There are currently 90 real estate properties in Universal, IN, with a median automated valuation model (AVM) price of $89,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Universal, 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 Universal, IN, is $94,952.00, with the most expensive house in Universal, IN, topping out at $330,700.00 and the cheapest home in Universal, IN, clocking in at $44,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Universal, IN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Universal, IN, is on a rollercoaster ride. The average rent price in Universal, IN, is $933.00. Indeed, when looking to rent in Universal, IN, you can expect to pay as little as $670.00 or as much as $1,480.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Universal, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Universal, IN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Universal, IN and much more. Save thousands at closing with home foreclosure listings in Universal, IN — up to 75% off market value!
Universal is located in Vermillion, Indiana, with an estimated municipal population of 344 residents. All of the best foreclosed homes for sale in Universal are located in the following zip code areas on Foreclosure.com: 47842 47884. The estimated population per square kilometer (.62 miles) in Universal is 368.
So, about how much do homes cost in Universal? The most recent median value of resident-owned homes in Universal is 56,028. An estimated 92.2 percent of households in Universal own their homes, with an average family size of 2.56. The median household income in Universal is 47,500, with9.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Universal, the median commute time of resident workers (in minutes) is 24.3.
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 Universal, 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 Universal is 40.4, split between 45.5 percent male versus 54.5 female. The percentage of residents who report being married in Universal is 52.9, with an average family size of 2.56.
The percentage of residents who report their race in Universal is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Universal? Or maybe you are searching for 55+ active adult communities in and/or near Universal?
The percentage of residents who report their age in Universal is as follows:
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 Universal with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Universal.
How do you know that living in -- or moving to -- Universal is right where you need to be? Perhaps you grew up in Universal or already live nearby; therefore, the decision to buy a home in Universal is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Universal 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 Universal:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Universal.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Universal can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Universal, meanwhile, can field multiple offers from more qualified buyers.