Urbana, IN Foreclosures
How much do homes sell for in Urbana, IN?
The average home price is currently $324,696.
In Urbana, IN, how many homes are available?
There are currently 35 active home listings available in Urbana.
What’s the average rental cost in Urbana, IN?
The average rental price in Urbana is $1,088.
What is the most expensive home in Urbana?
The most expensive home sold in Urbana had a price of $5,387,305.
What is currently the cheapest priced home in Urbana, IN?
The cheapest home for sale in Urbana is priced at $14,116.
Living in Urbana, IN
Urbana is a small, charming community located in the heart of Indiana. Known for its friendly atmosphere and strong sense of community, Urbana offers a peaceful rural lifestyle while remaining conveniently close to larger cities. The area features a mix of spacious homes, farmland, and local businesses that contribute to its quaint charm.
Current Market Conditions in Urbana, IN
The real estate market in Urbana is currently displaying positive trends, with increasing interest from buyers looking for affordable housing and a tight-knit community. There has been a steady increase in home sales over the past year, with both first-time homebuyers and retirees showing interest in the market. As the demand for homes rises, potential investors should be aware of the current growth trajectory in Urbana's real estate.
Home prices in Urbana have been steadily increasing, with a notable appreciation observed, particularly in family-sized homes. With ongoing economic improvements in the surrounding areas and the influx of workers in local sectors, the community is anticipated to continue experiencing growth, providing opportunities for both homeowners and investors.
Home Value Estimator For Urbana, IN
There are currently 338 real estate properties
in Urbana, IN,
with a median automated valuation model (AVM) price
of $259,281.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Urbana, 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 Urbana, IN,
is $324,696.00, with the most expensive house
in Urbana, IN, topping out
at $5,387,305.00 and the cheapest home
in Urbana, IN,
clocking in at $14,116.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Urbana, IN!
Rent Prices
In Urbana, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Urbana, IN, is on
a rollercoaster ride. The
average rent price in Urbana, IN,
is $1,088.00. Indeed, when looking to rent in
Urbana, IN, you can expect to pay as little
as $590.00 or as much
as $2,220.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Urbana, 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
