Salamonia, IN Foreclosures
Current Market Conditions in in Salamonia, IN As of January 2026?
Over the past month, the Salamonie real estate market has seen a slight uptick in listings as sellers respond to increasing demand. Homes are spending less time on the market, reflecting a healthy interest from buyers looking for serene living spaces. With the fall season approaching, many families are keen to settle before the holidays, further energizing the market.
How much do homes sell for in Salamonia, IN?
The average home price is currently $129,347.
In Salamonia, IN, how many homes are available?
There are currently 29 active home listings available in Salamonia.
What’s the average rental cost in Salamonia, IN?
The average rental price in Salamonia is $875.
What is the most expensive home in Salamonia?
The most expensive home sold in Salamonia had a price of $465,526.
What is currently the cheapest priced home in Salamonia, IN?
The cheapest home for sale in Salamonia is priced at $45,000.
Living in Salamonia, IN
Salamonie, IN is a quaint town surrounded by beautiful nature, including the picturesque Salamonie Lake. It offers a relaxing lifestyle with recreational opportunities and a strong sense of community. Ideal for those seeking tranquility away from city life, this area features good schools and local businesses.
Buyer vs Seller Market in Salamonia, IN
The real estate market in Salamonie has been experiencing a gradual increase in home values, with demand driven by the town's peaceful lifestyle and natural surroundings. New listings are on the rise, indicating a growing interest among both homebuyers and investors seeking opportunities in smaller towns.
There is a notable trend towards buyers looking for homes with outdoor living spaces, as families engage more with nature. The market is competitive, particularly for homes near the lake, making it crucial for buyers to act promptly.
Home Value Estimator For Salamonia, IN
There are currently 73 real estate properties
in Salamonia, IN,
with a median automated valuation model (AVM) price
of $110,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Salamonia, 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 Salamonia, IN,
is $129,347.00, with the most expensive house
in Salamonia, IN, topping out
at $465,526.00 and the cheapest home
in Salamonia, IN,
clocking in at $45,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Salamonia, IN!
Rent Prices
In Salamonia, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Salamonia, IN, is on
a rollercoaster ride. The
average rent price in Salamonia, IN,
is $875.00. Indeed, when looking to rent in
Salamonia, IN, you can expect to pay as little
as $620.00 or as much
as $1,120.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Salamonia, 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.