Summitville, IN Foreclosures
How much do homes sell for in Summitville, IN?
The average home price is currently $213,519.
In Summitville, IN, how many homes are available?
There are currently 2 active home listings available in Summitville.
What’s the average rental cost in Summitville, IN?
The average rental price in Summitville is $999.
What is the most expensive home in Summitville?
The most expensive home sold in Summitville had a price of $2,929,000.
What is currently the cheapest priced home in Summitville, IN?
The cheapest home for sale in Summitville is priced at $12,336.
Living in Summitville, IN
Summitville, Indiana, offers a peaceful and friendly atmosphere, perfect for families and retirees alike. With a close-knit community, beautiful parks, and access to outdoor activities, it provides a great quality of life. The town is well-connected to larger urban areas, making it ideal for those who appreciate small-town charm with modern conveniences.
Current Market Conditions in Summitville, IN
The Summitville real estate market is currently active, with a noticeable increase in homebuying interest over the past few months. This trend is driven by low interest rates and the ongoing demand for affordable housing options in cozy, rural communities. Home prices are gradually rising as more people look to make this sleepy town their new home, attracted by its charm and potential for growth.
There has been a notable shift towards single-family homes, with many buyers seeking properties that can accommodate remote work setups and outdoor space, reflecting a broader trend witnessed nationwide. Inventory levels remain a concern, as the supply of homes for sale is somewhat limited compared to the increasing demand.
Home Value Estimator For Summitville, IN
There are currently 876 real estate properties
in Summitville, IN,
with a median automated valuation model (AVM) price
of $171,683.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Summitville, 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 Summitville, IN,
is $213,519.00, with the most expensive house
in Summitville, IN, topping out
at $2,929,000.00 and the cheapest home
in Summitville, IN,
clocking in at $12,336.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Summitville, IN!
Rent Prices
In Summitville, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Summitville, IN, is on
a rollercoaster ride. The
average rent price in Summitville, IN,
is $999.00. Indeed, when looking to rent in
Summitville, IN, you can expect to pay as little
as $580.00 or as much
as $1,930.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in Summitville, 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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