Spring Grove, IN Foreclosures
How much do homes sell for in Spring Grove, IN?
The average home price is currently $115,335.
What’s the average rental cost in Spring Grove, IN?
The average rental price in Spring Grove is $912.
What is the most expensive home in Spring Grove?
The most expensive home sold in Spring Grove had a price of $230,000.
What is currently the cheapest priced home in Spring Grove, IN?
The cheapest home for sale in Spring Grove is priced at $66,100.
Living in Spring Grove, IN
Spring Grove, Indiana, offers a quaint, close-knit atmosphere that is perfect for families and retirees alike. This community boasts beautiful parks, access to outdoor activities, and friendly local businesses. The calm environment, combined with excellent educational resources, makes it an attractive place to live.
Current Market Conditions in Spring Grove, IN
The real estate market in Spring Grove has shown a steady increase in home values over the past year. Homes are selling quickly, highlighting a strong demand for properties in this desirable location, especially among families and retirees. The average days on market have decreased as more buyers recognize the appeal of small-town living coupled with easy access to urban amenities.
Recent trends indicate a growing interest in the area, particularly for single-family homes, with many buyers looking for larger lots and outdoor space. Due to limited inventory, competitive bidding situations have become more common, driving prices higher as motivated buyers seek to secure their dream homes.
Home Value Estimator For Spring Grove, IN
There are currently 25 real estate properties
in Spring Grove, IN,
with a median automated valuation model (AVM) price
of $110,200.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Spring Grove, 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 Spring Grove, IN,
is $115,335.00, with the most expensive house
in Spring Grove, IN, topping out
at $230,000.00 and the cheapest home
in Spring Grove, IN,
clocking in at $66,100.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Spring Grove, IN!
Rent Prices
In Spring Grove, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Spring Grove, IN, is on
a rollercoaster ride. The
average rent price in Spring Grove, IN,
is $912.00. Indeed, when looking to rent in
Spring Grove, IN, you can expect to pay as little
as $760.00 or as much
as $1,220.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Spring Grove, 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
