Universal, IN Foreclosures
How much do homes sell for in Universal, IN?
The average home price is currently $89,882.
In Universal, IN, how many homes are available?
There are currently 1 active home listings available in Universal.
What’s the average rental cost in Universal, IN?
The average rental price in Universal is $879.
What is the most expensive home in Universal?
The most expensive home sold in Universal had a price of $415,000.
What is currently the cheapest priced home in Universal, IN?
The cheapest home for sale in Universal is priced at $10,043.
Living in Universal, IN
Universal, IN, is a quaint rural community perfect for those seeking tranquility amidst nature. It offers a tight-knit atmosphere with local amenities and a scenic environment, while still providing access to larger urban areas for additional conveniences. Ideal for families and outdoor enthusiasts alike, Universal balances rural charm with modern accessibility.
Current Market Conditions in Universal, IN
The real estate market in Universal, IN, has shown steady growth over the past few years. The area remains attractive for buyers looking for affordable housing options with space and land. The demand is increasingly outpacing supply, particularly for single-family homes, which have led to rising prices and healthy competition among buyers.
Current trends show that families and individuals who appreciate a more leisurely pace of life are moving into the area, which is helping to boost the local economy and support local businesses. The housing inventory has been gradually decreasing, indicating a trend toward fewer choices available for prospective homeowners.
Home Value Estimator For Universal, IN
There are currently 151 real estate properties
in Universal, IN,
with a median automated valuation model (AVM) price
of $78,058.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Universal, 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 Universal, IN,
is $89,882.00, with the most expensive house
in Universal, IN, topping out
at $415,000.00 and the cheapest home
in Universal, IN,
clocking in at $10,043.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Universal, IN!
Rent Prices
In Universal, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Universal, IN, is on
a rollercoaster ride. The
average rent price in Universal, IN,
is $879.00. Indeed, when looking to rent in
Universal, IN, you can expect to pay as little
as $580.00 or as much
as $1,460.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Universal, 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
