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Foreclosures in Winamac, IN

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Winamac, IN Foreclosures

How much do homes sell for in Winamac, IN?
The average home price is currently $225,755.
In Winamac, IN, how many homes are available?
There are currently 3 active home listings available in Winamac.
What’s the average rental cost in Winamac, IN?
The average rental price in Winamac is $1,023.
What is the most expensive home in Winamac?
The most expensive home sold in Winamac had a price of $2,595,650.
What is currently the cheapest priced home in Winamac, IN?
The cheapest home for sale in Winamac is priced at $11,038.

Living in Winamac, IN

Winamac, Indiana, is a charming small town that offers a friendly community, rich history, and plenty of outdoor activities. Ideal for families and retirees alike, it boasts excellent local schools and access to nature. With a variety of local amenities and a welcoming atmosphere, Winamac is a great place to call home.

Current Market Conditions in Winamac, IN

The real estate market in Winamac has shown signs of stability, with average home prices remaining consistent over the past few months. There is a notable demand for homes as first-time buyers are increasingly attracted to the affordability and serene lifestyle Winamac provides. Generally, properties in rural towns like Winamac are viewed as safe investments due to steady appreciation.

Currently, the inventory of homes for sale is limited, which has resulted in some competitive bidding in certain segments. As more people look to escape urban settings for quieter environments, Winamac is seeing an uptick in interest, particularly in its family-friendly neighborhoods and proximity to recreational opportunities.

Home Value Estimator For Winamac, IN

There are currently 3,172 real estate properties in Winamac, IN, with a median automated valuation model (AVM) price of $197,391.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Winamac, 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 Winamac, IN, is $225,755.00, with the most expensive house in Winamac, IN, topping out at $2,595,650.00 and the cheapest home in Winamac, IN, clocking in at $11,038.00. In other words, there’s something for every potential homebuyer or savvy investor in Winamac, IN!

Rent Prices In Winamac, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Winamac, IN, is on a rollercoaster ride. The average rent price in Winamac, IN, is $1,023.00. Indeed, when looking to rent in Winamac, IN, you can expect to pay as little as $510.00 or as much as $2,200.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Winamac, 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.

Winamac, IN Foreclosures


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