Foreclosure Homes in Advance, IN

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View this home at S Main St Advance IN 46102
$168,192 EMV

3 Bed | 1 Bath | 1,278 Sq. Ft.

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Advance, IN Foreclosures

How much do homes sell for in Advance, IN?
The average home price is currently $219,842.
In Advance, IN, how many homes are available?
There are currently 169 active home listings available in Advance.
What’s the average rental cost in Advance, IN?
The average rental price in Advance is $1,051.
What is the most expensive home in Advance, Indiana?
The most expensive home sold in Advance had a price of $1,505,800.
What is currently the cheapest priced home in Advance, IN?
The cheapest home for sale in Advance is priced at $15,120.

Home Value Estimator For Advance, IN

There are currently 169 real estate properties in Advance, IN, with a median automated valuation model (AVM) price of $205,601.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Advance, 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 Advance, IN, is $219,842.00, with the most expensive house in Advance, IN, topping out at $1,505,800.00 and the cheapest home in Advance, IN, clocking in at $15,120.00. In other words, there’s something for every potential homebuyer or savvy investor in Advance, IN!

Rent Prices In Advance, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Advance, IN, is on a rollercoaster ride. The average rent price in Advance, IN, is $1,051.00. Indeed, when looking to rent in Advance, IN, you can expect to pay as little as $690.00 or as much as $1,690.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Advance, 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 Advance, IN In 2024

Advance is located in Boone, Indiana, with an estimated municipal population of 514 residents. All of the best foreclosed homes for sale in Advance are located in the following zip code areas on 46147 46102. The estimated population per square kilometer (.62 miles) in Advance is 336.

Cost Of Living In Advance, IN

So, about how much do homes cost in Advance? The most recent median value of resident-owned homes in Advance is 99,833. An estimated 80.3 percent of households in Advance own their homes, with an average family size of 2.95. The median household income in Advance is 54,167, with14.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Advance, the median commute time of resident workers (in minutes) is 26.5. And last, but certainly not least, are you looking for homes to rent in Advance? If so, the average rent price paid by renters in Advance is 888, according to recent statistics.

Diversity And Demographics In Advance, 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 Advance, 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 Advance is 46.8, split between 47.2 percent male versus 52.8 female. The percentage of residents who report being married in Advance is 54.8, with an average family size of 2.95.

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

White 97.8%
Black / African American 0%
Asian 1.5%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.2%
Other 0%

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

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

Under 10 9.6%
Aged 10-19 13.1%
20s 12.6%
30s 7.6%
40s 13.6%
50s 22%
60s 12.7%
70s 5.9%
80+ 2.8%

Best Schools In Advance, 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 Advance with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Advance.

Pros And Cons Of Living In Advance, Indiana

How do you know that living in -- or moving to -- Advance is right where you need to be? Perhaps you grew up in Advance or already live nearby; therefore, the decision to buy a home in Advance is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Advance 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 Advance:

  • 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 Advance.

Reasons To Move To Advance, 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 Advance can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Advance, meanwhile, can field multiple offers from more qualified buyers.

Advance, IN Foreclosures


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