Spurgeon, IN Foreclosures
Current Market Conditions in in Spurgeon, IN As of February 2026?
In the past month, Spurgeon, IN has seen a slight uptick in real estate activity, with an increase in viewings and inquiries from potential buyers. The number of active listings on the market has decreased, creating a competitive environment for buyers. Home prices remain stable, but sellers who have made recent improvements to their homes are seeing positive responses to their listings. Overall, the market remains dynamic, with both buyers and sellers adapting to the current conditions.
How much do homes sell for in Spurgeon, IN?
The average home price is currently $122,291.
In Spurgeon, IN, how many homes are available?
There are currently 2 active home listings available in Spurgeon.
What’s the average rental cost in Spurgeon, IN?
The average rental price in Spurgeon is $854.
What is the most expensive home in Spurgeon?
The most expensive home sold in Spurgeon had a price of $268,140.
What is currently the cheapest priced home in Spurgeon, IN?
The cheapest home for sale in Spurgeon is priced at $41,956.
Living in Spurgeon, IN
Spurgeon, Indiana, is a small town with a warm, community-oriented atmosphere. Surrounded by beautiful rural landscapes, it offers a peaceful lifestyle away from the hustle and bustle of city life. Residents enjoy access to local amenities, seasonal festivals, and outdoor recreational activities that enhance the small-town living experience.
Buyer vs Seller Market in Spurgeon, IN
The real estate market in Spurgeon has remained steady over the past year, with average home prices showing gradual appreciation. The small-town allure and affordability have drawn new homebuyers to the area, especially those looking to relocate from larger cities. Though inventory levels fluctuate, demand remains consistent as people seek tranquil living spaces within reach of larger urban areas.
As of late summer 2023, the housing market has demonstrated signs of gradual growth, with an increase in home sales compared to early 2023. Buyers are showing interest in properties that offer more space and access to nature, driving demand for larger homes with expansive backyards. Sellers are encouraged to price their homes competitively to attract buyers, given the heightened interest in the area.
Home Value Estimator For Spurgeon, IN
There are currently 77 real estate properties
in Spurgeon, IN,
with a median automated valuation model (AVM) price
of $117,314.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Spurgeon, 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 Spurgeon, IN,
is $122,291.00, with the most expensive house
in Spurgeon, IN, topping out
at $268,140.00 and the cheapest home
in Spurgeon, IN,
clocking in at $41,956.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Spurgeon, IN!
Rent Prices
In Spurgeon, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Spurgeon, IN, is on
a rollercoaster ride. The
average rent price in Spurgeon, IN,
is $854.00. Indeed, when looking to rent in
Spurgeon, IN, you can expect to pay as little
as $500.00 or as much
as $1,210.00,
with the average rent median estimated to
be $800.00. The good news is that finding
an affordable and desirable property to rent in Spurgeon, 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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