Foreclosures in Patriot, IN

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Home Value Estimator For Patriot, IN

There are currently 504 real estate properties in Patriot, IN, with a median automated valuation model (AVM) price of $119,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Patriot, 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 Patriot, IN, is $142,212.00, with the most expensive house in Patriot, IN, topping out at $1,315,800.00 and the cheapest home in Patriot, IN, clocking in at $31,642.00. In other words, there’s something for every potential homebuyer or savvy investor in Patriot, IN!

Rent Prices In Patriot, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Patriot, IN, is on a rollercoaster ride. The average rent price in Patriot, IN, is $993.00. Indeed, when looking to rent in Patriot, IN, you can expect to pay as little as $620.00 or as much as $1,650.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Patriot, 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 Patriot, IN In 2024

Patriot is located in Switzerland, Indiana, with an estimated municipal population of 209 residents. All of the best foreclosed homes for sale in Patriot are located in the following zip code areas on 47038. The estimated population per square kilometer (.62 miles) in Patriot is 368.

Diversity And Demographics In Patriot, 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 Patriot, 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 Patriot is 26.6, split between 42.1 percent male versus 57.9 female. The percentage of residents who report being married in Patriot is 46.8, with an average family size of 3.84.

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

White 100%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 21.8%
Aged 10-19 24.7%
20s 9.1%
30s 10.8%
40s 13.7%
50s 4.3%
60s 9.7%
70s 5.5%
80+ 0.4%

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

Pros And Cons Of Living In Patriot, Indiana

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

  • 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 Patriot.

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

Patriot, IN Foreclosures


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