Foreclosure Homes in Mexico, IN

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View this home at W South St Mexico IN 46958
$164,813 EMV
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Mexico, IN Foreclosures

How much do homes sell for in Mexico, IN?
The average home price is currently $147,685.
In Mexico, IN, how many homes are available?
There are currently 175 active home listings available in Mexico.
What’s the average rental cost in Mexico, IN?
The average rental price in Mexico is $979.
What is the most expensive home in Mexico, Indiana?
The most expensive home sold in Mexico had a price of $398,356.
What is currently the cheapest priced home in Mexico, IN?
The cheapest home for sale in Mexico is priced at $21,670.

Home Value Estimator For Mexico, IN

There are currently 175 real estate properties in Mexico, IN, with a median automated valuation model (AVM) price of $141,752.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mexico, 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 Mexico, IN, is $147,685.00, with the most expensive house in Mexico, IN, topping out at $398,356.00 and the cheapest home in Mexico, IN, clocking in at $21,670.00. In other words, there’s something for every potential homebuyer or savvy investor in Mexico, IN!

Rent Prices In Mexico, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mexico, IN, is on a rollercoaster ride. The average rent price in Mexico, IN, is $979.00. Indeed, when looking to rent in Mexico, IN, you can expect to pay as little as $470.00 or as much as $1,480.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Mexico, 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 Mexico, IN In 2024

Mexico is located in Miami, Indiana, with an estimated municipal population of 978 residents. All of the best foreclosed homes for sale in Mexico are located in the following zip code areas on 46970 46958. The estimated population per square kilometer (.62 miles) in Mexico is 69.

Cost Of Living In Mexico, IN

So, about how much do homes cost in Mexico? The most recent median value of resident-owned homes in Mexico is 95,728. An estimated 83.9 percent of households in Mexico own their homes, with an average family size of 2.63. The median household income in Mexico is 51,995, with6.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mexico, the median commute time of resident workers (in minutes) is 29.6. And last, but certainly not least, are you looking for homes to rent in Mexico? If so, the average rent price paid by renters in Mexico is 768, according to recent statistics.

Diversity And Demographics In Mexico, 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 Mexico, 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 Mexico is 44.3, split between 57.9 percent male versus 42.1 female. The percentage of residents who report being married in Mexico is 49.4, with an average family size of 2.63.

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

White 95.5%
Black / African American 2.8%
Asian 0.6%
American Indian / Alaskan Native 0.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0.6%

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

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

Under 10 3.5%
Aged 10-19 11.8%
20s 13.9%
30s 17.7%
40s 6.6%
50s 21.4%
60s 18.1%
70s 5.2%
80+ 1.7%

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

Pros And Cons Of Living In Mexico, Indiana

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

  • 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 Mexico.

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

Mexico, IN Foreclosures


Listing types in Mexico, IN

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