Southport, IN Foreclosures
How much do homes sell for in Southport, IN?
The average home price is currently $238,219.
What’s the average rental cost in Southport, IN?
The average rental price in Southport is $1,203.
What is the most expensive home in Southport?
The most expensive home sold in Southport had a price of $689,088.
What is currently the cheapest priced home in Southport, IN?
The cheapest home for sale in Southport is priced at $28,133.
Living in Southport, IN
Southport, Indiana, is a charming suburb just south of Indianapolis known for its family-friendly atmosphere and community engagement. With close proximity to parks, shopping, and local amenities, it offers both convenience and a tranquil living environment. Residents enjoy easy access to downtown Indianapolis for work and entertainment while having a peaceful suburban lifestyle.
Current Market Conditions in Southport, IN
The Southport real estate market is currently experiencing a steady growth trend. With more families seeking suburban living near urban centers, demand for homes in this area remains high. As a result, the prices have seen an uptick, reflecting the appealing lifestyle this suburb offers.
Currently, average home prices in Southport are seeing a modest increase, with the market accommodating both first-time homebuyers and seasoned investors. Inventory levels are relatively low, which is driving competition, especially for well-kept, single-family homes.
Home Value Estimator For Southport, IN
There are currently 662 real estate properties
in Southport, IN,
with a median automated valuation model (AVM) price
of $235,428.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Southport, 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 Southport, IN,
is $238,219.00, with the most expensive house
in Southport, IN, topping out
at $689,088.00 and the cheapest home
in Southport, IN,
clocking in at $28,133.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Southport, IN!
Rent Prices
In Southport, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Southport, IN, is on
a rollercoaster ride. The
average rent price in Southport, IN,
is $1,203.00. Indeed, when looking to rent in
Southport, IN, you can expect to pay as little
as $710.00 or as much
as $2,240.00,
with the average rent median estimated to
be $1,200.00. The good news is that finding
an affordable and desirable property to rent in Southport, 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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