Foreclosure Homes in Gas City, IN

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View this home at W North B St Gas City IN 46933
$130,390 EMV
W North B St
Gas City, IN 46933
Mobile Home
3 |
EST. RENT: $1,211
AUCTION: 06-11-2024
Mobile Home
3 |
5 View this home at E Main St Gas City IN 46933
$210,744 EMV
E Main St
Gas City, IN 46933
3 |
EST. RENT: $1,211
AUCTION: 06-11-2024
3 |
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Gas City, IN Foreclosures

How much do homes sell for in Gas City, IN?
The average home price is currently $149,290.
In Gas City, IN, how many homes are available?
There are currently 2,350 active home listings available in Gas City.
What’s the average rental cost in Gas City, IN?
The average rental price in Gas City is $967.
What is the most expensive home in Gas City, Indiana?
The most expensive home sold in Gas City had a price of $1,317,268.
What is currently the cheapest priced home in Gas City, IN?
The cheapest home for sale in Gas City is priced at $20,020.

Home Value Estimator For Gas City, IN

There are currently 2,350 real estate properties in Gas City, IN, with a median automated valuation model (AVM) price of $134,750.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gas City, 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 Gas City, IN, is $149,290.00, with the most expensive house in Gas City, IN, topping out at $1,317,268.00 and the cheapest home in Gas City, IN, clocking in at $20,020.00. In other words, there’s something for every potential homebuyer or savvy investor in Gas City, IN!

Rent Prices In Gas City, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gas City, IN, is on a rollercoaster ride. The average rent price in Gas City, IN, is $967.00. Indeed, when looking to rent in Gas City, IN, you can expect to pay as little as $480.00 or as much as $1,920.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Gas City, 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 Gas City, IN In 2024

Gas City is located in Grant, Indiana, with an estimated municipal population of 5,772 residents. All of the best foreclosed homes for sale in Gas City are located in the following zip code areas on 46933. The estimated population per square kilometer (.62 miles) in Gas City is 459.

Cost Of Living In Gas City, IN

So, about how much do homes cost in Gas City? The most recent median value of resident-owned homes in Gas City is 88,622. An estimated 64.4 percent of households in Gas City own their homes, with an average family size of 2.87. The median household income in Gas City is 42,454, with12.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gas City, the median commute time of resident workers (in minutes) is 24.2. And last, but certainly not least, are you looking for homes to rent in Gas City? If so, the average rent price paid by renters in Gas City is 826, according to recent statistics.

Diversity And Demographics In Gas City, 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 Gas City, 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 Gas City is 36.7, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in Gas City is 45.3, with an average family size of 2.87.

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

White 93.6%
Black / African American 1.8%
Asian 2.2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.2%
Other 0.1%

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

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

Under 10 16.3%
Aged 10-19 13.8%
20s 9.1%
30s 14.8%
40s 11.9%
50s 11.4%
60s 11.7%
70s 6.4%
80+ 4.6%

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

Pros And Cons Of Living In Gas City, Indiana

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

  • 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 Gas City.

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

Gas City, IN Foreclosures


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