Shoals, IN Foreclosures
How much do homes sell for in Shoals, IN?
The average home price is currently $194,693.
What’s the average rental cost in Shoals, IN?
The average rental price in Shoals is $974.
What is the most expensive home in Shoals?
The most expensive home sold in Shoals had a price of $1,150,524.
What is currently the cheapest priced home in Shoals, IN?
The cheapest home for sale in Shoals is priced at $11,514.
Living in Shoals, IN
Shoals, IN, is a charming small town that embraces the beauty of rural Indiana living. Known for its friendly residents and community events, Shoals offers a peaceful lifestyle with access to outdoor activities like fishing and hiking. With a quaint downtown area and easy access to larger cities, it provides the perfect balance for those seeking tranquility.
Current Market Conditions in Shoals, IN
The real estate market in Shoals is currently very stable, with an emphasis on affordability. Home prices have remained competitive over the past year, attracting young families and retirees alike. The demand for single-family homes is steady, and there are opportunities for investors looking to buy rental properties or for first-time homebuyers seeking a starter home.
Currently, homes in Shoals are seeing interest due to the low interest rates, and buyers are drawn to the peaceful atmosphere and affordability compared to larger nearby cities. However, inventory remains somewhat limited, creating a market that favors sellers, although there are still good options for buyers.
Home Value Estimator For Shoals, IN
There are currently 1,466 real estate properties
in Shoals, IN,
with a median automated valuation model (AVM) price
of $172,067.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Shoals, 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 Shoals, IN,
is $194,693.00, with the most expensive house
in Shoals, IN, topping out
at $1,150,524.00 and the cheapest home
in Shoals, IN,
clocking in at $11,514.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shoals, IN!
Rent Prices
In Shoals, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shoals, IN, is on
a rollercoaster ride. The
average rent price in Shoals, IN,
is $974.00. Indeed, when looking to rent in
Shoals, IN, you can expect to pay as little
as $510.00 or as much
as $2,070.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Shoals, 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.
Learn more on Foreclosure homes
