price is currently $392,666.
In Roanoke, IN, how many homes are available?
There are currently 4 active home listings available in Roanoke.
What’s the average rental cost in Roanoke, IN?
The average rental price in Roanoke is $1,404.
What is the most expensive home in Roanoke?
The most expensive home sold in Roanoke had a price of $3,357,440.
What is currently the cheapest priced home in Roanoke, IN?
The cheapest home for sale in Roanoke is priced at $19,257.

Living in Roanoke, IN

Roanoke, IN is a quaint town that offers a perfect blend of rural charm and modern conveniences. Known for its strong sense of community, Roanoke features beautiful parks, highly-rated schools, and local shops that enhance its small-town feel. Whether you're enjoying a vibrant local festival or exploring the surrounding nature, Roanoke provides a peaceful lifestyle with plenty to offer.

Current Market Conditions in Roanoke, IN

The current real estate market in Roanoke shows promising signs of growth, with a steady increase in home values driven by demand for affordable homes in desirable neighborhoods. Buyers are taking an interest in Roanoke due to its community feel, which contrasts significantly with the hustle and bustle of neighboring larger towns.

Recent trends indicate a competitive market where homes are selling quickly, often above asking price due to limited inventory. This has encouraged many homeowners to consider upgrades or renovations, further enhancing property values in the area.

Home Value Estimator For Roanoke, IN

There are currently 2,516 real estate properties in Roanoke, IN, with a median automated valuation model (AVM) price of $330,262.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Roanoke, 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 Roanoke, IN, is $392,666.00, with the most expensive house in Roanoke, IN, topping out at $3,357,440.00 and the cheapest home in Roanoke, IN, clocking in at $19,257.00. In other words, there’s something for every potential homebuyer or savvy investor in Roanoke, IN!

Rent Prices In Roanoke, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Roanoke, IN, is on a rollercoaster ride. The average rent price in Roanoke, IN, is $1,404.00. Indeed, when looking to rent in Roanoke, IN, you can expect to pay as little as $620.00 or as much as $2,220.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Roanoke, 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.

Roanoke, IN Rent To Own Homes


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