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Foreclosure Homes in Spiceland, IN 47385

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Spiceland, IN Foreclosures

How much do homes sell for in Spiceland, IN?
The average home price is currently $242,015.
In Spiceland, IN, how many homes are available?
There are currently 3 active home listings available in Spiceland.
What’s the average rental cost in Spiceland, IN?
The average rental price in Spiceland is $1,003.
What is the most expensive home in Spiceland?
The most expensive home sold in Spiceland had a price of $5,621,200.
What is currently the cheapest priced home in Spiceland, IN?
The cheapest home for sale in Spiceland is priced at $15,605.

Living in Spiceland, IN

Spiceland, Indiana, is a quaint small town characterized by its warm community spirit and tranquil lifestyle. It offers unique local shops, friendly neighborhoods, and access to outdoor activities. With a convenient location along U.S. Route 40, Spiceland provides easy connectivity to larger neighboring cities while maintaining its small-town charm.

Current Market Conditions in Spiceland, IN

The current real estate market in Spiceland is showing signs of stabilization with a modest increase in property values. Demand for homes has risen slightly, driven by the town's appealing lifestyle and affordable housing options. Buyers are drawn to the area for its educational opportunities and community amenities, leading to a balanced market with both opportunities for buyers and sellers.

Over the past month, there has been a noticeable uptick in home listings, offering a greater variety for potential buyers. The median sale price has shown slight appreciation, suggesting that while it's a buyer's market, the competition for desirable properties is increasing.

Home Value Estimator For Spiceland, IN

There are currently 621 real estate properties in Spiceland, IN, with a median automated valuation model (AVM) price of $197,439.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Spiceland, 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 Spiceland, IN, is $242,015.00, with the most expensive house in Spiceland, IN, topping out at $5,621,200.00 and the cheapest home in Spiceland, IN, clocking in at $15,605.00. In other words, there’s something for every potential homebuyer or savvy investor in Spiceland, IN!

Rent Prices In Spiceland, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Spiceland, IN, is on a rollercoaster ride. The average rent price in Spiceland, IN, is $1,003.00. Indeed, when looking to rent in Spiceland, IN, you can expect to pay as little as $560.00 or as much as $2,160.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Spiceland, 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.

Spiceland, IN 47385 Foreclosures


Market Trend for Spiceland, IN

Total Listings Available: 3

Market Values:

Home Prices from $15,605 to $5,621,200

Average Sales Price: $242,015

Rental Values:

Rental from $560 to $2,160

Average Rent Value: $1,003 / month

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