Cheap Homes in Morocco, IN

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Morocco, IN Foreclosures

How much do homes sell for in Morocco, IN?
The average home price is currently $211,725.
In Morocco, IN, how many homes are available?
There are currently 818 active home listings available in Morocco.
What’s the average rental cost in Morocco, IN?
The average rental price in Morocco is $1,245.
What is the most expensive home in Morocco, Indiana?
The most expensive home sold in Morocco had a price of $1,588,000.
What is currently the cheapest priced home in Morocco, IN?
The cheapest home for sale in Morocco is priced at $30,864.

Home Value Estimator For Morocco, IN

There are currently 818 real estate properties in Morocco, IN, with a median automated valuation model (AVM) price of $176,930.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morocco, 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 Morocco, IN, is $211,725.00, with the most expensive house in Morocco, IN, topping out at $1,588,000.00 and the cheapest home in Morocco, IN, clocking in at $30,864.00. In other words, there’s something for every potential homebuyer or savvy investor in Morocco, IN!

Rent Prices In Morocco, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morocco, IN, is on a rollercoaster ride. The average rent price in Morocco, IN, is $1,245.00. Indeed, when looking to rent in Morocco, IN, you can expect to pay as little as $750.00 or as much as $2,060.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Morocco, 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 Morocco, IN In 2024

Morocco is located in Newton, Indiana, with an estimated municipal population of 1,094 residents. All of the best foreclosed homes for sale in Morocco are located in the following zip code areas on 47963. The estimated population per square kilometer (.62 miles) in Morocco is 396.

Cost Of Living In Morocco, IN

So, about how much do homes cost in Morocco? The most recent median value of resident-owned homes in Morocco is 90,443. An estimated 68.4 percent of households in Morocco own their homes, with an average family size of 2.97. The median household income in Morocco is 46,250, with6.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Morocco, the median commute time of resident workers (in minutes) is 41.3. And last, but certainly not least, are you looking for homes to rent in Morocco? If so, the average rent price paid by renters in Morocco is 868, according to recent statistics.

Diversity And Demographics In Morocco, 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 Morocco, 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 Morocco is 38.8, split between 51.2 percent male versus 48.8 female. The percentage of residents who report being married in Morocco is 47, with an average family size of 2.97.

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

White 97.4%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 1.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.2%
Other 1.2%

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

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

Under 10 13.1%
Aged 10-19 15.2%
20s 13.4%
30s 9.1%
40s 16.4%
50s 9.2%
60s 9.5%
70s 9.3%
80+ 4.8%

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

Pros And Cons Of Living In Morocco, Indiana

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

  • 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 Morocco.

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

Cheap Homes in Morocco, IN


Listing types in Morocco, IN

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