Southport, IN Foreclosures
How much do homes sell for in Southport, IN?
The average home price is currently $237,656.
In Southport, IN, how many homes are available?
There are currently 1 active home listings available in Southport.
What’s the average rental cost in Southport, IN?
The average rental price in Southport is $1,205.
What is the most expensive home in Southport?
The most expensive home sold in Southport had a price of $456,500.
What is currently the cheapest priced home in Southport, IN?
The cheapest home for sale in Southport is priced at $78,101.
Living in Southport, IN
Southport, Indiana provides a quaint suburban atmosphere with excellent amenities. It is known for its strong community ties, good public schools, and is in close proximity to the vibrant city of Indianapolis. Local parks and recreational activities make Southport an appealing choice for families and nature lovers.
Current Market Conditions in Southport, IN
The current real estate market in Southport remains competitive, with demand for homes continuing to increase. As more individuals seek to relocate to suburban areas for affordability and community attributes, Southport has seen a steady appreciation in home values. Buyers should be prepared for multiple offer scenarios as inventory levels remain below demand.
Home sales activity has shown a significant rise in recent months, with properties selling quickly. The mix of single-family homes and townhouses appeals to various demographics, including first-time buyers and seasoned investors looking for rental opportunities.
Home Value Estimator For Southport, IN
There are currently 629 real estate properties
in Southport, IN,
with a median automated valuation model (AVM) price
of $236,754.00. 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 $237,656.00, with the most expensive house
in Southport, IN, topping out
at $456,500.00 and the cheapest home
in Southport, IN,
clocking in at $78,101.00. 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 $1,205.00. 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 $1,210.00. 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.
Learn more on Foreclosure homes
