Preforeclosure Homes in Paoli, IN

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Home Value Estimator For Paoli, IN

There are currently 1,846 real estate properties in Paoli, IN, with a median automated valuation model (AVM) price of $138,031.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Paoli, 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 Paoli, IN, is $156,675.00, with the most expensive house in Paoli, IN, topping out at $2,631,600.00 and the cheapest home in Paoli, IN, clocking in at $15,120.00. In other words, there’s something for every potential homebuyer or savvy investor in Paoli, IN!

Rent Prices In Paoli, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Paoli, IN, is on a rollercoaster ride. The average rent price in Paoli, IN, is $987.00. Indeed, when looking to rent in Paoli, IN, you can expect to pay as little as $470.00 or as much as $2,720.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Paoli, 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.

Top Reasons To Live In Paoli, IN In 2024

Paoli is located in Orange, Indiana, with an estimated municipal population of 3,627 residents. All of the best foreclosed homes for sale in Paoli are located in the following zip code areas on 47454. The estimated population per square kilometer (.62 miles) in Paoli is 374.

Cost Of Living In Paoli, IN

So, about how much do homes cost in Paoli? The most recent median value of resident-owned homes in Paoli is 81,144. An estimated 59.6 percent of households in Paoli own their homes, with an average family size of 3.22. The median household income in Paoli is 37,449, with8.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Paoli, the median commute time of resident workers (in minutes) is 15.7. And last, but certainly not least, are you looking for homes to rent in Paoli? If so, the average rent price paid by renters in Paoli is 703, according to recent statistics.

Diversity And Demographics In Paoli, Indiana

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Paoli, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Paoli is 38.8, split between 47.2 percent male versus 52.8 female. The percentage of residents who report being married in Paoli is 37.7, with an average family size of 3.22.

The percentage of residents who report their race in Paoli is as follows:

White 97%
Black / African American 0.6%
Asian 2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.4%
Other 0%

Looking for family-friendly neighborhoods in and/or near Paoli? Or maybe you are searching for 55+ active adult communities in and/or near Paoli?

The percentage of residents who report their age in Paoli is as follows:

Under 10 9.6%
Aged 10-19 15.1%
20s 13.9%
30s 13.8%
40s 12.5%
50s 13.6%
60s 11.2%
70s 5.2%
80+ 5.1%

Best Schools In Paoli, Indiana

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Paoli with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Paoli.

Pros And Cons Of Living In Paoli, Indiana

How do you know that living in -- or moving to -- Paoli is right where you need to be? Perhaps you grew up in Paoli or already live nearby; therefore, the decision to buy a home in Paoli is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Paoli for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Paoli:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Paoli.

Reasons To Move To Paoli, Indiana, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Paoli can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Paoli, meanwhile, can field multiple offers from more qualified buyers.

Paoli, IN Preforeclosure Homes


Listing types in Paoli, IN

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