There are currently 3,945 real estate properties in Beech Grove, IN, with a median automated valuation model (AVM) price of $166,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Beech Grove, 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 Beech Grove, IN, is $176,576.00, with the most expensive house in Beech Grove, IN, topping out at $3,630,000.00 and the cheapest home in Beech Grove, IN, clocking in at $66,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Beech Grove, IN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Beech Grove, IN, is on a rollercoaster ride. The average rent price in Beech Grove, IN, is $1,139.00. Indeed, when looking to rent in Beech Grove, IN, you can expect to pay as little as $540.00 or as much as $2,200.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Beech Grove, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Beech Grove, IN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Beech Grove, IN and much more. Save thousands at closing with home foreclosure listings in Beech Grove, IN — up to 75% off market value!
Beech Grove is located in Marion, Indiana, with an estimated municipal population of 14,937 residents. All of the best foreclosed homes for sale in Beech Grove are located in the following zip code areas on Foreclosure.com: 46107 46203. The estimated population per square kilometer (.62 miles) in Beech Grove is 1,288.
So, about how much do homes cost in Beech Grove? The most recent median value of resident-owned homes in Beech Grove is 101,845. An estimated 57.6 percent of households in Beech Grove own their homes, with an average family size of 3.35. The median household income in Beech Grove is 43,802, with14.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Beech Grove, the median commute time of resident workers (in minutes) is 23.3. And last, but certainly not least, are you looking for homes to rent in Beech Grove? If so, the average rent price paid by renters in Beech Grove is 780, according to recent statistics.
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 Beech Grove, 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 Beech Grove is 36.3, split between 46.2 percent male versus 53.8 female. The percentage of residents who report being married in Beech Grove is 39, with an average family size of 3.35.
The percentage of residents who report their race in Beech Grove is as follows:
|Black / African American||8.2%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Beech Grove? Or maybe you are searching for 55+ active adult communities in and/or near Beech Grove?
The percentage of residents who report their age in Beech Grove is as follows:
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 Beech Grove with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Beech Grove.
How do you know that living in -- or moving to -- Beech Grove is right where you need to be? Perhaps you grew up in Beech Grove or already live nearby; therefore, the decision to buy a home in Beech Grove is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Beech Grove 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 Beech Grove:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Beech Grove.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Beech Grove can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Beech Grove, meanwhile, can field multiple offers from more qualified buyers.