Cheap Homes in Waynetown, IN

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31 North-vine-street-Waynetown-IN-47990
Fixer Upper
$55,000 List Price
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Home Value Estimator For Waynetown, IN

There are currently 567 real estate properties in Waynetown, IN, with a median automated valuation model (AVM) price of $156,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Waynetown, 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 Waynetown, IN, is $168,175.00, with the most expensive house in Waynetown, IN, topping out at $450,000.00 and the cheapest home in Waynetown, IN, clocking in at $68,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Waynetown, IN!

Rent Prices In Waynetown, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waynetown, IN, is on a rollercoaster ride. The average rent price in Waynetown, IN, is $1,114.00. Indeed, when looking to rent in Waynetown, IN, you can expect to pay as little as $640.00 or as much as $1,750.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Waynetown, 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.

Foreclosure Homes in Waynetown, IN

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Waynetown, IN area at Get information on foreclosure homes for rent, how to buy foreclosures in Waynetown, IN and much more. Save thousands at closing with home foreclosure listings in Waynetown, IN — up to 75% off market value!

Top Reasons To Live In Waynetown, IN In 2022

Waynetown is located in Montgomery, Indiana, with an estimated municipal population of 962 residents. All of the best foreclosed homes for sale in Waynetown are located in the following zip code areas on 47990. The estimated population per square kilometer (.62 miles) in Waynetown is 831.

Cost Of Living In Waynetown, IN

So, about how much do homes cost in Waynetown? The most recent median value of resident-owned homes in Waynetown is 85,758. An estimated 84 percent of households in Waynetown own their homes, with an average family size of 3.12. The median household income in Waynetown is 54,083, with8.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Waynetown, the median commute time of resident workers (in minutes) is 22.9. And last, but certainly not least, are you looking for homes to rent in Waynetown? If so, the average rent price paid by renters in Waynetown is 780, according to recent statistics.

Diversity And Demographics In Waynetown, 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 Waynetown, 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 Waynetown is 38.7, split between 50.8 percent male versus 49.2 female. The percentage of residents who report being married in Waynetown is 58.5, with an average family size of 3.12.

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

White 97.1%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.6%
Other 0%

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

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

Under 10 13.7%
Aged 10-19 14.3%
20s 10.2%
30s 14.7%
40s 13.8%
50s 12.8%
60s 9.6%
70s 7.4%
80+ 3.5%

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

Pros And Cons Of Living In Waynetown, Indiana

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

  • 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 Waynetown.

Reasons To Move To Waynetown, Indiana, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Waynetown can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Waynetown, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Waynetown, IN


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