Foreclosures in Shelburn, IN

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Home Value Estimator For Shelburn, IN

There are currently 863 real estate properties in Shelburn, IN, with a median automated valuation model (AVM) price of $58,815.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shelburn, 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 Shelburn, IN, is $72,420.00, with the most expensive house in Shelburn, IN, topping out at $682,200.00 and the cheapest home in Shelburn, IN, clocking in at $14,887.00. In other words, there’s something for every potential homebuyer or savvy investor in Shelburn, IN!

Rent Prices In Shelburn, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shelburn, IN, is on a rollercoaster ride. The average rent price in Shelburn, IN, is $819.00. Indeed, when looking to rent in Shelburn, IN, you can expect to pay as little as $470.00 or as much as $1,720.00, with the average rent median estimated to be $780.00. The good news is that finding an affordable and desirable property to rent in Shelburn, 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 Shelburn, IN In 2024

Shelburn is located in Sullivan, Indiana, with an estimated municipal population of 1,217 residents. All of the best foreclosed homes for sale in Shelburn are located in the following zip code areas on 47879. The estimated population per square kilometer (.62 miles) in Shelburn is 680.

Cost Of Living In Shelburn, IN

So, about how much do homes cost in Shelburn? The most recent median value of resident-owned homes in Shelburn is 56,872. An estimated 65.5 percent of households in Shelburn own their homes, with an average family size of 2.94. The median household income in Shelburn is 45,648, with7.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Shelburn, the median commute time of resident workers (in minutes) is 22. And last, but certainly not least, are you looking for homes to rent in Shelburn? If so, the average rent price paid by renters in Shelburn is 718, according to recent statistics.

Diversity And Demographics In Shelburn, 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 Shelburn, 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 Shelburn is 34.4, split between 42.7 percent male versus 57.3 female. The percentage of residents who report being married in Shelburn is 48.9, with an average family size of 2.94.

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

White 97.5%
Black / African American 0.5%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0.6%
Multi-racial 1.2%
Other 0.1%

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

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

Under 10 13.6%
Aged 10-19 14.4%
20s 14.4%
30s 14.6%
40s 11%
50s 14.9%
60s 8.5%
70s 7.3%
80+ 1.3%

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

Pros And Cons Of Living In Shelburn, Indiana

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

  • 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 Shelburn.

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

Shelburn, IN Foreclosures


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