Foreclosure Homes in New Ross, IN

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View this home at S 775 E New Ross IN 47968
$197,987 EMV
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New Ross, IN Foreclosures

How much do homes sell for in New Ross, IN?
The average home price is currently $250,665.
In New Ross, IN, how many homes are available?
There are currently 384 active home listings available in New Ross.
What’s the average rental cost in New Ross, IN?
The average rental price in New Ross is $1,179.
What is the most expensive home in New Ross, Indiana?
The most expensive home sold in New Ross had a price of $1,740,800.
What is currently the cheapest priced home in New Ross, IN?
The cheapest home for sale in New Ross is priced at $28,322.

Home Value Estimator For New Ross, IN

There are currently 384 real estate properties in New Ross, IN, with a median automated valuation model (AVM) price of $209,560.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Ross, 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 New Ross, IN, is $250,665.00, with the most expensive house in New Ross, IN, topping out at $1,740,800.00 and the cheapest home in New Ross, IN, clocking in at $28,322.00. In other words, there’s something for every potential homebuyer or savvy investor in New Ross, IN!

Rent Prices In New Ross, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Ross, IN, is on a rollercoaster ride. The average rent price in New Ross, IN, is $1,179.00. Indeed, when looking to rent in New Ross, IN, you can expect to pay as little as $590.00 or as much as $2,760.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in New Ross, 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 New Ross, IN In 2024

New Ross is located in Montgomery, Indiana, with an estimated municipal population of 343 residents. All of the best foreclosed homes for sale in New Ross are located in the following zip code areas on 47968. The estimated population per square kilometer (.62 miles) in New Ross is 443.

Cost Of Living In New Ross, IN

So, about how much do homes cost in New Ross? The most recent median value of resident-owned homes in New Ross is 84,990. An estimated 80.9 percent of households in New Ross own their homes, with an average family size of 3.25. The median household income in New Ross is 54,766, with17.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in New Ross, the median commute time of resident workers (in minutes) is 28.3. And last, but certainly not least, are you looking for homes to rent in New Ross? If so, the average rent price paid by renters in New Ross is 919, according to recent statistics.

Diversity And Demographics In New Ross, 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 New Ross, 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 New Ross is 36.3, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in New Ross is 58.9, with an average family size of 3.25.

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

White 99.3%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.7%
Other 0%

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

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

Under 10 11.9%
Aged 10-19 17.4%
20s 7.3%
30s 18%
40s 14.7%
50s 14.7%
60s 7.7%
70s 4.6%
80+ 3.8%

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

Pros And Cons Of Living In New Ross, Indiana

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

  • 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 New Ross.

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

New Ross, IN Foreclosures


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