There are currently 25,961 real estate properties in Indio, CA, with a median automated valuation model (AVM) price of $518,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Indio, CA, 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 Indio, CA, is $531,566.00, with the most expensive house in Indio, CA, topping out at $12,519,200.00 and the cheapest home in Indio, CA, clocking in at $39,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Indio, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Indio, CA, is on a rollercoaster ride. The average rent price in Indio, CA, is $1,988.00. Indeed, when looking to rent in Indio, CA, you can expect to pay as little as $650.00 or as much as $6,400.00, with the average rent median estimated to be $1,980.00. The good news is that finding an affordable and desirable property to rent in Indio, CA -- 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 Indio, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Indio, CA and much more. Save thousands at closing with home foreclosure listings in Indio, CA — up to 75% off market value!
Indio is located in Riverside, California, with an estimated municipal population of 91,765 residents. All of the best foreclosed homes for sale in Indio are located in the following zip code areas on Foreclosure.com: 92241 92201 92203. The estimated population per square kilometer (.62 miles) in Indio is 1,066.
So, about how much do homes cost in Indio? The most recent median value of resident-owned homes in Indio is 276,349. An estimated 70.6 percent of households in Indio own their homes, with an average family size of 3.49. The median household income in Indio is 53,669, with22.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Indio, the median commute time of resident workers (in minutes) is 22.3. And last, but certainly not least, are you looking for homes to rent in Indio? If so, the average rent price paid by renters in Indio is 1,084, 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 Indio, 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 Indio is 40, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in Indio is 50.6, with an average family size of 3.49.
The percentage of residents who report their race in Indio is as follows:
|Black / African American||3.4%|
|American Indian / Alaskan Native||0.6%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Indio? Or maybe you are searching for 55+ active adult communities in and/or near Indio?
The percentage of residents who report their age in Indio 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 Indio with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Indio.
How do you know that living in -- or moving to -- Indio is right where you need to be? Perhaps you grew up in Indio or already live nearby; therefore, the decision to buy a home in Indio is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Indio 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 Indio:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Indio.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Indio can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Indio, meanwhile, can field multiple offers from more qualified buyers.
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